Sales of new commercial vehicle in China rebounded by over 29% to 324,000 units in February 2023 from 250,000 units in the same month of last year, reports CAAM.

Bus and coach and truck exports in Q1 at more than 5,000 unit still significant for Brazil's economy

The commercial vehicle segment in Peru reached sales of 3,968 units in the first quarter of this year, down 15.5% compared with the same period last year, when 4,696 vehicles were licensed, according to the AAP (Automotive Association of Peru) of Lima.

3,140 of the total 4,056 CVs registered in Q1 of 2023 were trucks , a decrease of 21.0% compared with 3,973 units sold in the previous first quarter last year.

On 30 March, Schmitz Cargobull UK Ltd marked the official opening of its trailer assembly facility with a ribbon-cutting ceremony attended by customers and members of the press.

Introduction of Proconve P8 (Euro 6) emissions legislation on January 1, 2023, hits orders for trucks and buses.

"The market in 2022 started coming back with between 700 and 800 units registered. The number this year is expected to be well over a 1,000 probably closer to 1,500 maybe even higher at 2,000 units," said Pantuso at the Busworld North America Exhibition in Detroit, USA.

Over the next five years the global market for bus and coach is expected to almost double from around 169,000 in 2022 to 309,000 in 2027, according to Krishna Achutan, Program Manager at Frost & Sullivan speaking at a Busworld foundation seminar at Busworld North America.

Santa Monica-based consultancy and host of the ACT Expo, Gladstein, Neandross & Associates (GNA), released its annual State of Sustainable Fleets report at the ACT Expo in Long Beach, California. In the report’s conclusion, GNA states that significant market and regulatory forces are creating a “perfect storm” that is driving the adoption of zero-emission vehicles across North America.

Under TMB’s “Strategic Plan 2025”, 100% of vehicle purchases by TMB will be low-emission vehicles, with 62% of them expected to be zero-emission.

The North American Council for Freight Efficiency concludes from the reports that significant portions of these segments are currently electrifiable, largely due to their use in repeatable routes that support overnight depot charging, reducing their dependence on sparce public charging infrastructure.

In a review of its home market, Ravia Automotive Co. (Ravia)1 of Tehran provides an insight into the CV markets in Iran and highlights the potential scale of the opportunity for foreign OEMs on resumption of commercial vehicles sales in Iran in the coming years.