VEVC Truck's total sales increased by 11.22% year on year.

Volvo Trucks and Volvo Buses sold 189 units in January 2023, up from 109 units in January 2022, representing a 73.4% increase.

Volvo manufactures its commercial vehicles in collaboration with Eicher Motors in India. VE Commercial Vehicles Ltd. sold 7181 units in January 2023, up from 5434 units in January 2022. This includes 6992 Eicher brand vehicles and 189 Volvo brand vehicles. It depicts a remarkable growth of 32.1%.

Eicher Domestic Sales

Eicher Motors' Truck Sales registered gross sales of 5,241 units in the CV domestic market in January 2023, compared to gross sales of 4,159 units in January 2022. In India, this VECV Truck Sales Data 2023 for January shows a 26.01% sales growth.

• The LMD segment experienced a remarkable 13% sales growth, with sales of 3,599 units in January 2023, compared to 3,184 units in January 2022.
• The Heavy Duty (HD) segment experienced a remarkable 68.40% sales growth, with sales of 1,642 units in January 2023 compared to 975 units in January 2022.

Eicher Export sales

In terms of exports, Eicher branded trucks and buses sold 201 units in January 2023, compared to 802 units in January 2022, representing a 74.9% decrease.

Volvo Trucks and Buses Sales

Volvo Trucks and Volvo Buses sold 189 units in January 2023, up from 109 units in January 2022, representing a 73.4% increase.

About VE Commercial Vehicles Limited (VECV):

The Volvo Group and Eicher Motors Limited have partnered to form VE Commercial Vehicles Limited (VECV). The company, which has been in operation since July 2008, includes the full range of Eicher branded trucks and buses, the exclusive distribution of Volvo Trucks in India, engine manufacturing and exports for the Volvo Group, nonautomotive engines, and the Eicher component business. Today, VECV is recognized as an industry leader in modernizing commercial transportation in India and the developing world as a multi-brand, multi-division company backed by innovative products and services.