VECV reports 18.9% YoY jump in dispatches during April 2023

According to the company, sales of trucks and buses bearing the Eicher brand increased by 18.1% in April 2023 to 6399 units from 5416 units in April 2022.

Autocar Professional BureauBy Autocar Professional Bureau calendar 01 May 2023 Views icon3693 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
VECV reports 18.9% YoY jump in dispatches during April 2023

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, reported sales of 6,567 units in April 2023 as compared to 5,525 units in April 2023, recording a YoY growth of 18.9%. This includes 6,399 units of the Eicher brand and 168 units of the Volvo brand, the company said in a statement. 

According to the company, sales of trucks and buses bearing the Eicher brand increased by 18.1% in April 2023 to 6399 units from 5416 units in April 2022. In the domestic CV market, sales of trucks and buses bearing the Eicher brand increased by 28.9% to 6142 units in April 2023 from 4766 units in April 2022.

 Sales of Volvo trucks and Volvo buses reached 168 units in April 2023 as compared to 109 units in April 2022, a 54.1% increase.

RELATED ARTICLES

Olectra Greentech FY26 Net Profit up 29% to ₹179.5 crore

auther Arunima Pal calendar29 May 2026

The company delivered 1,280 electric vehicles during the year, up 32% from 972 units in FY25.

Targeting Minimum 70% Localisation for All New Models, Says JSW MG’s Anurag Mehrotra

auther Kiran Murali calendar29 May 2026

The automaker will enforce a 70% domestic component baseline for future models while deploying a 3,000 to 4,000 crore ru...

SAVWIPL Launches Volkswagen Brand in Sri Lanka with Taigun and Virtus

auther Arunima Pal calendar29 May 2026

Partnership with Continental Cars marks Volkswagen’s entry into Sri Lanka as SAVWIPL expands its regional export footpri...