MoU signed with local distributor Petromin and Saudi Government

Earlier this year, Sunsundegui, a coachbuilder specialising in luxury and interurban vehicles, went into liquidation, according to a local news report (in Spanish).

Vietnam’s market for commercial vehicles over 2 tons gvw surged by over 37% to 15,252 units in the first quarter of 2025.

The Thai commercial vehicle market over 2 tons gvw continued to decline in the first quarter of 2025.

The South Korean market for commercial vehicles over 2 tons gvw declined by 13% to 41,648 units in the first quarter of 2025 from 47,744 units in the same period last year.

New system to be available in CVs from 2026.

The Philippine market for commercial vehicles over 2 tons gvw expanded by over 16% to 32,558 units in the first quarter of 2025.

The Malaysian market for commercial vehicles over 2 tons gvw plunged by almost 31% to 11,981 units in the first quarter of 2025 from an already weak 17,189 units a year earlier.

The Indonesian market for commercial vehicles over 2 tons gvw increased by over 15% to 31,295 units in the first quarter of 2025 from very weak year-earlier levels.

The Japanese market for commercial vehicles over 2 tons gvw rebounded by 12% to 92,278 units in the first quarter of 2025.

A total of 37 vehicles, including H2 fuel cell and combustion engine-powered coaches and trucks, will be deployed on 10 different routes across the country.

This initiative aims to promote energy-efficient tyre manufacturing, strengthen domestic supply chains, and create employment opportunities, says JK Tyres.