VE Commercial Vehicles Ltd Sales Report for March: India

VE Commercial Vehicles Ltd, a Volvo group and Eicher Motors Joint Venture has released the sales numbers for March’24 and also a comparison of the performance with March’23. The report includes March’24 sales numbers of VOLVO and Eicher Motors individually and their comparison with March’23 along with bifurcation of domestic and export numbers for Eicher Motors during the same timeline. 

The data shown represents units sold from OEM to dealers only. 

VE Commercial Vehicles Ltd Sales Report: March’23 Vs March’24 

VE Commercial Vehicles Ltd sold 11,242 units in March’24, a decline of 5.57% from March’23 numbers. Eicher Motors saw a decline of 5.91% and VOLVO saw a growth of 11.79% in March’24 compared to March’23. 

Eicher Motors Domestic & Export Sales Report: March’23 Vs March’24

Eicher Motors sold 10,986 units in Mar’24 compared to 11,263 units in Mar’23, a decline of 6.55%. The domestic sales stood at 10,525 in Mar’24, a decline of 738 units compared to Mar’23. However, the exports saw a growth of 11.35% in FY 24 compared to FY 23.