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VECV Sales Rise 3.7% in December 2024

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By Rediff Money Desk, New Delhi   Jan 01, 2025 15:54

VE Commercial Vehicles (VECV) reported a 3.7% increase in sales to 8,324 units in December 2024, driven by strong domestic and export performance.
VECV Sales Rise 3.7% in December 2024
New Delhi, Jan 1 (PTI) Eicher Motors Ltd on Wednesday said its arm VE Commercial Vehicles Ltd posted a 3.7 per cent rise in total sales at 8,324 units in December 2024 as compared to the same month previous year.

VE Commercial Vehicles (VECV), a joint venture of the Volvo Group and Eicher Motors, had sold 8,026 units in December 2023, Eicher Motors said in a regulatory filing

December 2024 sales included 8,035 units of the Eicher brand and 289 units of the Volvo brand, it added.

In the domestic commercial vehicles market, Eicher-branded trucks and buses recorded sales of 7,545 units last month as compared to 7,468 units in December 2023, up 1 per cent.

Exports of Eicher branded trucks and buses were up 52.6 per cent at 490 units as compared to 321 units in December 2023, it added.
Source: PTI
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