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VE Commercial Vehicles sells 6622 units in July 2024.
Date: August 2, 2024
Pune- VE Commercial Vehicles Ltd., a joint venture between Volvo Group and Eicher Motors, reported sales of 6,622 units in July 2024, up 12.7% from 5,877 units in July 2023. This total comprises 6,444 units of Eicher brand and 178 units of Volvo brand.
Eicher-branded trucks and buses saw sales of 6,444 units in July 2024, marking a 12.3% increase from 5,736 units in July 2023. Within the domestic commercial vehicle market, Eicher's sales reached 6,044 units, reflecting a 13.8% growth from 5,311 units in July 2023. However, exports of Eicher-branded trucks and buses declined by 5.9%, with 400 units sold in July 2024 compared to 425 units in July 2023.
Volvo Trucks and Volvo Buses experienced a significant increase in sales, reaching 178 units in July 2024, up 26.2% from 141 units in July 2023.
Race Auto India is a B2B publication that offers insightful analysis on the latest news, views, and trends in the automotive industry and its associated sectors. With over 10 years of experience in the field of Commercial Vehicles, Logistics, and Market Research, the team at Race Auto India comprises distinguished experts who have a proven track record of delivering high-quality researched content.
