The German trailer manufacturer's earnings before interest and taxes (EBIT) were positive, standing at EUR108.5m – whereas the company reported a loss of EUR15m the year before.

The second edition of this event (the first was led a year ago) is aimed at increasing collaboration with its supply chain partners to reduce carbon emissions.

The two companies have announced plans to integrate Adastec’s ‘Flowride.ai’ technology with the ‘Vicinity Lightning’ battery electric bus.

Vietnam’s market for commercial vehicles over 2 tons gvw continued to fall sharply in the second quarter of 2023 compared with the same period of last year.

VWCO appoints new importer, which invests in new Customer Service Centre in Amman, Jordan.

The Bill, if passed, is expected catalyse faster renewal of Brazil’s national bus fleets with more modern less polluting and less environmentally harmful vehicles.

The special edition truck is to mark 10 years of operations in Brazil and just 120 of these limited edition models are to be produced and sold.

The commercial vehicle market over 2 tons gvw in South Korea expanded by just over 3% in the second quarter of 2023 compared with the same period of last year.

A Reuters report yesterday announced that the Swedish-based electric vehicle startup has decided to file for bankruptcy in its home country.

This year, the Michelin Group is celebrating an important milestone in its long history of motor tyre manufacturing. In 1923, the French company developed a method for applying a new tread to old tyres, thus extending their useful life. One hundred years later, Michelin Tyre Plc commemorated the anniversary at the ‘Michelin Remix’ factory in Stoke-on-Trent, UK, where the company has been retreading truck and bus tyres since 1968.

The purchase will enlarge WEG's turnover and global reach substantially. The net operating revenue of these businesses in 2022 was approximately BRA 2.8 billion (USD541.5m), with an adjusted EBITDA margin of 9.5%.

The Thai market for commercial vehicles over 2 tons gvw is estimated to have fallen by 37% in the second quarter of 2023 compared with the same period of last year.