The commercial vehicle market over 2 tons gvw in South Korea expanded by just over 3% in the second quarter of 2023 compared with the same period of last year.

This year, the Michelin Group is celebrating an important milestone in its long history of motor tyre manufacturing. In 1923, the French company developed a method for applying a new tread to old tyres, thus extending their useful life. One hundred years later, Michelin Tyre Plc commemorated the anniversary at the ‘Michelin Remix’ factory in Stoke-on-Trent, UK, where the company has been retreading truck and bus tyres since 1968.

The purchase will enlarge WEG's turnover and global reach substantially. The net operating revenue of these businesses in 2022 was approximately BRA 2.8 billion (USD541.5m), with an adjusted EBITDA margin of 9.5%.

The Thai market for commercial vehicles over 2 tons gvw is estimated to have fallen by 37% in the second quarter of 2023 compared with the same period of last year.

The 12-metre bus, dubbed ‘Lion’s Explorer E’, was supplied to Golden Arrow Bus Services for pilot testing in Cape Town, South Africa.

The Philippines market for commercial vehicles over 2 tons gvw continued to edge lower in the second quarter of 2023 following a strong rebound to 28,002 units in the same period of last year.

Hariphil Asia Resources Inc (HARI), the Manila-based distributor of Hyundai commercial vehicles, launched the light-duty public bus after it was issued with a Certificate of Compliance (COC) in July by the Department of Transportation.

Under the expanded deal, MAN will use protective gases during the precision welding process, and then apply multiple coats: first, cataphoretic paint for corrosion protection, then varnish, and then a final coat of paint.

Sales of commercial vehicles in China continued to recover moderately in July 2023, with sales rising by 17% compared with the same month a year earlier.

Big Rig Manufacturing will assemble both diesel Enviro500 and battery-electric Enviro500EV Charge models.

The Indonesian market for commercial vehicles over 2 tons gvw continued to grow in the second quarter of 2023, albeit at the much slower pace of 5% following a 26% jump in the same period of last year.

The facility, which has been operational since July 2023, allows testing of both individual components and complete vehicles in real driving conditions, simulating all types of road and climate conditions (between -15 °C and +55°C in all seasons).