SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Eicher Motors’ JV firm expects 15% market share in heavy trucks: Report

21 Jan 2015 Evaluate

Eicher Motors and Volvo Group’s joint venture firm, VE Commercial Vehicles (VECV) is reportedly expecting 15% market share in the Indian heavy trucks segment in the next three years. At present, the company has around 4% market share in the segment.

The company that launched three trucks under its Pro 6000 series of next generation heavy duty trucks, is expecting such target to achieve from this series in the future. The three models -- Pro 6031 (31T GVW 8X2), Pro 6025 (25T GVW 6x2) haulage trucks and Pro 6025T (25T GVW 6X4) tipper - that will be priced between Rs 21 lakh and Rs 30 lakh, also marks the entry of Eicher brand into a new phase of growth and consolidation in the heavy-duty commercial vehicle market.

Eicher Motors is one of the leading manufacturers of commercial vehicle. It has manufacturing facilities located in Madhya Pradesh, Tamil Nadu, Maharashtra, and Haryana.

Eicher Motors Share Price

7300.10 -29.50 (-0.40%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Bajaj Auto 10710.85
Hero MotoCorp 5321.50
TVS Motor 3692.45
Eicher Motors 7300.10
Ather Energy 915.00
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×