VE Commercial Vehicles sells 7609 units in September 2024
ECONOMY & POLICY

VE Commercial Vehicles sells 7609 units in September 2024

VE Commercial Vehicles Ltd. (A Volvo Group and Eicher Motors joint venture) recorded sales of 7609 units in September 2024 as compared to 7198 units in September 2023, a growth of 5.7%. This includes 7322 units of Eicher brand and 287 units of Volvo brand.

Following are details for September 2024: Eicher branded trucks & buses have recorded sales of 7322 units in September 2024 as compared to 6965 units in September 2023 representing a growth of 5.1%. In the domestic CV market, Eicher branded trucks & buses have recorded sales of 6847 units in September 2024 as compared to 6715 units in September 2023, representing a growth of 2.0%. On the Exports front, Eicher branded trucks & buses recorded sales of 475 units in September 2024 as compared to 250 units in September 2023, representing a growth of 90 %. Volvo Trucks and Volvo Buses recorded sales of 287 units in September 2024 as compared to 233 units in September 2023, representing a growth of 23.2%.

VE Commercial Vehicles (VECV) is a joint venture between the Volvo Group and Eicher Motors Limited. In operation since December 2008, the company includes the complete range of Eicher branded trucks and buses, Volvo Buses, exclusive distribution of Volvo Trucks in India, engine manufacturing and exports for Volvo Group, non-automotive engines and Eicher component business. A multi-brand, multi-division company, backed by innovative products & services, VECV today, is recognised as an industry leader for modernizing commercial transportation in India and developing world.

VE Commercial Vehicles Ltd. (A Volvo Group and Eicher Motors joint venture) recorded sales of 7609 units in September 2024 as compared to 7198 units in September 2023, a growth of 5.7%. This includes 7322 units of Eicher brand and 287 units of Volvo brand. Following are details for September 2024: Eicher branded trucks & buses have recorded sales of 7322 units in September 2024 as compared to 6965 units in September 2023 representing a growth of 5.1%. In the domestic CV market, Eicher branded trucks & buses have recorded sales of 6847 units in September 2024 as compared to 6715 units in September 2023, representing a growth of 2.0%. On the Exports front, Eicher branded trucks & buses recorded sales of 475 units in September 2024 as compared to 250 units in September 2023, representing a growth of 90 %. Volvo Trucks and Volvo Buses recorded sales of 287 units in September 2024 as compared to 233 units in September 2023, representing a growth of 23.2%. VE Commercial Vehicles (VECV) is a joint venture between the Volvo Group and Eicher Motors Limited. In operation since December 2008, the company includes the complete range of Eicher branded trucks and buses, Volvo Buses, exclusive distribution of Volvo Trucks in India, engine manufacturing and exports for Volvo Group, non-automotive engines and Eicher component business. A multi-brand, multi-division company, backed by innovative products & services, VECV today, is recognised as an industry leader for modernizing commercial transportation in India and developing world.

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?