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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%.

Commercial Vehicles sales , VE Commercial Vehicles, Eicher Motors, VECV sales, VECV June sales, VECV sales 2024

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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