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VECV Truck Sales January 2023 Hiked By 26.01% in Domestic Market

News Date 02 Feb 2023

VECV Truck Sales January 2023 Hiked By 26.01% in Domestic Market

The brand Volvo functions in partnership with Eicher Motors in India to manufacture its commercial vehicles. Volvo Eicher Commercial Vehicle Truck Sales Report January 2023 reveals a remarkable total sales growth of 11.22%. 

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

For Volvo Eicher Commercial Vehicle (VECV), the January 2023 total truck sales were recorded at 5,577 units, as compared to 5,014 units in January 2022. It leads to an overall sales growth of 11.22%. Eicher Truck Sales Report January 2023 witnesses the CV sales of 5,388 units showing an excellent growth of 9.84% as the 4,905 units were sold in January last year. 

In the LMD (3.5T-15T) segment, Eicher Motors Truck Sales figures January 2023 show a 13% hike in its sales, with 3,599 units sold in January 2023, as compared to 3,184 units in January 2022. However, for the Heavy Duty (HD) segment, a remarkable sales growth of 68.40% was recorded, with sales of 1,642 units in January 2023 compared to 975 units in January 2022.

VECV Export Truck Sales Data January 2023 Highlights 

In January 2023, the VECV export truck sales data 2023 shows a significant decline of 80.29% for Eicher Motors. Low and Medium Duty (LMD) vehicles saw a sales decline of 81.40%, as the units sold in January 2023 were 110, whereas the units sold for January 2022 were 592. The Heavy Duty segment also observed a sales decline of 76.00% as it sold 37 units in January 2023, as compared to 154 units sold in January 2022. 

Overall the Eicher Motors export truck sales data January 2023 witnessed the selling of only 147 units in January 2023, compared to 746 units sold in January 2022.

VECV sales report 2023 January saw a great Volvo sales growth of 73.40%, with 189 Volvo sales in January 2023, compared to 109 units in January 2022. 

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