The Austrian trailer builder’s performance in 2022 outstripped its sales in the previous year by 9% (EUR409m).

Sales and operating profit increased YoY by 17.5 percent and 9.9 percent, respectively, thanks to increased demand for large-diameter tyres.

Major investment in the region starting to deliver results, says Iveco.

With revenues of USD405m Librelato is investing in technology for efficiency gains and expanding its parts and service network from 21 to 30 outlets in Brazil.

The German retrofit firm reported an annual turnover of approximately EUR13m, a 25% year-on-year increase.

The company ended 2022 with a record order book of 1,474 buses compared with 325 in 2021.

The truck-trailer components manufacturer reported a revenue increase of approximately 25% over the previous year.

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%.

The special truck manufacturer reported net sales of USD8.28bn and a net income of USD173.9m, which is down from USD461.1m the year prior.

The automotive corporation sold 214,700 large vans in 2022, a 0% change on the year before.

The company reported record production of 68,000 trucks in 2022 and a 17.3% share in the European heavy truck (16t gvw+ ) market with a high number coming from the new Generation DAF XD series.

In 2022, the Chinese bus and coach manufacturer delivered 30,198 units in total, of which 12,414 were electric, plug-in hybrid and fuel cell vehicles.