Fewer Wheels on the Road: June Truck & Bus Sales Dip for Eicher VECV

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Eicher Motors Ltd has seen a weak 1.6% year-on-year dip in overall volume sales of its commercial vehicle business, VE Commercial Vehicles (VECV), during June 2025 at 7,363 units, as compared with 7,482 units sold in June 2024. The drop has been seen against the backdrop of softening demand in the trucks and buses segment, especially in the domestic market.

June 2025 Sales Snapshot – VE Commercial Vehicles

Total Sales: 7,363 units (↓1.6% YoY)
Domestic Market: Minor decline in light and medium-truck volumes
Exports: No change, but insufficient to compensate for domestic weakness
Segment Impact: Buses and heavy trucks experienced minor setbacks

Market Context

Seasonal Factors: Interference caused by the monsoons and pre-buying last month might have fueled the slowdown
Industry Trends: The higher commercial vehicle segment experienced mixed trends, while infra-led demand was countered by financing woes and fleet rationalization
Outlook: Experts predict a turnaround in H2 FY26 due to new product introductions and sustained emphasis on electrification and fleet upgradation

Sources: Business Standard, Economic Times, Axis Direct