Excluding the contribution from the recently-acquired Meritor, Cummins made USD26.2bn, a 9% improvement on the year before (USD24bn).

Marcopolo's fiscal action plan paying off, says CEO.

Sales in the commercial vehicle applications segment contributed Euro 350,2 million in 2022 compared to Euro 293.9 million the previous year, a growth of Euro 56.3 million.

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

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%.