VE Commercial Vehicles sells 7402 units in May 2025

VE Commercial Vehicles Ltd. (A Volvo Group and Eicher Motors joint venture) recorded sales of 7402 units in May 2025 as compared to 6901 units in May 2024, a growth of 7.3%. This includes 7258 units of Eicher brand and 144 units of Volvo brand.

The following are details for May 2025:

• Eicher branded trucks & buses have recorded sales of 7258 units in May 2025 as compared to 6719 units in May 2024 representing a growth of 8%.
• In the domestic CV market, Eicher branded trucks & buses have recorded sales of 6758 units in May 2025 as compared to 6304 units in May 2024, representing a growth of 7.2%.
• On the Exports front, VECV recorded sales of 501 units in May 2025 as compared to 415 units in May 2024, representing a growth of 20.7%
• Volvo Trucks and Volvo Buses recorded sales of 144 units in May 2025 as compared to 182 units in May 2024, representing a de-growth of 20.9%.

Disclaimer:

All statements included or incorporated by reference in this media release, other than statements or characterizations of historical fact, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and projections about our industry, management's beliefs and certain assumptions made by us. Although VE Commercial Vehicles believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Any forward-looking statement speaks only as of the date on which such statement was made, and VE Commercial Vehicles undertakes no obligation to Update or revise any forward- looking statements, whether as a result of new information, future events or otherwise. No assurance can be given that actual results, performance or achievement expressed in, or implied by, forward-looking statements within this disclosure will occur, or if they do, that any benefits can be derived from them.