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%.
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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