VE Commercial Vehicles despatches rise 16% as local sales up - Eicher Motors
This story was originally published at 12:37 IST on 1 August 2026
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--Eicher Motors Jul total CV sales 8,241 units, up 15.8% on year
--Eicher Motors Jul domestic CV sales 7,575 units, up 18.2% on year
--Eicher Motors Apr-Jul total CV sales 33,056 units, up 15.1% on year
--Eicher Motors Apr-Jul domestic CV sales 30,342 units, up 16% on year
MUMBAI – Eicher Motors Ltd. Saturday said its joint venture VE Commercial Vehicles sold 8,241 units in July, almost 16% higher on year. Strength in the domestic market drove the company's despatches in July, even as exports slumped.
VE Commercial Vehicles is a 50:50 joint venture between Eicher Motors and Swedish auto giant Volvo Group. The wholesale sales of Eicher Motors' trucks and buses grew 16% on year to 8,045 units in July. Sales of Volvo trucks and buses grew 12% on year to 196 units.
Despatches of Eicher Motors' commercial vehicles in the domestic market grew 18% on year to 7,575 units. The surge in wholesale truck sales was offset by a lull in bus sales. The company sold 4,394 trucks with a payload capacity under 18.5 tonnes in India, up almost 29% on year. This sub-segment forms around 60% of its commercial vehicle sales in India.
Exports by VE Commercial Vehicles fell 11% to 470 units in July. All sub-segments reported a year-on-year contraction in export sales in July.
In Apr-Jul, the company sold 33,056 commercial vehicles, up 15% on year. Of this, it sold 30,342 vehicles in India, up 16% on year.
For the June quarter, Eicher Motors had reported a consolidated net profit of INR 14.63 billion on revenues of INR 66.32 billion. Friday, its shares closed at INR 7,833.50 on the National Stock Exchange, slightly lower. End
Reported by Anand JC
Edited by Himanshi Gupta
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