VE Commercial Vehicles sells 6289 units in May 2023
VE Commercial Vehicles Ltd.
(A Volvo Group and Eicher Motors joint venture) recorded sales of 6289 units in
May 2023 as compared to 5637 units in May 2022 recording a growth of 11.6%.
This includes 6076 units of Eicher brand and 213 units of Volvo brand.
Following are the key
highlights for May 2023:
• Eicher branded trucks & buses have recorded sales of 6076
units in May 2023 as compared to 5504 units in May 2022 representing a growth
of 10.4%.
• In the domestic CV market, Eicher branded trucks & buses
have recorded sales of 5826 units in May 2023 as compared to 5033 units in May
2022, representing a growth of 15.8%.
• On the Exports front, Eicher branded trucks & buses have
recorded sales of 250 units in May 2023 as compared to 471 units in May 2022,
representing a decline of 46.9%
• Volvo Trucks and Volvo Buses have recorded sales of 213 units
in May 2023 as compared to 133 units in May 2022, representing a growth of
60.2%.
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
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