The commercial vehicle market over 2 tons gvw expanded by 12% to 91,830 units in the fourth quarter of 2023 boosting annual sales overall.

Sales of commercial vehicles over 2 tons gvw in East Asia’s seven main markets, excluding China, continued to deteriorate in the fourth quarter of 2023, with sales falling by more than 14%.

Formed in 1996, Toyota had gradually increased its stake in the JV andcurrently holds 80.5% of the shares and Panasonic the remaining 19.5%.

The new Canter comes with a wide range of advanced safety features, including ASA, ABA5, TSR, IHC and optional AAA - read on to get to grips with these acronyms.

The companies stated that the merger is delayed due to slower than anticipated processes in obtaining the necessary regulatory clearances and approvals under competition and other laws and regulations.

The first batch of e-Jest vehicles has now been delivered, serving as the first right-hand drive vehicles in the history of the brand.

Isuzu and four other partners include Mitsubishi Corporation, Kanagawa Chuo Kotsu Company, Aisan Technology Company and A-Drive Inc.

Isuzu to source batteries for its electric trucks from LGES.

MFTBC said the partnership is part of its “Fuso eMobility Solutions” programme which supports customers’ shift to battery-powered trucks such as the eCanter light-duty truck.

Hino's shareholding is to be cut from 50% to 4.83% in GAC Hino Motors Company Ltd, with a 39.72% stake being transferred to Guangzhou Automobile Group.

Isuzu to invest THB32bn (USD900m) in its Thai operations over the next five years as it looks to step up its transition to zero-emission vehicles.

Isuzu together with partner, Honda, last month began testing a prototype of the Giga Fuel Cell heavy-duty truck on roads in Japan.