The move gives M&M a larger share of the CV market above 3.5 tons with multiple synergies for growth.

Seventy units from Rivian’s ‘Electric Delivery Van’ range have been incorporated into the German company’s American fleet, making up nearly a quarter of its total fleet.

Daily, which celebrates its 47th anniversary this year, is the market leader in Brazil in the Light Chassis-Cabin segment.

According to data from Andemos (National Association for Sustainable Mobility) of Bogotá, 5,726 units were sold, compared with 4,642 in the first quarter of 2024.

5,500 units were sold, an increase of 27.9% over the 4,300 in the same period in 2024, according to AAP.

5,457 units were registered in Q1 of 2025 compared with 2,491 in the same period of 2024, according to data from SIOMMA and ACARA of Buenos Aires.

3,661 CV units were registered in January to March 2025 as compared with 3,306 vehicles in the same period in 2024.

The plan is to list a joint holding company in 2026.

Exports by Brazilian commercial vehicle manufacturers grew by 75.8%, according to figures released by ANFAVEA.

All except for the high voume heavy-duty truck segment grew.

In the first quarter of 2025, 27,749 trucks and 5,528 buses were registered on the Brazilian market.

Partnership allows Hino to access nationwide charging network in China