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VE Commercial Vehicles Ltd. (A Volvo Group and Eicher Motors joint venture) recorded sales of 7289 units in February 2023 as compared to 5856 units in February 2022 recording a growth of 24.5%. This includes 7100 units of Eicher brand and 189 units of Volvo brand.

Following are the key highlights for February 2023:

•  Eicher branded trucks & buses have recorded sales of 7100 units in February 2023 as compared to 5745 units in February 2022 representing a growth of 23.6%.

•  In the domestic CV market, Eicher branded trucks & buses have recorded sales of 6799 units in February 2023 as compared to 5093 units in February 2022, representing a growth of 33.5%.

•  On the Exports front, Eicher branded trucks & buses have recorded sales of 301 units in February 2023 as compared to 652 units in February 2022, representing a decline of 53.8%

•  Volvo Trucks and Volvo Buses have recorded sales of 189 units in February 2023 as compared to 111 units in February 2022, representing a growth of 70.3%.