Electric Commercial Vehicle
market is expected to progress with the substantial CAGR during the period, 2018 to 2023.
In the commercial vehicle
group, production surged 14 percent, 12 percent in light commercial vehicles
, heavy duty commercial vehicles
46 percent respectively in the first two months this year over the same period last year.
(Hari) grew sales by nearly 10 percent in the first half on strong demand for light commercial vehicles
Hyundai's light commercial vehicles
and commercial vehicles
, meanwhile, garnered much interest.
Lawrence Good, Mercedes-Benz Oman CEO, said, 'We were delighted to host so many of our commercial vehicle
customers during this year's Ramadan iftars.
Accuride said the acquisition of Mefro Wheels will solidify Accuride's position for future growth as a supplier of wheel end solutions to the global commercial vehicle
industry, enabling us to better serve the needs of our global customers.
By doing so they help improve the operational efficiency and safety of commercial vehicle
Accuride's products include commercial vehicle
wheels and wheel end components and assemblies.
New York, NY, October 28, 2016 --(PR.com)-- According to "Saudi Arabia Commercial Vehicles
Market Forecast & Opportunities, 2021," the market for commercial vehicles
in Saudi Arabia is projected to grow at a CAGR of over 9% during 2016 - 2021, on account of robust infrastructural developments coupled with growing logistics requirements arising from construction and MSME sectors.
Launching, Dr Wolfgang Bernhard, Daimler AG board of management member responsible for Daimler Trucks & Buses, stated: "Our new regional centre will focus entirely on the commercial vehicle
business, and allow us to respond even faster and better to the needs of our customers.
Mercedes-Benz Commercial Vehicles
is one of the dominant players in the commercial vehicle