The Indonesian market for commercial vehicles over 2 tons gvw declined by just over 4% to 29,867 units in the first quarter of 2021 after plunging by 25% to 31,209 units in the same period of last year.

Vietnam’s market for commercial vehicles over 2 tons gvw expanded by over 33% to 15,211 units in the first quarter of 2021 after declining by over 25% to 11,390 units in the same period of last year.

The Thai commercial vehicle market over 2 tons gvw declined by 2.9% to an estimated 103,491 units in the first quarter of 2021 from weak year-earlier first quarter sales of 106,561 units.

The Malaysian commercial vehicle market over 2 tons gvw rebounded strongly in the first quarter of 2021, by over 56% to 15,165 units after declining by 22% to 9,697 units in the same period of last year.

The Philippine market for commercial vehicles over 2 tons gvw expanded by over 6% to an estimated 24,901 units in the first quarter of 2021 from 23,374 units in the same period of last year.

The Japanese market for commercial vehicles over 2 tons gvw expanded by just 1.4% year-on-year to 118,511 units in the first quarter of 2021 from 116,830 units in the same period of last year.

The market for commercial vehicles over 2 tons gvw in East Asia’s seven main markets (excluding China) expanded by 4.2% to 366,367 units in the first quarter of 2021 after declining by almost 19% to 351,556 units in the same period of last year.

Isuzu is targeting consolidated net sales of JPY2,750bn for the financial year ending in March 2024, while consolidated operating income is forecast at JPY250bn and return on investment (ROI) of 12.5%.

UD Trucks announced in April it had entered into a multi-year digital transformation and hybrid cloud contract with Indian information technology (IT) group, HCL Technologies to further accelerate its digital transformation. 

Mitsubishi Fuso has made some important improvements to its Canter light-duty truck for compliance with Japanese regulations to be introduced in September 2021.

The Tokyo Zero-emission Innovation Bay aims to make the Tokyo Bay area the first zero-emission innovation hub in the world through the collaboration of many different locally-based companies and research institutions.

Mitsubishi Fuso has launched a new model version of its heavy-duty Super Great truck, equipped for the first time with Emergency Stop Assist, which detects anomalies in steering wheel activity.