Ecuador completed the first nine months of this year with registrations of 8,219 heavy commercial vehicles, a decrease of 4.2% compared with 8,581 vehicles sold in the same period of 2022.

With registrations of 12,881 heavy commercial vehicles during the first nine months of this year, the Peruvian market declined by 6.3% compared with 13,750 units invoiced in the same period of 2022.

The economic contraction in Chile went beyond the negative forecasts predicted by the Monthly Economic Activity Indicator in a more pronounced way than estimated and majorly compromised sales of commercial vehicles.

The Uruguayan market in January to September registered 2,242 commercial vehicles (trucks, buses and minibuses) an increase of 8.8% compared with the 2,061 units sold in the same period of 2022.

T&BB decided to have a closer look at the world’s 4th biggest tyre manufacturer as it looks to expand its global presence through fleet digitalisation, product range and aftermarket services in the context of the impending Euro VII regulation.

Shyft will commence customer deliveries of Blue Arc vehicles next year. 

Subject to regulatory approval, the joint venture will be launched in 2024, with both partners pledging to invest EUR300m each over the next three years.

The new vans, dubbed ‘TGE Next Level’, will enter production in May 2024.

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 company received an order for 900 new-generation eCanters from the Japanese leasing company, Yamato Transport. This marks the largest single order of the Next-Gen FUSO eCanter so far.

Tanganelli has worked for UBS in the Investment Banking Division, Fiat Chrysler Automobiles in Business Development, CFO and Head of automotive components manufacturer, Magneti Marelli and most recently, assumed the role of CFO and Head of M&A at the Iren Group.

The refurbished truck range, the ‘T Red’, is the result of Renault Trucks’ new “circular economy” strategy of repairing and reselling used vehicles and parts instead of scrapping them.