The market continued its trend of growth in the third quarter of 2024, reporting a 36.1% increase in registrations to 2,367 compared to the same period of the year before, according to statistics published by the Society of Motor Manufacturers and Traders (SMMT).

The market for heavy goods vehicles (HGVs, i.e., trucks >6t) continued to slow down in the third quarter of 2024, declining by 6% compared with the same period of the year before, according to statistics published by the Society of Motor Manufacturers and Traders (SMMT).

For the period January to September 2024, Brazilian bus production grew by 38% to 21,197 units.

cuador closed the three-quarter period in 2024 at 11,271 units, a 7% decrease on 12,115 units in the same period of 2023, according to Aeade.

According to the Anfavea, a total of 102,611 units rolled off the assembly lines, a significant rise from the 71,765 units produced in 2023.

Domestic sales demonstrated significant growth as well, increasing by 52.8%, while production increased by 24.3%.

The Indian tractor market, ranging from 31 tons to 55 tons GVW (Gross Vehicle Weight), exhibited varied performance in the April to June 2024-25 (Q1/ 2024/25) period compared with the same quarter last year.

Total production across all categories fell by 3.2% from 145,769 to 141,115, indicating a slight contraction in manufacturing output.

The Indian medium and heavy rigid truck market (7.5t gvw and above) from April to June 2024-25 (FY Q1: 2024/25) shows a mix of growth and decline across different GVW (Gross Vehicle Weight) segments when compared with the same period in 2023-24.

Production of bus chassis in Brazil surged by 53.8% in the first half of the year reaching 14,668 units compared with 9,539 units in the same period last year.

Truck output across Brazil totalled 64,391 units in the first half of the year, an increase of 36.5% compared with 47,173 units the same period in 2023. Bus and coach chassis output increased 53.8%

Production of bus and coach bodies in Brazil saw a 4.9% increase in the first six months of this year to 10,851 units from 10,336 units.