VE Commercial Vehicles Reports 23% Sales Growth in February 2026, Eicher and Volvo Brands Surge

VE Commercial Vehicles Ltd., a joint venture between Volvo Group and Eicher Motors, reported total sales of 9,986 units in February 2026, marking a 23.4 percent increase over 8,092 units sold in February 2025. The total includes 9,766 units under the Eicher brand and 220 units under the Volvo brand.

Eicher branded trucks and buses recorded sales of 9,766 units in February 2026 compared to 7,909 units in the same month last year, reflecting a 23.5 percent growth. In the domestic commercial vehicle market, Eicher sales stood at 9,165 units, up 24.6 percent from 7,357 units in February 2025.

On the export front, VECV sold 601 units in February 2026 as against 552 units a year ago, registering an 8.9 percent growth. Volvo Trucks and Volvo Buses recorded sales of 220 units compared to 183 units in February 2025, representing a 20.2 percent increase.