Agrale stated that this new chassis took many months of development work by its engineering team in Brazil to design a product that would meet not only the needs of customers in Argentina and other South American markets, but also to meet international standards export beyond the continent.

The factory produces ICE powertrains for both off-road and on-road vehicles, including the Cursor 9, 10, 11 and 13 heavy-duty engines primarily for the South American market.

Truck and bus registrations above 6 tons gvw during the first quarter of 2024 in Argentina fell by more than 1,000 units.

Annual sales of trucks  and buses in Argentina of 6t gvw and above held up remarkably well in 2023 to register 14,163 vehicles as compared with 14,668, a decline of just 3.4%.

Iveco’s Tector 170 E medium-duty model fell by 19% in 2023 to 1,684 units (2022: 2,079), yet the model remained the most popular truck in the Argentinian CV truck market.

Iveco maintained its sales leadership with 4,199 units sold in the period from January to September this year, resulting in growth of 16.0% compared with 3,620 vehicles in the same period of the previous year.

'Mercedes-Benz Argentina' started operations in Argentina in 1951.

The truck model delivered was the Volkswagen 6x2e-Delivery electric truck at 14 tons gvw.

Iveco confirmed its leadership in the Argentine heavy commercial vehicle market, both by brand, displacing Mercedes-Benz, and by model, with the Tector 170E truck.

This follows on from the new partnership agreement announced in December between VW Argentina and Volkswagen Caminhões e Ônibus Ltda (VWCO).

Foton is one of the largest producers of e-trucks and e-buses in China.

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