VE Commercial Vehicles records a growth sales of 10.6% with 7424 units in June 2024

ETAuto Desk ETAuto Desk | 07-04 00:20

However, Volvo Trucks and Volvo Buses experienced a decline. They reported sales of 110 units in June 2024, down from 188 units in June 2023, a decrease of 41.5%.
VE Commercial Vehicles Ltd., a joint venture between Volvo Group and Eicher Motors, reported sales of 7,424 units in June 2024, up 10.6% from 6,715 units in June 2023. This figure includes 7,314 Eicher-branded units and 110 Volvo-branded units.

Eicher branded trucks and buses saw a notable increase, with sales reaching 7,314 units in June 2024, compared to 6,527 units in June 2023—a 12.1% rise.

In the domestic commercial vehicle market, Eicher recorded sales of 6,893 units in June 2024, versus 6,277 units in June 2023. This represents a 9.8% growth.

On the export front, Eicher's sales surged to 421 units in June 2024 from 250 units in June 2023, marking a significant 68.4% increase.

However, Volvo Trucks and Volvo Buses experienced a decline. They reported sales of 110 units in June 2024, down from 188 units in June 2023, a decrease of 41.5%.

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