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.

The owner of DAF, Kenworth and Peterbilt reported revenues of USD28.82bn, earnings of USD3.01bn and a net income of USD921.3m.

Sales of vehicles made by Traton's brands increased by 12.6% from 271,200 units to 305,500 in 2022.

The German group's Turbo division achieved sales revenue of EUR1.56bn and earnings of EUR48m in financial year 2021/22.

A new product range, including new e-trucks, major investments in digitalisation and in automation at its factories as well as investment in renewable energy and reducing its manufacturing carbon footprint, is all making a positive contribution to sales in Brazil and abroad.

Volvo led the semi-heavy and heavy-duty truck class above 15 tons gvw/gcvw with 24,093 units registered, representing a market share of 24.6%.

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.

Volta Trucks stated that it is starting the year strongly with customer production orders filling the first 300 manufacturing slots of the battery-electric Volta Zero.

VWCO says outlook looks bright after Covid with introduction of Euro VI model range.