Truck & Bus Builder

Premium Article

Indonesian CV market decline continues in Q2

By Will Pulson – 16th October 2024

The Indonesian market for commercial vehicles over 2 tons gvw continued to weaken in the second quarter of 2024, by 13% to 31,745 units from strong year-earlier sales of 36,474 units.

Malaysia

Premium Article

Decline in commercial vehicle sales in Malaysia continues in Q2

By Will Pulson – 15th October 2024

Malaysia’s commercial vehicle market over 2 tons gvw declined by 14% to 16,243 units in the second quarter of 2024 from 18,788 units a year earlier.

Vietnam

Premium Article

Vietnam’s CV market shows signs of recovery in Q2

By Will Pulson – 14th October 2024

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.

South Korea

Premium Article

South Korea’s CV market decline continues in Q2

By Will Pulson – 10th October 2024

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.

Philippines

Premium Article

The Philippines CV segment enjoys modest growth in Q2

By Will Pulson – 9th October 2024

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.

Japan

Premium Article

Japan’s CV market declines by more than 6% in Q2

By Will Pulson – 8th October 2024

Japan’s commercial vehicle market over 2 tons gvw continued to decline in the second quarter of 2024, by over 6% to 81,114 units from 86,752 units a year earlier.

East Asia & Pacific

Premium Article

Regional sales in East Asia decline continues in Q2

By Will Pulson – 7th October 2024

Sales for commercial vehicles over 2 tons gvw in East Asia’s seven main markets, excluding China, continued to decline in the second quarter of 2024.

Premium Article

India’s bus and coach market displays sturdy growth in Q1, exports take a hit

By RACE Innovations Pvt Ltd – 13th September 2024

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

Premium Article

Medium to heavy minibus/coach demand boost sector numbers in Q1

By RACE Innovations Pvt Ltd – 12th September 2024

The light bus and coach market in India, categorized by vehicles of 7.5t gvw & below, exhibited a mixed performance in April to June 2024-25 (Q1 2024/25) compared with the same period of the previous financial year.

Premium Article

India’s tractor market up 7.3% in Q1 of FY 2024/25

By RACE Innovations Pvt Ltd – 11th September 2024

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.