Sales of commercial vehicles over 2 tons gvw in East Asia’s seven main markets, excluding China, continued to deteriorate in the fourth quarter of 2023, with sales falling by more than 14%.

Iveco and Ford Otosan have signed a non-binding Memorandum of Understanding (MOU) to explore the potential co-development of heavy-duty vehicle cabins.

For commercial vehicles, Havis produces in-cabin docking stations for computers and consoles, as well as heavy-duty mounts and storage units for equipment.

Formed in 1996, Toyota had gradually increased its stake in the JV andcurrently holds 80.5% of the shares and Panasonic the remaining 19.5%.

Iveco announced that it has reached an agreement with German private equity firm, Mutares SE & Co. KGaA, to sell its firefighting vehicle manufacturing unit (Magirus GmbH) for an undisclosed fee, pending regulatory approval.

‘Ford Pro Upfitter’ is the automotive manufacturer’s new accreditation programme, replacing its ‘Qualified Vehicle Modifier’ system.

Reto Leutenegger is promoted to the role of Chief Sales Officer and Jörg Zwilling is appointed as Chief Marketing Officer.

The Cavan brand was established by a joint venture called Beijing Cavan New Energy Vehicle Company Ltd (Cavan Auto), formed in 2023 with a registered capital of CNY500m (USD290m), in which Foton owns a 65% stake, Bosch Venture Capital 10% and the remainder is split between the other financial institutions.

Using a prototype charger developed together with the e-mobility division of ABB, MAN charged up its ‘eTruck’ with more than 700 kW of power and an electric current of 1,000 amps.

Kalmar, a subsidiary of the company which, among other things, manufactures terminal tractors for container-handling operations, will be spun off as a new company named ‘Kalmar Corporation’.

Milence says the hub will be “strategically located” for heavy-duty hauliers travelling between Paris and key settlements in Normandy, including Le Havre, Caen, Dieppe, and Rouen.

The EPA’s latest “Greenhouse Gas Emissions Standards for Heavy-Duty Vehicles”, now in its third phase, stipulates the maximum permitted emissions in grams per ton-mile that will be allowed for each subcategory of vehicle – divided according to its weight and application.