“Iveco has doubled its market share in the UK over the last five years,” Cutts opens. “Last year, we finished just shy of 5%. That was a tactical decision to grow our vehicle park and volume, re-establishing ourselves as a serious player.”

The first trucks are scheduled to roll off the production line at the former MAN plant in Austria by the end of the year.

The South Korean market for commercial vehicles over 2 tons gvw declined by 13% to 41,648 units in the first quarter of 2025 from 47,744 units in the same period last year.

New system to be available in CVs from 2026.

His departure, effective immediately, leaves day-to-day leadership in the hands of the company’s CFO and COO, while the Supervisory Board searches for a permanent successor.

While BYD did not disclose a definitive timeline for series production or announce any major fleet contracts, the company confirmed that the B13.b will be built at its European bus manufacturing facility in Komárom, Hungary, with production expected to commence later this year.

Volvo will use the money awarded by the EU’s innovation fund to slash carbon emissions from its manufacturing processes at Skövde by as much as 88%.

The Philippine market for commercial vehicles over 2 tons gvw expanded by over 16% to 32,558 units in the first quarter of 2025.

Joint venture to produce leaf springs, with the support of China’s Jiangxi Hongli Auto Parts Company

The project aims to demonstrate multi-vehicle, ultra-fast charging at two large-scale pilot sites, capable of delivering megawatt-level power, significantly reducing charging times for heavy-duty trucks and supporting 24/7 fleet operations. The goal is to achieve a high level of technical readiness, enabling rapid commercial rollout across key European corridors.

MAN said it will begin handing over the first batch of trucks at the end of the third quarter of this year; these will be deployed at various locations across Europe.

Harris said the appointment of Aquila is part of its “ambitious growth plan” in the British market, where it plans to expand its coverage and customer support across every region.