Total net sales came to USD2,769 million, up 15% from USD2,402 million in 2021

Built for the local manufacture of Volvo FH truck cabins in 1998, the plant, says Volvo, was a turning point in the truck builder’s history in Latin America. With it, the brand expanded its business in the region, with new vehicles and the use advanced technologies.

The vehicle was produced as part of the existing SuperTruck program co-funded by the U.S. Department of Energy and industry, aiming to reduce greenhouse gas emissions in road transportation.

The Volvo subsidiary celebrated the production of its 10,000th MD series truck, a range which Mack Trucks began making in September 2020.

UK bus and coach operator, Stagecoach, tested the first autonomous bus (Alexander Dennis Enviro200AV) to carry passengers over the Forth Road Bridge, near Edinburgh, as part of the CAVForth project.

InoBat is positioning itself as a producer of customised battery cells for a variety of duty cycles in what is regarded as 'smaller' volume niche applications. The cells are produced to match a variety of specific duty cycles and applications, with plans to produce and supply those battery cells consistently to its clients into the future.

The Krone Commercial Vehicle Division generated EUR1.7 billion in revenues, an increase of 22.9% compared with the previous year of EUR1.374 billion.

Sumitomo Rubber do Brasil Ltda has had a presence in Brazil for more than a decade - but manufacturing tyres for trucks only started in 2019.

ZF has produced two million electric motors, including central drives and axle drives for passenger cars and commercial vehicles, since it began supply them for hybrid drives in 2008.

The order for single- and double-deck battery-electric buses, which will enter service in the summer of 2024, is being backed by GBP88m in funding from the UK government.

e-bus builder, Ebusco is 10 years old and on its anniversary (September 2022) it is claiming a full order book for its electric bus range with contracts recently announced for cities in Norway, Sweden and Australia.

The Actros and Actros C will be produced in a new 400,000 square-metre facility in Beijing.