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Updated On: 02-Mar-2026 07:24 AM
VECV reports 9,986 unit sales in February 2026, marking 23.4% growth. Eicher domestic sales rise strongly, while Volvo Trucks and Buses record steady performance in the premium segment.
Total sales reached 9,986 units in February 2026.
Overall growth stood at 23.4% year-on-year.
The Eicher brand recorded 23.5% growth.
Domestic Eicher sales grew 24.6%.
Volvo Trucks & Buses sales increased 20.2%.
VE Commercial Vehicles Ltd. (VECV), a joint venture between Volvo Group and Eicher Motors, reported a strong sales performance in February 2026. The company sold 9,986 units during the month, compared to 8,092 units in February 2025, registering a 23.4% year-on-year growth.
The total sales include 9,766 units from the Eicher brand and 220 units from the Volvo brand, showing steady growth across segments.
Segment | February 2026 | February 2025 | Growth |
Total VECV Sales | 9,986 | 8,092 | 23.4% |
Eicher Brand | 9,766 | 7,909 | 23.5% |
Volvo Brand | 220 | 183 | 20.2% |
The company’s performance was supported by strong domestic demand and steady export growth.
Eicher trucks and Eicher buses recorded 9,766 units in February 2026, compared to 7,909 units in the same month last year, showing a 23.5% growth.
Domestic Market Performance
In the domestic commercial vehicle (CV) market, Eicher recorded 9,165 units in February 2026, compared to 7,357 units in February 2025. This reflects a 24.6% growth, driven by strong demand across various truck and bus segments.
Segment | February 2026 | February 2025 | Growth |
Domestic Eicher Sales | 9,165 | 7,357 | 24.6% |
On the export front, VECV recorded 601 units in February 2026, compared to 552 units in February 2025, registering an 8.9% growth.
Segment | February 2026 | February 2025 | Growth |
Total Exports | 601 | 552 | 8.9% |
The export growth indicates improving demand in international markets.
Volvo Trucks and Volvo Buses recorded 220 units in February 2026, compared to 183 units in February 2025. This represents a 20.2% growth.
Segment | February 2026 | February 2025 | Growth |
Volvo Trucks & Buses | 220 | 183 | 20.2% |
Volvo continued to maintain stable performance in the premium heavy-duty truck and bus segment.
With total sales of 9,986 units, VE Commercial Vehicles maintained strong growth in February 2026. The company benefited from solid domestic demand, improved exports, and steady performance from both Eicher and Volvo brands.
The 23.4% overall growth shows positive momentum in the commercial vehicle sector, reflecting strong market confidence and increasing transportation demand across India and export markets.
Also Read: Tata Motors Records 42,940 Commercial Vehicle Sales in February 2026
VE Commercial Vehicles Ltd. delivered a strong performance in February 2026 with 23.4% overall growth, driven by solid domestic demand and steady export improvement. Eicher-branded trucks and buses led the growth momentum, while Volvo trucks and buses maintained stable performance in the premium segment. The company’s consistent expansion highlights rising commercial vehicle demand and strengthening market confidence across India and global markets.