VE Commercial Vehicles (A Volvo Group and Eicher Motors joint venture) has recorded sales of 6,715 units in June 2023 as compared to 6,307 units in June 2022 recording a growth of 6.5 per cent. This includes 6,527 units of Eicher brand and 188 units of Volvo brand.
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 per cent.
♦ 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 per cent.
♦ 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 per cent.
♦ 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 per cent.
In operation since December 2008, VE Commercial Vehicles (VECV) is a joint venture between the Volvo Group and Eicher Motors.