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VECV Truck Sales Report March 2023 Observed 18.72% Sales Growth

News Date 03 Apr 2023

VECV Truck Sales Report March 2023 Observed 18.72% Sales Growth

Volvo Eicher Commercial Vehicle Truck Sales March 2023 Saw 9,088 Units Sold

Volvo Trucks brand runs in partnership with Eicher Motors to manufacture its commercial vehicles in India. Truck Sales Statistics 2023 of Eicher Motors and Volvo was released for the month of March recently. It reveals a significant sales growth of 18.72%. In the previous month of February, they witnessed 4.60% sales hike.  

In March 2023, Truck Sales Statistics of Eicher Motors registered gross sales of 8,859 units compared to the 7,433 units in March 2022. Eicher Motors Truck Sales Figures March 2023 show a 19.18% sales growth in India.

For Volvo Eicher Commercial Vehicle (VECV), the March 2023 sales report saw 9,088 units, as compared to 7,655 units in March 2022. It leads to an overall sales growth of 18.72%. Eicher Truck Sales Report March 2023 recorded sales of 8,568 units showing significant growth of 24.65% in the domestic market. This observed 6874 units sold in March last year. 

In the LMD category (3.5 Tonnes - 15 Tonnes), Eicher Motors Truck Sales figures March 2023 show a 15.60% growth in its sales. This highlighted 5,625 units sold in March 2023, as compared to 4,868 units in March 2022. In the Heavy Duty (HD) category, 46.70% sales growth was recorded, with 2,943 units sold in March 2023 compared to 2,006 in March 2022.

VECV Export Truck Sales Data March 2023 Highlights 

In March 2023, the VECV export truck sales data 2023 shows a great downfall of 47.94% for Eicher Motors company. LMD (Low and Medium Duty) vehicles experienced a sales decline of 49.40%. It sold only 179 LMD units in March 2023 and 354 units in March 2022. The Heavy Duty category also experienced a sales decline of 45.40%. It sold only 112 HD units in March 2023, as compared to 205 units in March 2022. 

However, Eicher Motors export truck sales data March 2023 witnessed the sale of 291 units compared to 559 units in March 2022.

VECV sales report 2023 March saw a slight Volvo sales growth of 3.20%. Total Volvo sales in March 2023 were 229 compared to 222 units in March 2022. 

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