VECV Sales Report May 2025: 5,264 Units Sold; Sales Grew by 7.25%

Key Highlights:

• VECV sold 5,264 units in May 2025, showing a 7.25% growth compared to 4,908 units in May 2024.
• Eicher’s total sales rose by 8.34%, reaching 5,120 units in May 2025..
• Domestic sales of light and medium-duty trucks grew by 15.20%, while heavy-duty truck sales dropped by 8.13%.
• Export sales saw a 35.46% rise, with heavy-duty truck exports increasing sharply by 520%.
• Volvo sales declined by 20.90%, with only 144 units sold in May 2025 compared to 182 units in May 2024.

In May 2025, VECV, a prominent player in India's commercial vehicle market, witnessed a growth of 7.25% in its sales. The company, known for its diverse portfolio oftrucks and buses, sold a total of 5,264 units in May 2025 compared to 4,908 units in May 2024.

Eicher CV Sales in May 2025

For May 2025, Eicher sold a total of 5,120 units. In May 2024, the company sold 4,726 units. This shows a growth of 8.34% compared to May 2024.

Eicher Truck Domestic Sales Results

​In May 2025, sales of Light Duty (LD) and Light-Medium Duty (LMD) trucks increased. A total of 3,236 units were sold compared to 2,809 units in May 2024. This shows a growth of 15.20%.

Sales of heavy-duty (HD) trucks (18.5 tonnes and above) went down. Only 1,502 units were sold in May 2025, compared to 1,635 units in May 2024. This depicts a drop of 8.13%.

The total domestic truck sales in May 2025 stood at 4,738 units. In May 2024, the total was 4,444 units. This is an overall growth of 6.62%.

Eicher Truck Exports Results

In May 2025, Light and Medium Duty (L&M duty) truck exports increased to 289 units, compared to 267 units in May 2024. This depicts a growth of 8.24%.

Heavy-duty truck exports saw a major rise. 93 units were exported in May 2025, while only 15 units were exported in May 2024. This marks a sharp growth of 520%.

The total truck exports in May 2025 reached 382 units, up from 282 units in May 2024. This shows a growth of 35.46%.

Volvo sales decreased by 20.90% in May 2025

In May 2025, Volvo Trucks and Buses recorded total sales of 144 units, compared to 182 units in May 2024. This reflects a decline of 20.90% compared to May 2024.

The overall sales for VECV reached 5,264 units in May 2025, compared to 4,908 units in May 2024. This shows a total growth of 7.25% compared to May 2024.

About VE Commercial Vehicles Limited

VE Commercial Vehicles Limited (VECV) is a joint venture between Volvo Group and Eicher Motors, operating since December 2008. It offers a wide range of Eicher trucks and buses, Volvo Buses, and handles the distribution of Volvo Trucks in India. The company also manufactures and exports engines for Volvo Group and operates in the non-automotive engine and component business. 

Also Read: VECV Sales Report April 2025: 6,846 Units Sold; Sales Grew by 27.3%

CMV360 Says

Eicher’s strong growth in both domestic and export sales, especially in light and medium-duty trucks, shows steady demand in the market. The sharp rise in Eicher heavy-duty exports is a positive sign. However, the decline in Volvo sales highlights some pressure in the premium segment. Overall, VECV’s performance in May 2025 reflects progress, driven mainly by Eicher’s consistent gains.