Monthly Update1 Jun 2025, 11:30 am
Eicher Motors Subsidiary, VE Commercial Vehicles, Reports 7.2% Domestic Sales Growth in May 2025
AI Summary
Eicher Motors Ltd. has released the monthly business updates for its subsidiary, VE Commercial Vehicles Limited (VECV), for May 2025. The updates indicate a 7.2% growth in domestic sales volume compared to May 2024. The total sales volume for VECV, including electric vehicles (EVs), stands at 14,248 units, representing a 16.2% growth compared to the same period last year. The domestic sales of Eicher SCV/LMD trucks and HD trucks have seen a slight decrease, while LMD and HD buses have shown positive growth. Exports have also increased by 20.7% and 24.6% for LMD and HD categories, respectively.
Key Highlights
- 7.2% growth in domestic sales volume for VECV compared to May 2024.
- 16.2% increase in total sales volume for VECV, including EVs, compared to the same period last year.
- Slight decrease in domestic sales of Eicher SCV/LMD trucks and HD trucks.
- Positive growth in domestic sales of LMD and HD buses.
- 20.7% and 24.6% increase in exports for LMD and HD categories, respectively.