Registrations of commercial vehicles exceeds 10,000 vehicle mark!

Truck production figures in Brazil rose by 3.1% and bus and coach chassis production rose by 7.3%.

MoU signed with local distributor Petromin and Saudi Government

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.

Prices for cargo van variant start at USD19,000.

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.

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

Sales of light-duty passenger vehicles (7.5 tons and below) were up in the FY 2024/25 with rate of 5.9% to register 54,807 units (51,750).

Sales of light-duty buses and coaches (7.5t & below) rose strongly in Q4 of FY2025/24 (January to March 2025) by 19.4% to register 18,310 units compared with 15,333 units in Q4 of FY2023/24.