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Automobilty > Blog > CV (Commercial Vehicles) > VECV October sales jump 35% to 10,861 units on strong truck demand
CV (Commercial Vehicles)Financial results

VECV October sales jump 35% to 10,861 units on strong truck demand

Automobility
Last updated: November 1, 2026 6:10 am
Automobility
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New Delhi: VE Commercial Vehicles (VECV) reported a 34.9 per cent year-on-year increase in total sales at 10,861 units in October 2026, compared with 8,050 units in the corresponding month last year, driven by strong demand for Eicher trucks and buses.

Total sales of Eicher trucks and buses, including electric vehicles, rose 36.2 per cent to 10,587 units during the month against 7,771 units in October 2025.

Domestic sales of Eicher vehicles increased 36.9 per cent to 9,676 units from 7,070 units in the year-ago period. Within the domestic market, sales of small commercial vehicles (SCVs) and light and medium-duty (LMD) trucks below 18.5 tonnes grew 42.7 per cent to 6,053 units, while heavy-duty (HD) truck sales rose 44.9 per cent to 2,719 units.

In the bus segment, domestic LMD bus sales declined 1.9 per cent to 826 units, while HD bus sales fell 29.7 per cent to 78 units during October.

VECV’s exports of Eicher vehicles increased 30 per cent to 911 units compared with 701 units in October 2025. Exports of HD trucks surged 151.3 per cent to 196 units, while bus exports grew 85.6 per cent to 401 units. However, SCV and LMD truck exports declined 22.9 per cent to 314 units.

Sales of Volvo trucks and buses stood at 274 units during October, registering a marginal decline of 1.8 per cent compared with 279 units in the same month last year.

For the April-October period of FY27, VECV’s total sales, including electric vehicles, increased 23.6 per cent to 63,746 units against 51,561 units in the corresponding period of the previous financial year.

Eicher trucks and buses recorded cumulative sales growth of 23.9 per cent at 62,157 units, while domestic Eicher sales rose 25.7 per cent to 58,081 units. Exports increased 2.9 per cent to 4,076 units.

Volvo trucks and buses registered a 13.4 per cent increase in cumulative sales to 1,589 units during the seven-month period compared with 1,401 units a year ago.

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