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VE Commercial Vehicles sells 5977 units in May 2018, recording a growth of 30.7%

VE Commercial Vehicles sells 5977 units in May 2018, recording a growth of 30.7%

VE Commercial Vehicles (A Volvo Group and Eicher Motors joint venture) recorded sales of 5977 units in May 2018 as compared to 4573 units in May 2017, recording a growth of 30.7%. This includes 5874 units of Eicher brand and 103 units of Volvo brand. The key highlights for May 2018 are: 
  • Eicher branded trucks & buses have recorded sales of 5874 units in May 2018 (YTD 9813 units) as compared to 4539 units in May 2017 (LYTD 7616 units), representing a growth of 29.4%. In the domestic CV market.
     
  • Eicher branded trucks & buses have recorded sales of 5268 units May 2018 (YTD 8657 units) as compared to 3953 units in May 2017 (LYTD 6531 units) representing a growth of 33.3%. 
     
  • On the Exports front, Eicher branded trucks & buses have recorded sales of 606 units in May 2018 (YTD 1156 units) as compared to 586 units in May 2017 (LYTD 1085 units), representing a growth of 3.4%. 
     
  • Volvo Trucks has recorded sales of 103 units in May 2018 (YTD 123 units) as compared to 34 units in May 2017 (LYTD 46 units), representing a growth of over 202%.
 
 
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