VE Commercial Vehicles sells 6715 units in June 2023
VE Commercial Vehicles Ltd.
(A Volvo Group and Eicher Motors joint venture) recorded sales of 6715 units in
June 2023 as compared to 6307 units in June 2022 recording a growth of 6.5%.
This includes 6527 units of Eicher brand and 188 units of Volvo brand.
Following
are the key highlights for June 2023:
• Eicher branded trucks & buses have recorded sales of 6527
units in June 2023 as compared to 6185 units in June 2022 representing a growth
of 5.5%.
• In the domestic CV market, Eicher branded trucks & buses
have recorded sales of 6277 units in June 2023 as compared to 5584 units in
June 2022, representing a growth of 12.4%.
• On the Exports front, Eicher branded trucks & buses have
recorded sales of 250 units in June 2023 as compared to 601 units in June 2022,
representing a decline of 58.4%
• Volvo Trucks and Volvo Buses have recorded sales of 188 units
in June 2023 as compared to 122 units in June 2022, representing a growth of
54.1%.
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.
Current Issue
12-2025
