VECV Truck Sales Surged by 5.15% in September 2023


By Priya Singh

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Updated On: 04-Oct-2023 10:56 AM


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According to the VECV Sales Report 2023, Volvo sales increased by 75.19% in September 2023. In September 2023, 233 units were sold, compared to 133 units in September 2022.

VECV export truck sales figures for September 2023 show a 48.32% fall in sales. Light and Medium Duty (LMD) vehicles segment saw a 43.70% decrease in sales. Heavy Duty segment experienced a 66.66% decrease in sales.

VE Commercial Vehicles (VECV) has reported a 5.15% surge in truck sales for September 2023. This achievement highlights the company's consistent commitment to excellence and its ability to adapt to the challenges of the commercial vehicle industry.

VECV, a joint venture between the Volvo Group and Eicher Motors, has emerged as a key player in India's commercial vehicle market. The company's emphasis on understanding and meeting customer needs has resulted in strong customer loyalty and repeat business. VECV's dealer network ensures a seamless buying experience for customers across the country.

VECV Domestic Truck Sales Data

In September 2023, VECV Truck reported a domestic sale of a total of 5,672 units as compared to 5,286 units in September 2022. In conclusion, the VECV truck sales in September show a 7.30% increase in sales in India.

Total Eicher truck sales in September 2023 were 5,872 units, up from 5,673 units in September 2022. It generates a 3.51% increase in overall sales of Eicher commercial vehicles.

Eicher Motors Truck Sales Figures for September 2023 show a 5.65% increase in sales for the LMD segment (3.5-18.5T). In September 2023, the brand sold 3,817 units, compared to 3,613 units sold in September 2022.

The heavy-duty (HD) segment saw a 10.88% increase in sales. It sold 1,855 units in September 2023, up from 1,673 units in September 2022.

Also Read: VECV Truck Sales Soar with a Remarkable 33.70% Surge in August 2023, Setting New Records

VECV Export Truck Sales Data

VECV export truck sales figures for September 2023 show a 48.32% decline in sales. Light and Medium Duty (LMD) vehicles segment saw a 43.70% decrease in sales. Heavy Duty segment experienced a 66.66% decrease in sales.

For the Low & Medium duty category, the company sold 174 units In September 2023 compared to 309 units in September 2022. For the Heavy-duty segment, the company exported 26 CV units in September 2023 compared to 78 in September 2022.

According to the VECV Sales Report 2023, Volvo sales increased by 75.19% in September 2023. In September 2023, 233 units were sold, compared to 133 units in September 2022. In the September 2023 VECV sales report, a total of 6,105 units were sold, compared to 5,806 in September 2022.

VECV's growth momentum is likely to continue in the coming months. In conclusion, VECV's outstanding 5.15% surge in truck sales for September 2023 is a testament to its innovation and commitment to meeting the evolving needs of the commercial vehicle market.