VECV Sales Report February 2025: 5,674 Units Sold; Sales Grew By 2.68%

Key Highlights:

• VECV saw a 2.68% growth in sales, selling 5,674 units in February 2025.
• Eicher Trucks recorded a 2.67% growth in sales, with 5,491 units sold in February 2025.
• The LD & LMD segment in Eicher Trucks saw a 6.90% increase, while the Heavy Duty segment saw a 9.80% decline in sales.
• Eicher Truck exports sales grew by 46.48%, with 312 units sold in February 2025.
• Volvo Trucks experienced a 2.80% sales increase, selling 183 units in February 2025.

In February 2025, VECV, a prominent player in India's commercial vehicle market, witnessed a growth of 2.68% in its sales. The company, known for its diversified portfolio of trucks and buses, sold a total of 5,674 units in February 2025, compared to 5,526 units in February 2024. VECV, a joint venture between the Volvo Group and Eicher Motors, has emerged as a key player in India's commercial vehicle market.

Eicher Records 2.67% growth in CV Sales

Eicher Trucks, a subsidiary of VECV, experienced a 2.67% year-on-year growth in its commercial vehicle sales in February 2025. The company sold a total of 5,491 units in February 2025, compared to 5,348 units sold in February 2024.

Segment-Wise Sales Performance

Eicher Truck Domestic Sales Results

LD & LMD Segment (3.5-18.5T) Trucks: Sales in this segment experienced a growth of 6.90%, with 3,500 units sold in February 2025 compared to 3,274 units in February 2024.

Heavy Duty Segment: Sales in this segment experienced a decline of 9.80%, with 1,679 units sold in February 2025 compared to 1,861 units in February 2024.

Eicher Truck Exports Sales Report

LMD Segment: Export sales in this segment increased by 62.80%, with 298 units sold in February 2025 compared to 183 units in February 2024.

Heavy Duty Segment: Export sales in the heavy-duty segment witnessed a decline of 53.30%, with 14 units sold in February 2025 compared to 30 units in February 2024.

Export Eicher Truck Sales increased by 46.48% in February 2025

Eicher truck export sales increased by 46.48% in February 2025, with 312 units sold compared to 213 units in February 2024.

Volvo sales increased by 2.80% in February 2025

Volvo Trucks reported a growth in sales by 2.80%, selling 183 units in February 2025 compared to 178 units in February 2024.

Also Read: VECV Sales Report January 2025: 6,295 Units Sold; Sales Grew By 18.17%

CMV360 Says

The sales growth reported by VECV in February 2025 shows positive momentum, especially with the increase in exports and sales in the LD & LMD segments. However, the decline in the heavy-duty segment highlights that there are challenges in certain segments and need to work upon them.