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.

This month, our focus shifts to Europe, where the European Union (EU) has rolled back its CO₂ targets.

Sales of commercial vehicles over 2 tons gvw in East Asia’s seven main markets, excluding China, declined by 16% to 268,373 in the fourth quarter of 2024 from 319,099 units a year earlier.

SCALAR, the name of ZF's AI-powered digital fleet management platform, was announced at the Bharat Mobility Expo 2025 in New Delhi.

The companies say the partnership aims to deploy 1,000 electric commercial vehicles (eLCVs and buses) over the next three to five years.