AXN Heavy Duty, which was established 16 years ago in 2008, sells axles and suspension systems for the truck, trailer and bus segment in North America.

Eduardo Freitas, vice president of Anfavea, said: “We had a special year in 2024 for bus and coach chassis production, with the 34.7% increase was driven by the urban segment, which grew 41.3%, and the intercity segment, which grew by 5.4%.”

The data by ANFAVEA shows truck production up by 40.5% in 2024, and that bus and coach chassis output rose by 34.7% when compared with 20,598 units in 2023.

Claudio Passerini succeeds Domenico Nucera, who transitioned to the newly created role of Chief Quality & Operations Officer at Iveco Group.

The light and medium truck segment, up to 10.5 tons gvw bucked the trend by increasing 6.2%.

Trucks sales in 2024 fell by 3.5%, whereas bus and coach sales declined steeply by 32.8%.

Truck sales at 15,308 units in 2024 was the second highest in the ten last years.

Truck market down by 2.5%, while van, bus and coach sales slip 9.3%.

The contract stipulates a firm order for eighty 45-foot ‘D45 CRT’ commuter coaches, with additional unspecified options.

New facility to supply battery packs for Tata Daewoo Mobility.

The order was placed in honour of Prevost’s one-hundredth anniversary which it celebrated in 2024.

The market for commercial vehicles over 2 tons gvw in Vietnam continued to recover in the third quarter of 2024, with sales growing by 21%.