FCC

VE Commercial Vehicles Registers 7.4% Sales Growth in July 2025

2025-08-05

VE Commercial Vehicles (VECV), a joint venture between the Volvo Group and Eicher Motors, reported total sales of 7,115 units in July 2025, marking a 7.4 per cent increase compared to 6,622 units sold in July 2024. The growth was primarily driven by strong performance in the Eicher brand portfolio, alongside a robust increase in exports.

Sales Performance Highlights – July 2025:

• Eicher Brand Sales: Eicher-branded trucks and buses recorded sales of 6,940 units in July 2025, up 7.7 per cent from 6,444 units in July 2024.

• Domestic Market: Domestic sales of Eicher-branded commercial vehicles reached 6,410 units, reflecting a 6.1 per cent growth over 6,044 units sold in July 2024.

• Exports: VECV's export performance surged with 530 units sold in July 2025, a notable 32.5 per cent jump from 400 units a year earlier.

• Volvo Brand Sales: Volvo Trucks and Buses registered sales of 175 units in July 2025, marginally lower than 178 units sold in July 2024, representing a decline of 1.7 per cent.