The Thai commercial vehicle market over 2 tons gvw continued to decline in the first quarter of 2025.

Prices for cargo van variant start at USD19,000.

“Iveco has doubled its market share in the UK over the last five years,” Cutts opens. “Last year, we finished just shy of 5%. That was a tactical decision to grow our vehicle park and volume, re-establishing ourselves as a serious player.”

The first trucks are scheduled to roll off the production line at the former MAN plant in Austria by the end of the year.

The South Korean market for commercial vehicles over 2 tons gvw declined by 13% to 41,648 units in the first quarter of 2025 from 47,744 units in the same period last year.

New system to be available in CVs from 2026.

While BYD did not disclose a definitive timeline for series production or announce any major fleet contracts, the company confirmed that the B13.b will be built at its European bus manufacturing facility in Komárom, Hungary, with production expected to commence later this year.

Volvo will use the money awarded by the EU’s innovation fund to slash carbon emissions from its manufacturing processes at Skövde by as much as 88%.

The Philippine market for commercial vehicles over 2 tons gvw expanded by over 16% to 32,558 units in the first quarter of 2025.

MAN said it will begin handing over the first batch of trucks at the end of the third quarter of this year; these will be deployed at various locations across Europe.

Harris said the appointment of Aquila is part of its “ambitious growth plan” in the British market, where it plans to expand its coverage and customer support across every region.

The first units have been delivered to Italian transport company, LC3 Trasporti, as part of a 30 vehicle order. This is part of Daimler’s strategy to promote and sell its flagship battery electric HGV.