Medium and heavy rigid truck sales in India remain the life blood of the road transport sector - sales improve 5.1% during the final quarter of FY2022-23.

The existing plant size has been expanded by about a third and now covers 41 hectares: the extension comprises a 32,000-square-metre hall for cab production and a 10,000-square-metre hall for truck modification and final assembly.

UK DAF dealer Greenhous Group has acquired the property and assets of Shrewsbury-based bodybuilder Bulkrite to further enhance its presence in the commercial vehicle market.

Bus body production will be gradually wound down in the first quarter of 2024, and the part of the plant where the bodies are made will be closed down.

This recycling facility is believed to be the first of its kind in India - it complies with the Indian government's Vehicle Scrapping Policy - Voluntary Vehicle Fleet Modernization Program (V-VMP), which took effect on April 1, 2022.

The recovery in India's light-duty bus sector seen late last calender year continued into the last quarter of fiscal year 2022-23.

The German retrofit firm said that the federal government’s funding programmes for commercial electric vehicles, which were launched in 2021 and provide money for retrofitting diesel vehicles, have not made an appreciable impact on customer choices.

Mobileye will supply its autonomous driving hardware along with its ‘Road Experience Management’ real-time mapping software which uses dynamic roadmaps to inform the autonomous vehicle’s decision making.

Coliseum Capital Management already holds 12.4% of NFI’s issued and outstanding common shares; following the closure of the private placement on 30 June, the investment firm will own over a third of all NFI’s shares.

Volvo Trucks' says its e-truck sales already exceeds 5,000 units worldwide.

There is significant capital to be invested in the company with the explicit aim of doubling its manufacturing capacity by the end of 2027 to service both the OE and aftermarket segments.

The eCitaro fuel cell utilises a battery-electric drive system with high-performance NMC3 batteries while the fuel cell acts as a hydrogen generator to extend the range. With a range of 350km on a single charge, the articulated version offers space for 128 passengers.