Since its market introduction in 2003, 89,515 units have been registered, of which 85,461 are light trucks and 4,054 are medium trucks, which means an average of 4,475 units per year.

The vehicles were tailor-made for the Middle East market and eighty units of the coach bodies on the Volksbus 17.240 OT chassis were equipped with a removable roof.

Launched in 2003, the company says the VM represents a watershed in Volvo's Brazilian operation. It was the brand's first semi-heavy vehicle in the country, being designed and produced exclusively in the Curitiba (PR) industrial complex, one of Volvo's main factories around the world.

The German trailer manufacturer established two new subsidiaries in Georgia and Kazakhstan, with the aim of strengthening its presence in West and Central Asian markets.

The deal includes the Proterra development centre for battery modules and packs in California and an assembly factory in South Carolina. Whilst details remain sparse at this point, the deal is expected to close in early 2024 and remains subject to the approval of the U.S. Bankruptcy Court.

The new distributor will be responsible for sales of all temperature control refrigeration unit models.

According to data from Bogotá-based Andemos (National Association for Sustainable Mobility) sales in year to September 30, 2023, fell by 35.3% to 19,444 heavy commercial vehicles compared with 30,060 units sold in the same period of 2022.

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.

Allison has partnered with Anadolu Isuzu to integrate this e-axle into its Novo Volt electric midi coach (7.3-metre), marking the first time the eGen Power 85S will be integrated into a midi coach of this kind.

Didier Pfleger is promoted to the position of Executive Chairman from his former role as CEO, and Petr Novotný, who led the company’s Components & Bus Mobility division, succeeds Pfleger as CEO.

Ecuador completed the first nine months of this year with registrations of 8,219 heavy commercial vehicles, a decrease of 4.2% compared with 8,581 vehicles sold in the same period of 2022.

With registrations of 12,881 heavy commercial vehicles during the first nine months of this year, the Peruvian market declined by 6.3% compared with 13,750 units invoiced in the same period of 2022.