VE Commercial Vehicles sells 4903 units in November 2022
VE
Commercial Vehicles Ltd. (A Volvo Group and Eicher Motors joint venture)
recorded sales of 4903 units in November 2022 as compared to 4085 units in
November 2021 recording a growth of 20.0%. This includes 4720 units of Eicher
brand and 183 units of Volvo brand.
Following are the key highlights for November 2022:
• Eicher branded trucks & buses have recorded sales of 4720 units in November 2022 as compared to 3967 units in November 2021 representing a growth of 19.0%.
• In the domestic CV market, Eicher branded trucks & buses have recorded sales of 4483 units in November 2022 as compared to 3184 units in November 2021, representing a growth of 40.8%.
• On the Exports front, Eicher branded trucks & buses have recorded sales of 237 units in November 2022 as compared to 783 units in November 2021, representing a decline of 69.7%
• Volvo Trucks and Volvo Buses have recorded sales of 183 units in November 2022 as compared to 118 units in November 2021, representing a growth of 55.1%.
About VE Commercial Vehicles Ltd (VECV): 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. WWW.VECV.IN
Current Issue
12-2025
