VE Commercial Vehicles Ltd, a joint venture between the Volvo Group and Eicher Motors Limited, recorded sales of 5,964 units in July 2018 as compared to 4,363 units in July 2017, recording a growth of 36.7 per cent. This includes 5,916 units of Eicher brand and 48 units of Volvo brand.

The company which is in operation since July 2008 includes the complete range of Eicher branded trucks and buses, VE Powertrain, Eicher’s components businesses as well as the sales and distribution business of Volvo trucks within India.

The key highlights of the sales in July 2018 include:
• Eicher branded trucks and buses have recorded sales of 5,916 units in the month of July 2018 (YTD 2,2045 units) as compared to 4,320 units in July 2017
(LYTD 15,821 units), representing a growth of
36.9 per cent.
• In the domestic commercial vehicles (CV) market, Eicher branded trucks and buses have recorded sales of 5,158 units in July 2018 (YTD 19,312 units) as compared to 3,718 units in July 2017 (LYTD 13,631 units) representing a growth of 38.7 per cent.
• On the exports front, Eicher branded trucks and buses have recorded sales of 758 units in July 2018 (YTD 2,733 units) as compared to 602 units in July 2017 (LYTD 2,190 units), representing a growth of 25.9 per cent.
• Volvo Trucks has recorded sales of 48 units in July 2018 (YTD 246 units) as compared to 43 units in July 2017 (LYTD 125 units), representing a growth of over 11.6 per cent.