VECV Drives Forward: Eicher Motors' June 2025 Sales Update 📈
Time to hit the road with the latest from the auto sector! 🛣️ Eicher Motors Limited (EICHERMOT), known for its iconic Royal Enfield motorcycles, recently unveiled the sales performance for its commercial vehicle arm, VE Commercial Vehicles Limited (VECV), for June 2025. These figures, shared with the Society of Indian Automobile Manufacturers (SIAM), give us a good peek into the pulse of India’s commercial vehicle market.
So, what’s the buzz? Overall, VECV’s total sales, including EVs, stood at 7,363 units in June 2025. While this marks a slight dip of 0.8% compared to June 2024 (7,424 units), don’t hit the brakes just yet! The year-to-date (YTD) performance for fiscal year 2025-26 looks quite robust. VECV has already moved 21,610 units, accelerating with a healthy 9.7% growth over the 19,702 units sold in the same period last fiscal year. That’s a strong start to the financial year! 💪
Diving deeper, the domestic Eicher segment, which makes up the bulk of sales, saw 6,722 units sold in June 2025, a 2.5% decline from last year. However, its YTD performance is up by a solid 9.1%, reaching 19,737 units. Within this, Heavy Duty (HD) Buses showed impressive monthly growth of 37.4% and a YTD increase of 22.3%. Small Commercial Vehicles (SCV) and Light & Medium Duty (LMD) Trucks also kept pace with a 12.0% YTD growth. The LMD Bus segment, despite a monthly drop, posted a strong 14.2% YTD rise.
But it’s not just about domestic sales! VECV’s export game is strong, too. Total exports surged by 13.1% in June 2025 to 476 units, and an even more impressive 20.5% for the YTD, hitting 1,436 units. LMD segment exports in particular saw fantastic growth, up 33.4% YTD. And let’s not forget Volvo Trucks & Buses, which are part of this joint venture; their sales picked up significantly in June with a 50.0% monthly rise!
For a full breakdown, check out the numbers:
| Segment | Actual Jun'25 | Actual Jun'24 | Growth (%) Jun'25 vs Jun'24 | Actual 2025-26 (YTD) | Actual 2024-25 (YTD) | Growth (%) YTD |
|---|---|---|---|---|---|---|
| Total Eicher Trucks and Buses (Inclusive of EVs) | 7,198 | 7,314 | -1.6% | 21,173 | 19,287 | 9.8% |
| Domestic Eicher | ||||||
| SCV/LMD Trucks < 18.5T | 3,166 | 3,101 | 2.1% | 9,152 | 8,174 | 12.0% |
| HD (≥18.5T) | 1,759 | 1,791 | -1.8% | 4,580 | 4,689 | -2.3% |
| LMD Bus | 1,617 | 1,870 | -13.5% | 5,527 | 4,841 | 14.2% |
| HD Bus | 180 | 131 | 37.4% | 478 | 391 | 22.3% |
| Total Domestic | 6,722 | 6,893 | -2.5% | 19,737 | 18,095 | 9.1% |
| VECV Exports | ||||||
| LMD | 340 | 291 | 16.8% | 927 | 695 | 33.4% |
| HD | 19 | 62 | -69.4% | 150 | 102 | 47.1% |
| Bus | 117 | 68 | 72.1% | 359 | 395 | -9.1% |
| Total Exports | 476 | 421 | 13.1% | 1,436 | 1,192 | 20.5% |
| Total Volvo Trucks & Buses | 165 | 110 | 50.0% | 437 | 415 | 5.3% |
| Total VECV (Inclusive of EVs) | 7,363 | 7,424 | -0.8% | 21,610 | 19,702 | 9.7% |
It’s clear that while monthly sales can fluctuate, the overall picture for VECV remains positive, driven by strong YTD growth in both domestic and export markets. VECV, a robust joint venture between Volvo Group and Eicher Motors Limited, continues to be a significant player in the commercial vehicle space in India and beyond. You can learn more about their operations on their official site: VE Commercial Vehicles.
Around the time of this announcement, Eicher Motors’ stock itself saw a modest uptick, trading up by 1.0% to ₹5686.5. This monthly sales update provides valuable insights for investors tracking the performance of one of India’s key automotive players. Stay tuned for more updates! 🚀
source: Corporate Announcement
Join our Telegram for instant updates!