MoU signed with local distributor Petromin and Saudi Government

Leapfrog’s ‘Leap’-branded digital platform allows customers to turn their fleets into so-called ‘virtual power plants’ which can discharge stored energy back into the grid and generate revenue.

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.

“Iveco has doubled its market share in the UK over the last five years,” Cutts opens. “Last year, we finished just shy of 5%. That was a tactical decision to grow our vehicle park and volume, re-establishing ourselves as a serious player.”

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.

Harris said the appointment of Aquila is part of its “ambitious growth plan” in the British market, where it plans to expand its coverage and customer support across every region.

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 Indonesian market for commercial vehicles over 2 tons gvw increased by over 15% to 31,295 units in the first quarter of 2025 from very weak year-earlier levels.

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