Uruguay remains one of the smallest markets for CVs in Latin America and yet has a relatively high and disproportionate number of brands competing in the market place.

This collaboration is expected to result in faster system integration of vehicle data from various logistics partners and simplifying data processes, intended to optimise fleet management efficiency.

The official handover will take place on September 1, 2023. Bosmans has been at DAF for 19 years and has held positions in operations, quality control and sales, including the key position of Director of Operations for PACCAR Financial Europe.

The move to stricter emissions in January this year led to a fall in demand.

Sales in the first half of this year rose to 3,580 vehicles an increase of 18.2% over the same period in 2022.

The X6000 6x4 road tractor is the most powerful yet the truck maker has built.

Farison Auto is a new brand name for CVs built and sold by Geely.

The event was designed to demonstrate the vehicle’s capabilities.

Lohscheller will be replaced by Board Chairman Stephen Girsky, a former General Motors executive. Girsky will remain on the Board of Directors and Steve Shindler, a Director since October 2020, will serve as Chairman of the Board. 

Truck sales in the Brazil fell by 8.8% in the first half of 2023, which was due largely to the introduction of new more stringent PROCONVE P8 (Euro 6) emissions legislation that came into effect on January 1, this year.

Farizon plans to use the funds to strengthen its R&D and new product development operations, as it looks to consolidate its position as China’s leading manufacturer of new energy commercial vehicles.

CMB stands for collision mitigation braking system - the system is supplied by Hitachi Astemo.