New Delhi | March 4, 2026: VE Commercial Vehicles Ltd., the joint venture between Volvo Group and Eicher Motors Limited, operates a diversified business model spanning Eicher-branded trucks and buses, Volvo Buses and Trucks in India . Its multi-brand, multi-division structure allows it to cater to a wide spectrum of commercial mobility requirements . Delivering a robust performance in February 2026, recording total sales of 9,986 units. This marks a significant 23.4% year-on-year growth compared to 8,092 units sold in February 2025, reflecting strong momentum across domestic and international markets. The February sales performance was largely driven by the Eicher brand, which contributed 9,766 units to the overall tally, while the Volvo brand accounted for 220 units. Growth was visible across segments, underlining improving demand conditions and sustained traction in both the mass and premium commercial vehicle categories.
Eicher Trucks and Buses registered sales of 9,766 units during the month, up 23.5% from 7,909 units in February last year. The domestic commercial vehicle market remained a key growth engine, with Eicher recording 9,165 units compared to 7,357 units in the corresponding period of 2025 — a strong 24.6% increase. The performance indicates steady demand from sectors such as infrastructure, logistics, and industrial transportation.
On the exports front, VECV reported sales of 601 units, reflecting an 8.9% growth over 552 units sold in February 2025. The steady rise in overseas volumes highlights the company’s expanding international footprint and consistent demand in key export markets.
Meanwhile, Volvo Trucks and Volvo Buses posted combined sales of 220 units, up 20.2% from 183 units a year ago. The growth in the premium heavy-duty segment signals stable demand for high-performance commercial vehicles, particularly in long-haul transportation and specialized applications.
The February 2026 performance reinforces VECV’s position as a key player in India’s commercial vehicle industry, supported by a balanced portfolio, technology-driven products, and a growing domestic and global presence.
