Shyft expects the combined company will generate between USD20m and USD25m in annual run-rate cost synergies through “cost optimization and operational efficiency gains”.

Government aims to reduce CO2 emissions with increased use of biofuels in transportation

Commercial vehicle sales over 2 tons gvw improved by 12% to 34,394 unit in the third quarter of 2024, compared with the same quarter a year earlier when volumes plunged by 27% to 30,664 units.

Besides developing these trucks, the project includes investing in production facilities and feasibility studies into the European hydrogen value chain. The funding is to complement existing Daimler Truck projects focusing on liquefied hydrogen refuelling technology, storage and refilling logistics.

According to the terms of the contract, MAN will supply New Flyer with “several thousand” ‘V0K-08’ front axles and ‘HY-1350’ rear axles which, together with accompanying spare parts, are worth more than USD200m.

This partnership aims to enhance the fleet management capabilities and driver safety of its trucks in Australia.

The South Korean company has expanded its range of battery-powered city buses.

The Philippine commercial vehicle market over 2 tons gvw was slightly higher year-on-year at 87,448 units in the first nine months of 2024

The exhibition attracted over 190 exhibitors and over 75 vehicles under the theme of “collaboration, innovation, and sustainable solutions”.

The vehicle in question is an articulated ‘Urbino 18’ battery electric bus, one of fifty ordered in 2023 by Berliner Verkehrsbetriebe, the state-owned company which manages public transportation in the German capital.

The two partners will focus primarily on hydrogen fuel cell research

Sales of commercial vehicles over 2 tons gvw fell by over 12% year-on-year to 255,680 units in the first nine months of 2024.