Mercedes-Benz Trucks y Buses Ltda is investing in warehousing and manufacturing in Argentina.

The truck market registered 2847 vehicles, an increase of 3.7% on 2746 units in 2023.

According to data from SIOMMA, there were 14,732 CV units sold compared with 14,165 the previous year.

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.