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.

Karsan is entering the Dutch market for the first time after signing an agreement to export two level 4 autonomous e-Atak electric buses in Q4 2024, to Rotterdam-based public transport operator RET (Rotterdamse Elektrische Tram).

Relaunch of the business is now underway with a team of around 150 employees who are focusing on bringing the 16-tonne and 18-tonne battery electric truck models back to the European market.

Amanda Figg is now AAG’s new Chief Technology Officer. Figg is tasked with leveraging data and new technologies to unlock new business opportunities as well as better support AAG’s existing customers.

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%.

CaetanoBus to supply 10 H2.City Gold electric hydrogen-powered buses to Austrian public transport operator Wiener Linien.

ADL launched its next-generation electric Enviro400EV double-decker in late 2023. Stagecoach ordered 55 units, with full delivery over the course of 2024. The buses will operate in Oxford's low-emission Smart Zone.

Iveco and Ford Otosan have signed a non-binding Memorandum of Understanding (MOU) to explore the potential co-development of heavy-duty vehicle cabins.

For commercial vehicles, Havis produces in-cabin docking stations for computers and consoles, as well as heavy-duty mounts and storage units for equipment.

The facility, which is at full-scale production, manufactures drive belts for the North American market to fulfil increased aftermarket and light vehicle demand.

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%.

Iveco announced that it has reached an agreement with German private equity firm, Mutares SE & Co. KGaA, to sell its firefighting vehicle manufacturing unit (Magirus GmbH) for an undisclosed fee, pending regulatory approval.