Delivery will start in Q1 2025 with production set to take place in Zhejiang, China. The company views this as a pivotal milestone that not only reinforces its presence in Japan but also sets the stage for additional orders and expanded market share.

This divestment is part of Goodyear's strategic plan to streamline its operations and focus on core business areas. This sale follows Goodyear's recent divestment of its Off-the-Road equipment tyre business to Yokohama Rubber for USD 905 million last year.

Isuzu Group strengthens UD Trucks sales operations in Kenya.

The two partners will focus primarily on hydrogen fuel cell research

Sales of commercial vehicles over 2 tons gvw fell by over 12% year-on-year to 255,680 units in the first nine months of 2024.

Sales declined by 15% to 276,272 in the third quarter of 2024.

According to its trials so far, the hybrid system helps extend the range of the Hiace by 20%, increasing it to 250 km compared with models powered solely by a hydrogen engine.

This agreement is expected to enable both Ashok Leyland and Nidec to work together in developing electric drive motors and control systems that will cater to the specific needs of India's commercial vehicle industry.

The ultimate purpose of the project is to help address Japan’s increasing shortage of long-distance truck drivers.

With Rohm’s technology, Valeo aims to develop a new generation of power modules for electric motor inverters which will go into electric vehicles in multiple segments, from e-bikes to e-trucks.

The Hilux Rangga, first unveiled at last year’s Gaikindo Indonesia International Auto Show, is based on the same IMV* platform as exiting Hilux pickup trucks but has a radical new body design.

MFTBC vehicles are imported into Singapore by Goldbell Engineering Pte Ltd, its local distributor for the last 40 years.