VE Commercial Vehicles Ltd. (A Volvo Group and Eicher Motors joint venture) recorded sales of 6622 units in July 2024, as compared to 5877 units in July 2023, a growth of 12.7% This includes 6444 units of Eicher brand and 178 units of Volvo brand, the company stated in a statement.
Elaborating further, the company informed that Eicher branded trucks and buses recorded sales of 6444 units in July 2024, as compared to 5736 units in July 2023 representing a growth of 12.3%.
In the domestic CV market, the Eicher branded trucks and buses recorded sales of 6044 units in July 2024, as compared to 5311 units in July 2023, representing a growth of 13.8%.
Additionally, on the Exports front, Eicher branded trucks & buses recorded sales of 400 units in July 2024 as compared to 425 units in July 2023, representing a decline of 5.9%.
Also, Volvo Trucks and Volvo Buses recorded sales of 178 units in July 2024 as compared to 141 units in July 2023, representing a growth of 26.2%, the statement added.