Ecuador completed the first nine months of this year with registrations of 8,219 heavy commercial vehicles, a decrease of 4.2% compared with 8,581 vehicles sold in the same period of 2022.

With registrations of 12,881 heavy commercial vehicles during the first nine months of this year, the Peruvian market declined by 6.3% compared with 13,750 units invoiced in the same period of 2022.

The economic contraction in Chile went beyond the negative forecasts predicted by the Monthly Economic Activity Indicator in a more pronounced way than estimated and majorly compromised sales of commercial vehicles.

The Uruguayan market in January to September registered 2,242 commercial vehicles (trucks, buses and minibuses) an increase of 8.8% compared with the 2,061 units sold in the same period of 2022.

Brazilian truck production fell by 38.5% in the first nine months of 2023 to 71,765 trucks compared with 116,675 units in the same period of the previous year, according to data from the São Paulo-based ANFAVEA.

All trucks segments recorded a fall in demand, except for semi-light truck segment, which grew by 24.1% totalling 6,638 units in the first nine months compared with 5,348 units in the same period of the previous year.

Brazilian production of bus and coach bodies grew by 9.1% from January to September 2023 with 14,888 units, compared with 13,646 in the same period of the previous year.

According to São Paulo-based ANFAVEA, the result reflected the engine change to Euro 6 compliance in January, which made the vehicles 20% to 30% more expensive.

" .... the European truck market appeared to defy deteriorating macro conditions this summer as selling rates rose sharply."

73.5% of all new city buses (excludes intercity buses, coaches and trolleybuses) registered in Europe in the first half of 2023 had an alternative driveline, states CME Solutions.

All three segments, city bus, intercity and coach showed registration volume rises.

The CV market’s recovery picked up momentum in August, as the economy continued its recovery following last year’s Covid lockdowns.