Andreas Strecker, President of Accuride Wheels Europe and Asia explained the firm’s manufacturing facilities, customer base and strategy for growth in an interview with Truck & Bus Builder.

Otokar's revenues amounted to TRY2.7bn while net profits totalled TRY516.4m for the year-to-date.

The Group reported an increase of 11% in net sales but supply chain issues led to production delays and increased costs.

The financial year 2020/21 saw a 7.9% fall in production (42,470 vehicles) and a 7% fall in sales (EUR1.74bn).

Traton brands achieved 3% growth in unit sales, including a 70% rise in truck sales, in the first half of 2021.

With sales of Scania CNG (natural and/or biomethane) trucks heading northwards of 150 units, one operator on its own now accounts for 50 of these sales.

Iveco Latin America Ltda recorded growth of 42% in the first quarter of 2021 in the Brazilian commercial vehicle market.

Component and mobility systems manufacturer, ZF Group, reported a strong recovery in sales during the first six months of 2021, generating revenues of EUR19.3bn compared with EUR13.5bn in January to June 2020, which was significantly impacted by the Covid-19 pandemic.

VW Caminhões e Ônibus Resende Ltda recorded a 133.1% increase in exports of trucks and bus chassis produced in the first four months of 2021 in Brazil compared with the same period last year.

Scania Latin America Ltda reported record domestic truck sales growth of 115% for the first six months of 2021 at 7,794 units compared with 3,625 units and sees the strong demand continuing in the second half of the year.  

Coach body builder, Carbuss Industria Catarinense de Carrocerias Ltda, which builds under the Busscar brand name, has announced plans to increase its market share of the intercity and charter coach segment in Brazil to 20% in 2021, putting it in second place to Marcopolo.

Sales of trucks and bus chassis by Iveco Latin America Ltda grew 71% in the first half of this year, well above the market average, which was around 50%.