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%.

Following the sale of UD Trucks to Isuzu Motors, the Board of Directors at AB Volvo has proposed the proceeds from the sale be distributed to its shareholders, at SEK9.50 per share.

Isuzu is targeting consolidated net sales of JPY2,750bn for the financial year ending in March 2024, while consolidated operating income is forecast at JPY250bn and return on investment (ROI) of 12.5%.

Announcing a substantial increase in truck sales in Chile during the first quarter of 2021 of 45.8% to register 344 units (236), Scania Chile SA, headquartered in Santiago de Chile, said this performance had further consolidated its market position of second in the country.