VE Commercial Vehicles sells 6715 units in June 2023
ROADS & HIGHWAYS

VE Commercial Vehicles sells 6715 units in June 2023

VE Commercial Vehicles, a Volvo Group and Eicher Motors joint venture, has recorded sales of 6715 units in June 2023 as compared to 6307 units in June 2022 recording a growth of 6.5%. This includes 6527 units of Eicher brand and 188 units of Volvo brand.

Following are the key highlights for June 2023:

  • Eicher branded trucks & buses have recorded sales of 6527 units in June 2023 as compared to 6185 units in June 2022 representing a growth of 5.5%.
  • In the domestic CV market, Eicher branded trucks & buses have recorded sales of 6277 units in June 2023 as compared to 5584 units in June 2022, representing a growth of 12.4%.
  • On the exports front, Eicher branded trucks and buses have recorded sales of 250 units in June 2023 as compared to 601 units in June 2022, representing a decline of 58.4%. Volvo Trucks and Volvo Buses have recorded sales of 188 units in June 2023 as compared to 122 units in June 2022, representing a growth of 54.1%.

    VE Commercial Vehicles, a Volvo Group and Eicher Motors joint venture, has recorded sales of 6715 units in June 2023 as compared to 6307 units in June 2022 recording a growth of 6.5%. This includes 6527 units of Eicher brand and 188 units of Volvo brand. Following are the key highlights for June 2023: Eicher branded trucks & buses have recorded sales of 6527 units in June 2023 as compared to 6185 units in June 2022 representing a growth of 5.5%. In the domestic CV market, Eicher branded trucks & buses have recorded sales of 6277 units in June 2023 as compared to 5584 units in June 2022, representing a growth of 12.4%. On the exports front, Eicher branded trucks and buses have recorded sales of 250 units in June 2023 as compared to 601 units in June 2022, representing a decline of 58.4%. Volvo Trucks and Volvo Buses have recorded sales of 188 units in June 2023 as compared to 122 units in June 2022, representing a growth of 54.1%.

    Related Stories

    Gold Stories

    Next Story
    Resources

    Schindler named among Forbes’ World’s Best Employers 2026

    Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

    Next Story
    Infrastructure Urban

    India needs an export-execution mindset: Vishesh Jain

    Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

    Next Story
    Building Material

    Nuvoco reports 13.5% revenue growth in Q2 FY27

    Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

    Advertisement

    Subscribe to Our Newsletter

    Get daily newsletters around different themes from Construction world.

    STAY CONNECTED

    Advertisement

    SPECIAL OFFER
    QR Code