The plan to purchase Cooper Tires was first announced in February 2021

Sales of medium- and heavy-duty rigid trucks in India witnessed a vast contraction of 61.5% in the fourth quarter of FY2019-20 to register just 30,973 units, down from 80,355 units during the same quarter of the previous year (2018-19).

The BRA14m (USD2.8m) deal, which was first announced last November, was finalised in February this year.

Isuzu Motors Ltd and car giant, Honda Motor Ltd, in January signed an agreement to carry out joint research to develop fuel-cell-powered heavy-duty trucks.

The Volvo Group has agreed to sell its Japanese subsidiary, UD Trucks, prefecture to Isuzu Motors Ltd, in a deal worth a reported USD2.3bn, as the fast evolving global commercial vehicle market continues to put huge investment demands on the industry.

French automotive components manufacturer, Faurecia SA, has won a contract to supply hydrogen storage systems for trucks built by Hyundai Motor Company of Seoul.

A pair of FUSO eCanter 7.49t electric delivery trucks have entered service with operators in Copenhagen, the first in Scandinavia. One has joined the fleet of Citylogistik and the other is with Aastiderne, two well-known Danish transport operators.

Hino Motor Ltd’s Malaysian distributor, Hino Motors Sales (Malaysia) Sdn Bhd, said it reached a major milestone by delivering its 100,000th truck to a single customer in the country - local conglomerate, Ikhasas Resources Sdn Bhd.

Japanese commercial vehicle manufacturer, Hino Motors Ltd, has entered a capital and business alliance with local logistics consulting services firm, Trancom Co Ltd, with a view to optimising transportation networks in the country.

Allison Transmissions Inc has entered a partnership with Hyundai Motor Company to coincide with the launch of the Allison 1000 xFE fully automatic transmission in the 2.5 and 3.5-ton Mighty Light Duty Truck.

Tata Daewoo Commercial Vehicle Company, the South Korean subsidiary of India’s Tata Motors Ltd, in February announced a plan to strengthen its truck line-up over the next few years as part of an initiative to reverse a sharp decline in recent sales.

January 2020 saw Hap Seng Trucks Distribution Sdn Bhd and Daimler Trucks Asia launch a new heavy Fuso truck, the Mitsubishi-Fuso FJ1828R on the Malaysian market.