FCC

VE Commercial Vehicles sells 5,574 units in Nov 2024

2024-12-05

VE Commercial Vehicles Ltd. (A Volvo Group and Eicher Motors joint venture) recorded sales of 5574 units in November 2024 as compared to 5194 units in November 2023, a growth of 7.3%. This includes 5359 units of Eicher brand and 215 units of Volvo brand.

Following are details for November 2024:

• Eicher branded trucks & buses have recorded sales of 5359 units in November 2024 as compared to 4989 units in November 2023 representing a growth of 7.4%.

• In the domestic CV market, Eicher branded trucks & buses have recorded sales of 4957 units in November 2024 as compared to 4686 units in November 2023, representing a growth of 5.8%.

• On the Exports front, Eicher branded trucks & buses recorded sales of 402 units in November 2024 as compared to 303 units in November 2023, representing a growth of 32.7%

• Volvo Trucks and Volvo Buses recorded sales of 215 units in November 2024 as compared to 205 units in November 2023, representing a growth of 4.9%.

VE Commercial Vehicles Limited (VECV) is a joint venture between the Volvo Group and Eicher Motors Limited. In operation since December 2008, the company includes the complete range of Eicher branded trucks and buses, Volvo Buses, exclusive distribution of Volvo Trucks in India, engine manufacturing and exports for Volvo Group, non-automotive engines and Eicher component business. A multi-brand, multi-division company, backed by innovative products & services, VECV today, is recognized as an industry leader for modernizing commercial transportation in India and developing world.