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.

Vietnam’s market for commercial vehicles over 2 tons gvw continued to fall sharply in the second quarter of 2023 compared with the same period of last year.

The commercial vehicle market over 2 tons gvw in South Korea expanded by just over 3% in the second quarter of 2023 compared with the same period of last year.

The Thai market for commercial vehicles over 2 tons gvw is estimated to have fallen by 37% in the second quarter of 2023 compared with the same period of last year.

The Philippines market for commercial vehicles over 2 tons gvw continued to edge lower in the second quarter of 2023 following a strong rebound to 28,002 units in the same period of last year.

Sales of commercial vehicles in China continued to recover moderately in July 2023, with sales rising by 17% compared with the same month a year earlier.

The Indonesian market for commercial vehicles over 2 tons gvw continued to grow in the second quarter of 2023, albeit at the much slower pace of 5% following a 26% jump in the same period of last year.

The Malaysian commercial vehicle market over 2 tons gvw weakened slightly in the second quarter of 2023, with sales falling by 3% after volumes almost doubled in the same period of last year as the economy rebounded from the previous year’s lockdowns.

Japan’s commercial vehicle market over 2 tons gvw continued to recover in the second quarter of 2023, with sales rising by 11%compared with the same period a year earlier.

Sales of commercial vehicles over 2 tons gvw in East Asia’s seven main markets, excluding China, declined by almost 9% to 308,421 units in the second quarter of 2023 from 338,668 units.