Follow us
VE Commercial Vehicles May sales rise 11.6% (YoY) to 6,289 units
Total exports saw a fall of 46.9%, at 250 units from 471 units in the year ago period.
By Autocar Professional Bureau
4114 Views
VE Commercial Vehicles reported total commercial vehicle sales of 6,289 units in May, registering an 11.6% increase on a yearly basis, as compared to 5,637 units in May 2022.
The total domestic sales increased by 15.8% on a yearly basis, to 5,826 units in May 2023, from 5033 units in May 2022. Total exports saw a fall of 46.9%, at 250 units from 471 units in the year ago period.
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%. VE Commercial Vehicles (VECV) is a joint venture between the Volvo Group and Eicher Motors.
RELATED ARTICLES
BlueBinaries Acquires MicroNova Automotive Testing Unit to Form NovaBinaries
Dev Vadchhedia
24 Sep 2026
BlueBinaries targets $100 million revenue threshold with test automation business.
Kinetic Engineering Invests Rs 57 Crore to Scale Exports and EV Arm
Dev Vadchhedia
24 Sep 2026
Kinetic funds Rs 500 crore export order for Europe and Mexico while backing subsidiary Kinetic Watts and Volts.
Mahindra Scales Charge_iN Public EV Network to 50 Stations, Targets 250 Sites by December 2027
Dev Vadchhedia
24 Sep 2026
Mahindra commissions first joint 180 kW fast-charging site with HPCL on Mumbai-Pune Expressway as live connector footpri...
