New sales, aftermarket and training hub opened in Guayaquil.

Workhorse’s step vans will be installed with telematics hardware and integrated with the ‘MyGeotab’ platform.

AI-powered platform to help improve logistics efficiency.

'Kunshi' chassis offers improved range and higher payloads.

The commercial vehicle market over 2 tons gvw rebounded by 36% to 20,224 units in the fourth quarter of 2024 from depressed year-earlier sales of 14,877 units.

The Thai commercial vehicle market over 2 tons gvw continued to deteriorate in the fourth quarter of 2025, with sales plunging by 55% to 30,498 units from already depressed year-earlier volumes - when the market dropped by 37% to 68,295 units.

The South Korean market for commercial vehicles over 2 tons gvw declined by 21% to 46,241 units in the fourth quarter of 2024 from 58,500 units a year earlier.

The Philippines market for commercial vehicles over 2 tons gvw grew by 10% to 33,704 units year-on-year in the fourth quarter of 2024 after declining by 10% to 30,748 units a year earlier.

The Malaysian commercial vehicle market over 2 tons gvw declined by 11% to 19,379 units in the fourth quarter of 2024 from 21,804 in the same period of the previous year.

The Indonesian market for commercial vehicles over 2 tons gvw bounced by 10% year-on-year to 37,677 units in the fourth quarter of 2024 after plunging by 29% to 34,126 units a year earlier.

They will be sold alongside Iveco’s own ‘Daily’ range of large vans, expanding its portfolio in the light commercial vehicle segment.

Japan’s commercial vehicle market over 2 tons gvw shrank by 11% to 80,450 units in the fourth quarter of 2024 from 90,750 units in the same period of the previous year.