The Covid-19 pandemic decimated bus and coach travel demand in India starting two to three years' ago - the market now for public transport is in recovery.

Sales of light-duty passenger vehicles (7.5 tons and below) enjoyed a resurgence in the FY2022-23 ending March 31, 2023, increasing by 122.1%.

The Indian Government's subsidies for transit buses under the FAME programme has reinited sales.

Strong tractor demand in Q4 helps boost production by similar volumes.

Medium and heavy rigid truck sales in India remain the life blood of the road transport sector - sales improve 5.1% during the final quarter of FY2022-23.

The recovery in India's light-duty bus sector seen late last calender year continued into the last quarter of fiscal year 2022-23.

Sales of LCV goods carrier vehicles (light trucks) of gvw ≤ 7.5t fell by 1.2% in Q4 of FY 2022-23 ending March 31, 2023 compared with same period of FY 2021-22.

Overall, in the first quarter 2023, the CV market in China fell by 3%.

Sales of new commercial vehicle in China rebounded by over 29% to 324,000 units in February 2023 from 250,000 units in the same month of last year, reports CAAM.

The VW Meteor, which replaced the TGX MAN truck model, was introduced to Brazil in September 2020.

On 30 March, Schmitz Cargobull UK Ltd marked the official opening of its trailer assembly facility with a ribbon-cutting ceremony attended by customers and members of the press.

Bus and coach and truck exports in Q1 at more than 5,000 unit still significant for Brazil's economy