Eicher Motors Limited has reported a strong sales performance for its unlisted subsidiary VE Commercial Vehicles (VECV) for November 2025, with total volumes rising 38.6% year-on-year to 7,425 units, according to the company’s regulatory disclosure.
Domestic Sales Surge
VECV’s domestic segment recorded 35.6% YoY growth, delivering 6,720 units in November 2025.
Breakup of domestic performance:
- SCV/LMD Trucks (<18.5T): 4,057 units, up 50.2%
- Heavy-Duty Trucks (≥18.5T): 1,805 units, up 41.1%
- LMD Bus: 808 units, down 4.3%
- HD Bus: 50 units, down 62.4%
Exports Perform Exceptionally Well
Exports recorded robust momentum at 705 units, reflecting a sharp 75.4% YoY increase.
Segment-wise export growth:
- LMD: 407 units, up 38.9%
- HD: 97 units, up 781.8%
- Bus: 201 units, up 105.1%
Volvo Trucks & Buses
The Volvo-branded commercial vehicle range, part of the VECV joint venture, contributed 227 units, a modest
