VE Commercial Vehicles Achieves 6,295 Units Sold in January 2025

By | Published Date : July 03, 2025

VE Commercial Vehicles (VECV), a collaboration between Volvo Trucks and Eicher Trucks, has reported impressive sales growth in January 2025. The company achieved a significant 18.17% increase in commercial vehicle (CV) sales, selling 6,295 units. Below, we explore the sales details and performance of both Eicher trucks and Volvo trucks.

Introduction: Strong Start to 2025 for VECV in the Commercial Vehicle Market

In January, the company recorded impressive growth, with total sales reaching 6,295 units, marking an 18.17% increase compared to last year. This positive performance highlights the continued demand for VECV's commercial vehicles in both domestic and export markets, reflecting the brand's strong presence in the competitive commercial vehicle sector.

Eicher Trucks Sales Performance

Eicher trucks contributed greatly to VECV’s overall success. The brand saw significant growth across both domestic and export markets in January 2025. Here are the details of the Eicher Trucks' performance:

• Overall Sales Growth: Eicher Trucks recorded a 19.71% increase in commercial vehicle sales in January 2025, with 6,128 units sold, compared to 5,119 units in January 2024.

Domestic Sales Performance

Eicher Trucks performed well in the domestic market, showing a positive upward trend.

• Growth in Domestic Sales: The company sold 5,794 units in India in January 2025, marking a 19.14% increase from 4,863 units sold in January 2024.
• Popular Segments: Eicher's low and medium-duty trucks (3.5T - 18.5T) remain highly sought after by businesses in India, especially due to their balance of affordability and performance.

Export Sales Performance

Eicher Trucks also recorded healthy growth in exports, signaling it is expanding its global presence.

• Export Growth for Low and Medium-Duty Trucks: The low and medium-duty (LMD) export segment grew by 19.83%. In January 2025, 290 units were sold, up from 242 units in the same period last year.
• Export Growth for Heavy-Duty Trucks: Eicher trucks experienced a remarkable 214.30% growth in the heavy-duty export segment. The number of heavy-duty trucks sold rose from 14 units in January 2024 to 44 units in January 2025.

Total Export Growth: Overall, the export sales of Eicher Trucks grew by 30.47%, with 334 units sold in January 2025 compared to 256 units in January 2024.

Volvo Trucks Performance

Volvo Trucks, the premium brand under the VECV umbrella, saw a decline in sales during January 2025. Here are the key figures:

• Sales Decline: Volvo Trucks sold 167 units in January 2025, representing a 19.71% decline from 208 units in January 2024.
• Challenges: While the decline in Volvo's sales may be seen as a setback, it is important to understand that VECV’s overall growth was still strong, thanks to the continued success of Eicher trucks.

Segment-Wise Breakdown of VECV’s Sales

VECV’s success is driven by the performance of different truck segments. Here's a closer look at the key segments:

Low and Medium-Duty Trucks (3.5T - 18.5T)

• Growth in LMD Segment: The low and medium-duty (LMD) truck segment saw a 17.94% increase in sales. In January 2025, a total of 3,787 units were sold, compared to 3,211 units in the previous year.
• Market Demand: LMD trucks are widely used in India for various commercial purposes, including goods transport and are popular due to their affordability and versatility.

Heavy Duty Trucks (Above 18.5T)

• Growth in Heavy Duty Segment: The heavy-duty truck segment performed even better, recording a 21.50% growth. Sales in this segment reached 2,007 units in January 2025, compared to 1,652 units in January 2024.
• Key Use Cases: These trucks are essential for transporting larger and heavier goods over long distances, which is increasingly important as India’s infrastructure develops.

VECV’s Overall Performance in January 2025

Despite the drop in Volvo truck sales, VE commercial vehicles overall performance remained strong. Here’s a summary of the total sales:

• Total Units Sold: VECV sold 6,295 commercial vehicles in January 2025, reflecting an 18.17% increase compared to the same month in the previous year, where 5,327 units were sold.
• Key Growth Areas: The growth was largely driven by Eicher trucks, which saw impressive domestic and export sales increases across various segments.

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Conclusion: A Bright Future for VECV and Trucks in India

VECV’s performance in January 2025 shows strong resilience in the commercial vehicle market.

1. Eicher Trucks: The standout performer for VECV, Eicher trucks showed impressive growth in both domestic and international markets. The brand’s focus on cost-effective solutions and reliable performance is paying off.
2. Volvo Trucks: While Volvo trucks experienced a slight decline in sales, the brand’s premium offerings continue to have a strong market presence.

As the commercial vehicle market in India continues to expand with increased infrastructure and economic growth, VECV is well-positioned for continued success.

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