The commercial vehicle market over 2 tons gvw in South Korea declined by over 10% to 53,323 units in the third quarter of 2021 after rebounding by over 14% to 59,303 units a year earlier.

The market for commercial vehicles over 2 tons gvw rebounded by over 89% to 33,195 in the third quarter of 2021, after plunging by 59% to 17,533 units a year earlier.

Sales of commercial vehicles over 2 tons gvw in Vietnam plunged by over 39% to 8,785 units in the third quarter of 2021 after declining by over 17% to 15,462 units in the same period of last year.

The Thai market for commercial vehicles over 2 tons gvw declined by over 24% to 81,585 units in the third quarter of 2021 from an already weak 65,795 units in the same period of last year.

The Malaysian commercial vehicle market over two tons gvw plunged by over 31% to 10,476 units in the third quarter of 2021 from 15,288 units a year earlier.

The market for commercial vehicles over 2-tons gvw across the Philippines weakened significantly in the third quarter of 2021, by almost 23% to 17,726 from already weak year-earlier sales of 22,888 units.

Japan’s market for commercial vehicles over 2 tons gvw declined slightly to 100,778 units in the third quarter of 2021 from an already weak 101,522 units a year earlier.

Sales of commercial vehicles over 2 tons gvw in East Asia’s seven main markets, excluding China, declined by almost 10% to 305,868 units combined in the third quarter of 2021 after falling by 17% to 338,776 units in the same period of last year.

The Hydrogen Heavy Duty Vehicle Industry Group, including Hyundai, Toyota, and Nikola, has agreed to push ahead with a common global standard for hydrogen refuelling technologies to help “bring hydrogen closer to wide scale adoption”. 

Hon Hai has entered into a definitive Asset Purchase Agreement for the Lordstown, Ohio facility (excluding certain assets such as the hub motor assembly line and battery pack and module lines) for USD230m.

The new Euro V-compliant Quester heavy-duty and Croner medium-duty truck ranges are set to be rolled out in Southeast Asia, the Middle East, Africa, and Latin America.

UD Trucks will trial a Quon truck equipped with Level-4 technologies at Kobe Steel's Kakogawa Works site in the second half of 2022.