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VE Commercial Vehicles sells 6154 units in December 2021

VE Commercial Vehicles sells 6154 units in December 2021

VE Commercial Vehicles (A Volvo Group and Eicher Motors joint venture) has recorded sales of 6154 units in December 2021 (YTD 36984 units) as compared to 4892 units in December 2020 (LYTD 23098), recording growth of 25.8% (YTD growth 60.1 %). This includes 6002 units of Eicher brand and 152 units of Volvo brand.

The key highlights for December 2021 are

  • Eicher branded trucks & buses have recorded sales of 6002 units in December 2021 (YTD 36173 units), as compared to 4687 units in December 2020 (LYTD 22464 units), representing a growth of 28.1% (YTD growth of 61.0%).
  • In the domestic CV market, Eicher branded trucks & buses have recorded sales of 5192 units in December 2021 (YTD 29853 units) as compared to 4069 units in December 2020 (LYTD 19320), representing a growth of 27.6% (YTD growth of 54.5%).
  • On the Exports front, Eicher branded trucks & buses have recorded sales of 810 units in December 2021 (YTD 6320 units) as compared to 618 units in December 2020 (LYTD 3144 units), representing a growth of 31.1% (YTD growth of 101.0%).
  • Volvo Trucks and Volvo Buses have recorded sales of 152 units in December 2021 (YTD 811 units) as compared to 205 units in December 2020 (LYTD 634 units), representing a decline of 25.9% (YTD growth of 27.9%).

 




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