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

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.

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.

Year-to-date, truck sales have increased by 4.8%, with a total of 46,785 units sold compared to 44,663 units sold from January to May 2023.

Tractor sales in FY 2023 (financial year ending March 31, 2024) increased by 19.0% to 69,089 units.

Demand for medium and heavy rigid trucks across India declined by 4.4% to total 250,969 units in FY 2023.

Bus and coach domestic sales (>7.5t gvw) in FY2023 (ending March 31, 2024) increased by 38.4% to 53,136 units.