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VE Sells 5194 CV Units In November 2023

VE Commercial Vehicles saw a 5.9 per cent growth in sales in November 2023, with Eicher-branded trucks and buses selling 4989 units, while Volvo Trucks and Volvo Busesee sold 205 units

Photo Credit : Reuters,

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motor, recorded sales of 5194 units in November 2023, compared to 4903 units in November 2022, recording a growth of 5.9 per cent. This includes 4989 units of the Eicher brand and 205 units of the Volvo brand.

key highlights for November 2023:

  • Eicher-branded trucks and buses sold 4989 units in November 2023, up from 4720 units in November 2022, representing a 5.5 per cent increase.

  • In the domestic CV market, Eicher-branded trucks and buses recorded sales of 4686 units in November 2023 as compared to 4483 units in November 2022, representing a growth of 4.5 per cent.

  • On the export front, Eicher-branded trucks and buses recorded sales of 303 units in November 2023 as compared to 237 units in November 2022, representing a growth of 27.8 per cent.

  • Volvo Trucks and Volvo Busesee recorded sales of 205 units in November 2023 as compared to 183 units in November 2022, representing a growth of 12.0 per cent.


Tags assigned to this article:
volvo eicher sales growth

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