The CV corporation saw net sales of SEK473.5bn in 2022 from SEK372.2bn in 2021. CEO and President, Martin Lundstedt, stated that Volvo ended 2022 in a good financial position with an adjusted operating margin of 10.7%.

Under the Volvo and Eicher brands, VECV has introduced three new coaches / intercity buses in India, two of which replicate Euroepan design.

Commercial vehicle manufacturer, VE Commercial Vehicles Ltd (VECV) of Pithampur - the joint-venture subsidiary of Sweden’s Volvo AB and Eicher Motors Ltd of Gurugram (New Delhi), India – has launched a new range of 12.4 m intercity coaches named Eicher 6016 R LPO.

VECV has delivered 50 units of its 24-seat Eicher CNG AC buses to transport operator, PMPML, the first time the joint venture has delivered gas buses to the city of Pune.

VECV has launched the Eicher Skyline Ambulance, which is powered by a 75kW engine and provides enhanced patient and river safety and comfort.

Commercial vehicle manufacturer, VE Commercial Vehicles Ltd has started manufacture of light- and medium-duty trucks at a new truck manufacturing facility in Bagroda, making it the company’s eighth manufacturing facility in the state of Madhya Pradesh.

Commercial vehicle manufacturer, VE Commercial Vehicles Limited - the commercial vehicle manufacturing joint venture and subsidiary of Sweden’s Volvo AB and Eicher Motors Ltd of Gurugram - has revealed a new range of BS VI Eicher Pro 2000 series light-duty trucks comprising the Eicher Pro 2049 and Eicher Pro 2095XP.

Commercial vehicle manufacturer, VE Commercial Vehicles Ltd - the commercial vehicle manufacturing joint venture and subsidiary of Sweden’s Volvo AB and Eicher Motors Ltd - has introduced Wabco’s OptiDrive AMT system to its 6-speed gearbox in the Eicher Pro 3016 16t gvw rigid truck model.