VE Commercial Vehicles Ltd. (A Volvo Group and Eicher Motors joint venture) recorded sales of 11906 units in March 2023 as compared to 8803 units in March 2022 recording a growth of 35.2 per cent. This includes 11677 units of Eicher brand and 229 units of Volvo brand.
Following are the key highlights for March 2023:
- Eicher branded trucks and buses have recorded sales of 11677 units in March 2023 as compared to 8581 units in March 2022 representing a growth of 36.1 per cent.
- In the domestic CV market, Eicher branded trucks and buses have recorded sales of 11263 units in March 2023 as compared to 7929 units in March 2022, representing a growth of 42 per cent.
- On the exports front, Eicher branded trucks and buses have recorded sales of 414 units in March 2023 as compared to 652 units in March 2022, representing a decline of 36.5 per cent.
- Volvo Trucks and Volvo Buses have recorded sales of 229 units in March 2023 as compared to 222 units in March 2022, representing a growth of 3.2 per cent.