VE Commercial Vehicles sells 12,094 units in March 2025

VE Commercial Vehicles Ltd. (A Volvo Group and Eicher Motors joint venture) recorded sales of 12,094 units in March 2025 as compared to 11,242 units in March 2024, a growth of 7.6%. This includes 11,852 units of Eicher brand and 242 units of Volvo brand.

The following are details for February 2025:

• Eicher branded trucks & buses have recorded sales of 11,852 units in March 2025 as compared to 10,986 units in March 2024 representing a growth of 7.9%.
• In the domestic CV market, Eicher branded trucks & buses have recorded sales of 11,187 units in March 2025 as compared to 10,525 units in March 2024, representing a growth of 6.3%. • On the Exports front, Eicher branded trucks & buses recorded sales of 665 units in March 2025 as compared to 461 units in March 2024, representing a growth of 44.3%
• Volvo Trucks and Volvo Buses recorded sales of 242 units in March 2025 as compared to 256 units in March 2024, representing a de-growth of 5.5%.

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.