Mumbai, Nov. 2 -- VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, reported a 34.9% year-on-year increase in sales to 10,861 units in October 2026, compared with 8,050 units in the corresponding month of 2025.
The total sales comprised 10,587 units of Eicher-branded trucks and buses and 274 units of Volvo-branded commercial vehicles.
Eicher-branded trucks and buses recorded sales of 10,587 units, marking a 36.2% increase from 7,771 units in October 2025. Domestic sales rose 36.9% to 9,676 units, compared with 7,070 units in the previous year, reflecting strong growth in the Indian commercial vehicle market.
Exports also registered positive growth, with VECV reporting 911 units in October 2026 against 701 units in October 2025, representing a 30% increase.
However, Volvo Trucks and Volvo Buses recorded a marginal decline of 1.8%, with sales falling to 274 units from 279 units in the corresponding period last year.
Established in December 2008, VECV operates across commercial vehicle manufacturing, engine production, exports and component businesses. Its portfolio includes Eicher trucks and buses, Volvo Buses and the exclusive distribution of Volvo Trucks in India.
The October sales performance highlights strong growth across Eicher's domestic and export operations, contributing to VECV's overall year-on-year sales increase.
Published by HT Digital Content Services with permission from Construction World.