VE Commercial Vehicles Report Strong February Performance

VE Commercial Vehicles Report Strong February Performance.webp

New Delhi, March 2 VE Commercial Vehicles Ltd on Monday reported a 23.4 per cent increase in total sales at 9,986 units in February 2026, compared to the same month last year.

VE Commercial Vehicles (VECV), a joint venture between the Volvo Group and Eicher Motors, had sold 8,092 units in February 2025, the company stated in a press release.

The February 2025 sales included 9,766 units of the Eicher brand and 220 units of the Volvo brand, it added.

In the domestic commercial vehicles market, Eicher-branded trucks and buses recorded sales of 9,165 units last month, compared to 7,357 units in February 2025, the company said.

On the export front, VECV recorded sales of 601 units in February 2026, compared with 552 units in the same month last year, up 8.9 per cent, it added.

Volvo trucks and Volvo buses recorded sales of 220 units in February 2026, compared to 183 units in the same month a year ago, representing a 20.2 per cent growth, the company said.
 
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commercial vehicles eicher brand eicher motors eicher trucks february 2026 india joint venture sales data sales performance ve commercial vehicles vecv vehicle sales volvo brand volvo group volvo trucks
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