Eicher Motors Limited — Important, 01-07-2025: Monthly Business Updates

Eicher Motors' subsidiary VECV reported flat sales in June with 7,363 units, down 0.8% YoY. Domestic volumes declined 2.5% to 6,722 units but are up 9.1% YTD. SCV/LMD trucks grew 2.1% in the month and 12% YTD, while HD trucks fell 1.8% monthly and 2.3% YTD. Bus volumes saw mixed trends, with HD buses up 37.4% and LMD buses down 13.5% in June. Exports rose 13.1% monthly and 20.5% YTD. Volvo Trucks & Buses volumes increased 50% YoY in June and 5.3% YTD. Overall, VECV sales are showing healthy yearly growth despite monthly pressures.