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03 Oct 2023
Automobile

VECV Truck Sales Rose by 5.15% in September 2023: Sold 6105 CV units

By News Date 03 Oct 2023

VECV Truck Sales Rose by 5.15% in September 2023: Sold 6105 CV units

Eicher Trucks sold 5,672 units of Commercial vehicles, with an increase of 7.30% in the September Y-O-Y sales. 

VECV, the joint venture of Volvo Trucks and Eicher Trucks, has experienced a hike in their Commercial Vehicle Sales. The VECV sold 5672 units of CV in September 2023 against the 5286 units in September 2022. As a result, the brand closed the month with 7.3% growth in September Y-o-Y sales.

The total sales of Eicher Commercial Vehicles in September 2023 were 5872 units, which was 5673 units in September 2022. This resulted in a growth of 3.51% overall, including Domestic and International sales. 

The LMD (3.5-15T) segment sold 3817 CV units in September 2023, which closed with 3613 CV units in September 2022. It resulted in a 5.65% growth in sales. On the contrary, the Heavy Duty segment grew by 10.88% in sales. This segment sold 1855 units of Commercial Vehicles against the 1673 units of last September.

The sales of Volvo trucks took a giant leap, experiencing a growth of 75.19%. The sold units of this brand were 133 in September 2022, which ended September 2023 with 233 sold units.

Explore VECV Export Truck Sales Data September 2023

 VECV Export Truck Sales Data September 2023

The export Eicher Truck sales data for September 2023 shows a decline of 48.32%. The LMD segment completed sales of 174 CV units in September 2023 against the 309 CV units of September 2022.

On the other hand, the HD or heavy-duty segment of the brand also experienced a drop in sales. The segment sold 26 units of CV in exports in September 2023, which was 78 units in the same month last year. It resulted in a 66.66% fall in sales.

The exports Eicher Truck Sales statistics for September 2023 showed sales of 200 CV units, against the 387 units in September 2023. The sales dropped by 48.32% in September Y-o-Y. 
In the overall VECV sales report for September 2023, 4,565 units were sold, compared to 4,525 in July 2022.

VECV, the joint venture between Volvo Trucks and Eicher Trucks, sold 6105 CV units in September 2023. The brand recorded a growth of 5.15% as the units sold in September 2022 were 5806.

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