Set to go to market in Q1 2024, this safety system is designed to reduce the risk of accidents, extend the service life of the tyre and minimise fuel costs (and CO2 emissions) by optimising tyre pressure and therefore performance.

Domestic sales of buses and coaches (7.5t gvw and above) increased by 47.7% in the second quarter (July to September, Q2) of the financial year 2023-24 to register 11,321 units, up from 7,665 units in the same period of FY 2022-23.

The company cut 150 jobs in the U.S. and Canada amid financial pressure as it seeks profitability. The cuts came in the manufacturing and administrative segments of the business.

Sales of light-duty buses (7.5t & below) surged by 24% to register 13,142 units in Q2 of FY 2023-24 from 10,595 units in Q2 of FY2022-23.

Through Connected Mobility, customers can procure new tyres, access services to maintain and optimise their tyres, and make use of digital tools such as fleet management and tyre pressure monitoring.

Sales of LCV goods carrier vehicles (trucks) of gvw ≤ 7.5t remained steady in Q2 of FY 2023-24, rising just 0.5% to 140,991 units compared with 141,635 units in same period of FY 2022-23.

Accountancy firm Price Bailey reported on 1 December that, between 30 September 2022 & 2023, a record number of British haulage businesses went bust, more than double the amount from two years ago.

Tractor sales grew by 43.5% during the second quarter (Q2) of FY 2023-24 to register 17,539 units compared with 12,221 units in the same quarter of the previous year (FY 2022-23).

Administrators from professional services firm Alvarez & Marsal sold the UK business and assets to a new entity, ‘Volta Commercial Vehicles Ltd’, supported by a hedge fund of Luxor Capital Group.

Sales of medium- and heavy-duty rigid trucks (7.5t gvw and above) in India grew by 8.7% in the second fiscal quarter (July-September, Q2) of FY 2023-24 to register 64,995 units from 59,778 units in the same quarter of fiscal year 2022-23.