Sales of commercial vehicles over 2 tons gvw in East Asia’s seven main markets, excluding China, fell by over 2% year-on-year to 372,543 units in the first quarter of 2023 after growing just 1.6% to 364,641 units in the fourth quarter of last year.

This moves comes on the back of a major repower bus order in the Capital and to combat competition primarily coming from Chinese OEMs.

June saw Hyundai sign a memorandum of understanding with the South Korean Ministry of Environment, the Seoul Metropolitan Government and others to convert more than 1,300 public transportation vehicles to hydrogen fuel cell power by 2026.

Economic growth in the country accelerated to 4.5% year-on-year in the first quarter of 2023, up from a multi-decade low of 3.0% in the whole of last year, as the country began a gradual recovery from the Covid pandemic.

The new distribution centre replaces the existing facility in Atsugi City, Kanagawa Prefecture, which had been the company’s main parts distribution hub since it was first opened in 1978.

This fall was sharper than the overall economy. Economic growth slowed to 3.3% year-on-year in the first quarter of 2023 from 5.9% in the previous quarter and 8% in the whole of 2022.

Isuzu and Honda joined forces in 2020 to develop heavy-duty trucks powered by hydrogen fuel cells and have now successfully developed a prototype based on Isuzu’s Giga truck

The strong sales growth came about despite economic growth continuing to slow sharply in the first quarter to 0.8% year-on-year from 1.4% in the fourth quarter and 2.6% in the whole of last year.

The market continued to decline despite a pick-up in economic growth to 2.7% year-on-year in the first quarter after slowing to 1.4% in the fourth quarter of last year.

The agreement between Toyota and Komatsu is to further enhance safety in mineral extraction operations. Komatsu has so far deployed 650 heavy duty mining trucks with its Autonomous Haulage System ()at 22 mining sites in five different countries,

Commercial vehicle sales in the first four months of 2023 were up by almost 9% after declining by 40% in the same period of last year.

The new generation eCanter will initially be offered in 17 European markets (France, Spain, Portugal, Italy, the UK, Ireland, Germany, Austria, Switzerland, Belgium, the Czech Republic, Denmark, Sweden, Finland, Slovakia, Greece and Poland).