VECV's domestic wholesales drops by 20.3% YoY in April 2024
The light and medium duty bus contributed 1,253 unit wholesales in April 2024, a 14.2% drop when compared with 1,461 units in April 2023.
By Autocar Professional Bureau
3145 Views
Volvo Eicher Commercial Vehicles (VECV) reported a domestic wholesale drop in sales by 20.3% at 4898 units during April 2024, as against 6142 units registered in April 2023.
As per a regulatory filing, the LD trucks and LMD trucks (3.5–18.5 18.5 tonnes) category witnessed a 24.8% drop to 2,264 units in April 2024 from 3011 units during the similar period in the previous year.
The heavy-duty trucks (over 18.5 tonnes) reported 1,263 units in April this year, which translates to 20.6% as against 1,590 units in April of last year.
The light and medium duty bus contributed 1,253 unit wholesales in April 2024, a 14.2% drop when compared with 1,461 units in April 2023. The heavy-duty bus, on the other hand, witnessed a 47.5% jump to 118 units as against 80 units in April 2023.
RELATED ARTICLES
Motherson and Marelli Inaugurate Automotive Lighting Plant in Sanand
Shruti Shiraguppi
23 Feb 2026
The facility is the first in India capable of manufacturing edge-to-edge single-piece long lighting parts.
Nissan Motor India Offers 5.55% ROI Finance on Magnite Until March 2026
Shruti Shiraguppi
23 Feb 2026
Scheme through NRFSI covers up to 100% on-road funding with loan tenures of up to seven years.
BorgWarner Secures European OEM Contract for Hybrid Range-Extended Vehicle Drive Module
Sarthak Mahajan
23 Feb 2026
The automotive supplier will deliver an 800V Integrated Drive Module combining generator and propulsion functions into a...
