VECV’s August 2024 wholesales jump 2% YoY to 6028 units
Eicher branded trucks & buses recorded sales of 6444 units in July 2024 as compared to 5736 units in August 2023.
VE Commercial Vehicles Ltd. recorded sales of 6028 units in August 2024 as compared to 5907 units in August 2023, a growth of 2%.
The company noted in a regularory filing that Eicher branded trucks & buses recorded sales of 6444 units in July 2024 as compared to 5736 units in August 2023, representing a growth of 12.3%.
In the domestic Eicher sales, LMD (Light and Medium Duty) Trucks (3.5-18.5T) stood at 3,241 units in August 2024, a degrowth of 6.4% YoY. In the HD (Heavy Duty) (≥18.5T) the sales during August 2024, stood at 1,611 units, translating into a jump of 4.6%.
Likewise, in the LMD Bus, the category grew by 29.6% YoY to 1,006 units. The HD buses wtinessed 170 unit sales at 32.8% YoY growth. Additionally, the total Volvo Trucks & Buses stood at 260 units—a jump of 9.7% YoY.
RELATED ARTICLES
Govt to Release PM E-Drive Subsidy Guidelines for Electric Ambulances by Year-End
Electric ambulances have been included for demand incentives under the PM E-Drive scheme. Only one electric model made b...
Mercedes-Benz India Sees Flat-to-Single-Digit Growth in 2025: MD Iyer
Managing Director Santosh Iyer expects a high base, price hikes, and geopolitical uncertainty to weigh on the second hal...
Mercedes-Benz India Begins FY26 with Highest-Ever Q1 Sales
The launch of the GLS AMG Line adds to Mercedes-Benz’s SUV offerings and aligns with its broader strategy to strengthen ...