Monthly Update1 Apr 2025, 06:57 pm
Eicher Motors Subsidiary, VE Commercial Vehicles, Reports 76% YoY Sales Volume Growth in March 2025
AI Summary
Eicher Motors Ltd. has released the monthly business updates for its subsidiary, VE Commercial Vehicles (VECV), for March 2025. VECV reported a significant 76% year-over-year growth in sales volume, reaching 90,161 units compared to 85,560 units in March 2024. This growth was driven by a 6.3% increase in domestic sales and a 48.6% surge in exports. The domestic business segment saw growth in all categories, with the Light & Medium Duty (LMD) Truck segment reporting a 3% increase and the Heavy Duty (HD) segment reporting a 39% increase. The Light & Medium Duty (LVD) Bus segment also saw a substantial 232% increase in units sold. Exports saw a notable increase, with Eicher branded vehicles up by 32.8%.
Key Highlights
- VE Commercial Vehicles reports 76% YoY sales volume growth in March 2025.
- Domestic sales increase by 6.3% compared to March 2024.
- Exports see a significant surge of 48.6% YoY.
- LMD Truck segment reports 3% growth, HD segment reports 39% growth, and LVD Bus segment reports 232% growth in domestic sales.
- Eicher branded vehicles in the export segment increase by 32.8%.