CV sales grew almost twice as fast as the economy (5.1%) in the first quarter this year.

The company has made the European launch of its new GDL617 Ecoroad truck tyre, launched in size 315/70R22.5. Based on the Giti GDL617, the company announced that the Ecoroad truck tyre has superior rolling resistance, retreadability, improved fuel economy and higher mileage capabilities based on a new tread compound and a tweaked tread pattern.

The brand’s locally assembled Euro V range now comprises the heavy-duty UD Quester and medium-duty UD Croner models.

Gambrell replaces Lance Walters, who, after four years in charge of Brazilian operations, is to return to the United States as Assistant General Manager — Sales and Marketing of PACCAR Parts. Gambrell is one of the first women to assume the position of President in the Brazilian automobile sector.

The LNG agreement is seen as the first and important step towards creating the largest road logistics corridor in Brazil, with a focus on reducing CO2 emissions; initially it will focus on the North and North East of the country.

Agrale stated that this new chassis took many months of development work by its engineering team in Brazil to design a product that would meet not only the needs of customers in Argentina and other South American markets, but also to meet international standards export beyond the continent.

Atlantic Heavy Duty now has exclusive rights to sell and service McNeilus trucks in the states of Pennsylvania, Delaware, Maryland, Kentucky, Virginia, West Virginia, North Carolina, and South Carolina, as well as Washington, DC.

The agreement provides for a series of initiatives, including the construction of electric charging hubs with the Shell Recharge solution in eight Brazilian state capital cities over the next three years starting this year (2024).

The amended legislation will further reduce CO2 emissions from road transport and introduce new targets for 2030, 2035 and 2040. 

Mats Harborn, president of Scania China Group, said he sees “tremendous potential” in China's economic transformation, adding that the country’s focus on technology and high-quality development will help foreign companies do business there in the long term.

The company confirmed it has agreed to deepen cooperation with Mitsui Sumitomo Marine (China) Company Ltd, and Panasonic Holdings Corporation, in the areas of battery asset management and risk control for new-energy heavy trucks.

Contrary to the performance recorded by most Latin American countries, Peru experienced a positive performance in commercial vehicles sales in the first quarter of 2024.