VE Commercial Vehicles records a growth sales of 10.6% with 7424 units in June 2024

VE Commercial Vehicles Ltd., a joint venture between Volvo Group and Eicher Motors, reported sales of 7,424 units in June 2024, up 10.6% from 6,715 units in June 2023. This figure includes 7,314 units of the Eicher brand and 110 units of the Volvo brand.

Eicher trucks and buses experienced a significant increase, with sales reaching 7,314 units in June 2024, up from 6,527 units in June 2023, an increase of 12.1%.

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In the domestic commercial vehicle market, Eicher recorded sales of 6,893 units in June 2024, compared to 6,277 units in June 2023. This represents a growth of 9.8%.

On the export front, Eicher sales increased to 421 units in June 2024 from 250 units in June 2023, representing a significant increase of 68.4%.

However, Volvo Trucks and Volvo Buses experienced a decline. They reported sales of 110 units in June 2024, down from 188 units in June 2023, a decline of 41.5%.            

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