Vietnam’s market for commercial vehicles over 2 tons gvw began to recover in the second quarter of 2024 after almost two years of sharp decline.

The plant is managed by the company’s local subsidiary, Yuchai Power System (Thailand) Company Ltd, based in Samut Prakan just outside Bangkok.

The culminating event of the company’s centenary celebrations was held in Sainte-Claire, the town where Eugène Prévost, founder of the company, was born in 1898.

The company said the Thai plant would be used to supply markets across South-east Asia, Middle East as well as Latin America, replacing the existing C&E Series models.

The Turkish manufacturer, which is a subsidiary of the Koç industrial conglomerate, held a special ceremony at its plant in Sakarya to commemorate the milestones.

The agreement is designed to support Farizon Auto’s expansion in the methanol-hydrogen and electric-powered commercial vehicle segment.

The new building provides eight vehicle bays, accommodating sixteen workspaces and an authorised testing facility lane for Ministry of Transport (MOT) vehicle tests.

South Korea’s commercial vehicle market over 2 tons gvw continued to decline in the second quarter of 2024, by over 12% to 53,662 units from 61,318 units in the same period of last year.

He will replace Andreas Endters, who is serving as interim CEO of the group as well as CEO of the paper business unit.

The Philippine market for commercial vehicles over 2 tons gvw continued to grow in the second quarter of 2024, by just over 4% to 29,273 units from 28,094 units a year earlier.

In July, Renault Trucks hosted journalists in Lyon, France for a media day packed with presentations, workshops, a factory tour, and a ride and drive. No substantial announcements were made; instead, the point of the event was to show how Renault Trucks’ efforts to switch to electric vehicle production have moved from an “industrial and commercial reality” to an “operational reality”.

Nissens will expand its portfolio with an initial range of fifteen EGR coolers that cater for thirty-seven original equipment (OE) part numbers, covering several truck and bus applications with Euro IV, V, and VI engines.