The market for commercial vehicles over 2 tons gvw continued to grow in the second quarter of 2025, rising by almost 7% to 30,717 units from 28,736 in the same period last year.

Vietnam’s market for commercial vehicles over 2 tons gvw continued to recover strongly in the second quarter of 2025, with sales rising by 31% to 20,490 units from a weak 15,606 units a year earlier.

he Thai market for commercial vehicles over 2 tons gvw is estimated to have declined by a further 21% year-on-year to 40,051 units in the second quarter of 2025.

The Indonesian market for commercial vehicles over 2 tons gvw declined by 12% to 27,007 units the second quarter of 2025, following a 10% fall to 30,717 units in the same period of last year.

The market for commercial vehicles over 2 tons gvw continued to decline in the second quarter of 2025, falling by almost 10% year-on-year to 48,217 units following a 13% drop to 53,329 units in the same period last year.

The JV, which is called Tata Katcon Composites S.A. de C.V., is expected to produce body and a selection of structural components for both body and chassis of passenger and commercial vehicles.

Malaysia’s market for commercial vehicles over 2 tons gvw declined by a further 6% year-on-year to 15,204 units in the second quarter of 2025.

Sales of commercial vehicles over 2 tons gvw in Japan increased by just 1% to 81,895 units in the second quarter of 2025, from weak year-earlier sales of 81,114 units.

Overall, in the first six months of this year registrations across East Asia fell marginally compared with the same period in 2024.

The joint venture will acquire Valeo’s Indian lighting business, operating currently under Valeo Lighting Systems (VLS).

This is Tata Motors tenth Registered Vehicle Scrapping Facility.

The SV Taxi has already secured a 1,000-unit order from Hong Kong’s Big Bee Taxi, with first deliveries beginning this year.