Core Viewpoint - Tata Motors Commercial Vehicles has shown strong short-term performance despite a recent decline following a block deal by BNP Paribas, indicating potential investor interest and market resilience [1][6]. Group 1: Stock Performance - Following a block deal where BNP Paribas acquired over 35.43 lakh shares at Rs 429.30 each, the stock declined over 2% to settle at Rs 432.35 on the NSE [1]. - Despite this dip, the stock has gained nearly 10% over the past month and has rallied about 29% from its market debut price of Rs 335 [1][2]. - The current market capitalization of Tata Motors Commercial Vehicles is approximately Rs 1.59 lakh crore [1]. Group 2: Technical Indicators - The stock's 14-day Relative Strength Index (RSI) is at 61.5, indicating healthy momentum without signs of extreme overbought conditions [5]. - An RSI reading below 30 indicates oversold conditions, while above 70 suggests overbought territory, positioning the stock with room for further movement [5]. Group 3: Institutional Interest - Institutional interest has resurfaced, and with supportive technical indicators, Tata Motors Commercial Vehicles is expected to remain on investors' radar in the near term [6].

Group 1 - Mitsubishi Fuso Truck and Bus Corporation (MFTBC) has appointed Switzerland's Emil Frey Group as its general distributor in 21 European markets, providing sales and aftermarket services for the Fuso brand [1][4] - The reorganization of MFTBC's European distribution and sales operations is part of the integration of the Fuso and Hino brands under a new holding company, Archion, with the merger expected to be completed on April 1, 2026 [2] - Emil Frey Group, established in 1924, has a strong sales, service, and logistics network across Europe, employing around 25,000 people and selling over 600,000 vehicles annually [3] Group 2 - The countries where Fuso distribution and sales operations will be established include Albania, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, the Czech Republic, France, Germany, Greece, Hungary, Kosovo, Liechtenstein, Monaco, Montenegro, North Macedonia, Poland, Romania, Switzerland, Serbia, Slovakia, and Slovenia [4] - MFTBC's head of International Sales and Customer Services expressed confidence that the partnership with Emil Frey will combine Fuso's innovative products with Emil Frey's extensive network, delivering exceptional value to customers [5] - Emil Frey Group's CEO highlighted the importance of their strong customer focus and market expertise, which, combined with MFTBC's innovative products, will enhance service delivery to customers and dealer partners [5]

Core Viewpoint - In 2025, the commercial vehicle market in China experienced growth in both domestic demand and exports, driven by strong policy support for new energy vehicles, leading to a structural recovery and growth in the market [1][24]. Production and Sales Data - In December 2025, China's automobile production and sales reached 3.296 million and 3.272 million units, respectively, with a month-on-month decline of 6.7% and 4.6%, and a year-on-year decline of 2.1% and 6.2% [1]. - For the entire year of 2025, automobile production and sales totaled 34.531 million and 34.400 million units, marking a year-on-year increase of 10.4% and 9.4%, with production and sales remaining above 30 million units for three consecutive years [1][24]. Commercial Vehicle Performance - In December 2025, commercial vehicle production and sales were 416,000 and 425,000 units, respectively, with month-on-month increases of 7.4% and 8.5%, and year-on-year increases of 15.5% and 15.3% [1][3]. - For the entire year, commercial vehicle production and sales reached 4.261 million and 4.296 million units, reflecting year-on-year growth of 12% and 10.9% [3]. Truck Segment Insights - In December 2025, truck production and sales were 357,000 and 361,000 units, with month-on-month increases of 7.2% and 6.7%, and year-on-year increases of 17.6% and 17.2% [5]. - Heavy-duty truck sales reached 1.145 million units for the year, showing a significant year-on-year increase of 27% [7]. Bus Segment Insights - In December 2025, bus production and sales were 59,000 and 64,000 units, with month-on-month increases of 8.6% and 20.1%, and year-on-year increases of 3.9% and 5.5% [8]. - For the entire year, bus production and sales totaled 568,000 and 574,000 units, with year-on-year growth of 11.8% and 12.3% [11]. Pickup Truck Performance - In 2025, pickup truck production and sales reached 591,000 and 609,000 units, with year-on-year increases of 12.6% and 11.1% [10]. Export Performance - In December 2025, commercial vehicle exports reached 112,000 units, with a month-on-month increase of 7.3% and a year-on-year increase of 42.4% [17][18]. - For the entire year, commercial vehicle exports totaled 1.06 million units, reflecting a year-on-year growth of 17.2% [20]. New Energy Vehicle Insights - In December 2025, domestic sales of new energy commercial vehicles reached 120,000 units, with a month-on-month increase of 23.2% and a year-on-year increase of 72%, accounting for 38.3% of total commercial vehicle sales [20]. - For the entire year, domestic sales of new energy commercial vehicles reached 871,000 units, with a year-on-year growth of 63.7%, representing 26.9% of total commercial vehicle sales [20].

Core Insights - ACT Expo 2026 will feature keynote addresses from Stephen Roy of Mack Trucks and RJ Scaringe of Rivian, focusing on the future of commercial transportation [1][5] Group 1: Event Overview - ACT Expo 2026 is scheduled for May 4 to 7, 2026, at the Las Vegas Convention Center, aimed at helping fleets address rising costs and technology advancements [2][8] - The event will gather fleet operators, OEMs, technology providers, and policymakers to discuss advanced transportation technologies [8][9] Group 2: Keynote Highlights - Stephen Roy's keynote will discuss how connected systems and AI are transforming commercial vehicles, emphasizing the importance of digital intelligence for operational performance [3][4] - RJ Scaringe's keynote will focus on Rivian's role in commercial transportation, particularly in large-scale electric vehicle deployments and their impact on fleet operations [5][6] Group 3: Industry Trends - The conference will address the integration of AI, automation, and zero-emission solutions in commercial transportation, helping fleets prioritize technologies for the next decade [7][9] - Insights from real-world deployments will be shared, highlighting how thoughtful vehicle design and software can enhance fleet reliability and reduce costs [6][7]

Core Viewpoint - Multi Ways Holdings Limited has made a significant investment by ordering 62 Sinotruk vehicles valued at approximately S$8.24 million (US$6.4 million) to expand its fleet and address growing demand in the construction and logistics sectors [1][2][4]. Group 1: Fleet Expansion - The order includes 40 Sitrak G7 8x4 cement mixers and 22 Sitrak G7 8x4 tipper trucks, all equipped with HOWO automatic transmission systems [2]. - Delivery of the vehicles is expected within approximately three months, and they will come with a one-year warranty on engine, gearbox, and axle components [2]. Group 2: Dealership Agreement - Concurrently, the company has entered into a one-year Sinotruk Dealership Agreement with Cycle & Carriage, allowing Multi Ways to act as a non-exclusive dealer for Sinotruk products in Singapore [3]. - This dealership arrangement is expected to create a complementary sales channel, diversifying the company's revenue base [4]. Group 3: Strategic Positioning - The Chairman and CEO of Multi Ways emphasized that this order strengthens the company's commercial vehicle portfolio and positions it to capture opportunities in both equipment rental and direct vehicle sales [4]. - With over two decades of experience, Multi Ways is well-established as a reliable supplier of heavy construction equipment in Singapore and the surrounding region [5].

IVECO S-Way Autonomous Driving Truck with PlusAI The IVECO S-Way Autonomous Driving Truck developed together with PlusAI Turin, Italy / Santa Clara, CA, 12th January 2026. IVECO, the brand of Iveco Group N.V. (EXM: IVG) that designs, manufactures and markets light, medium and heavy commercial vehicles, announces a new programme with long-standing partner PlusAI, a global leader in AI-based virtual driver software for autonomous trucks. The two companies plan to launch the first deployment in Southern Eu ...

Group 1 - Iveco Group has received an 'A' rating in the climate change category of the 2025 CDP assessment, recognizing its leadership in corporate transparency and action on climate change [1] - The company also achieved an 'A-' rating in water security for 2025, both ratings showing improvement over the previous year [2] - Michele Ziosi, Chief Global Affairs & Sustainability Officer, emphasized that the 'A' rating validates the company's climate governance and transparency in disclosures [3] Group 2 - Iveco Group is committed to sustainable business practices and has set bold ESG targets in four areas: net zero carbon emissions, workplace and product safety, life cycle thinking, and inclusion and engagement [3] - The company operates seven major brands, including IVECO, FPT Industrial, IVECO BUS, HEULIEZ, IDV, ASTRA, and IVECO CAPITAL, employing 36,000 people globally [4]

Core Viewpoint - The Jianghuai Kunpeng ET9, showcased at the Wuhan Commercial Vehicle Exhibition, is positioned as an "all-around logistics vehicle" with innovative technologies and user experiences, aiming to redefine the standards of logistics transportation tools in the new energy vehicle sector [1][14]. Design and Comfort - The Kunpeng ET9 features the industry's widest 2170mm high-top flat floor design, providing an interior height of 1850mm and width exceeding 1800mm, creating a spacious environment comparable to a "living cabin" [3][5]. - The ample vertical space allows for the installation of roof racks or storage devices, enhancing the functionality of the driver's cabin as a "mobile home" [3]. Performance and Efficiency - The vehicle is equipped with a pioneering liquid-cooled flat wire high-efficiency electric motor, delivering a maximum power of 180kW, ensuring responsive and linear power output during operation [5]. - The Kunpeng ET9 boasts a drag coefficient as low as 0.33Cd, contributing to over a 15% increase in vehicle range, optimizing energy usage [7][9]. - The vehicle's battery, a custom version from CATL, supports ultra-fast charging, allowing a 20% to 80% state of charge in just 18 minutes, potentially saving users 40-70 minutes of charging time daily, translating to an annual revenue increase of over 5000 yuan [9][11]. Safety Features - The Kunpeng ET9 includes advanced safety systems such as AEB (Automatic Emergency Braking) and FCW (Forward Collision Warning), providing comprehensive 360-degree safety protection for drivers [14]. - Real-world testing demonstrated the vehicle's reliability in terms of range and energy efficiency, reinforcing its capability as a dependable partner for drivers [12][14]. Conclusion - The Kunpeng ET9 represents a significant evolution in the electric light truck market, focusing on user value and operational efficiency, thus offering a superior choice for logistics operators in the transition from policy-driven to value-driven solutions in the new energy vehicle landscape [14][15].

Core Viewpoint - PACCAR Inc. is a leading global manufacturer of commercial trucks, with a market capitalization of $59.2 billion, and is recognized for its premium brands such as Peterbilt, Kenworth, and DAF [1] Financial Performance - Analysts anticipate PACCAR to report Q4 earnings of $1.05 per share, reflecting a 36.8% decrease from $1.66 per share in the same quarter last year [2] - For fiscal 2025, PACCAR's expected EPS is $5.01, down 36.6% from $7.90 in 2024, but is projected to grow nearly 10% year-over-year to $5.51 in fiscal 2026 [3] Stock Performance - Over the past 52 weeks, PACCAR shares have increased by 6.7%, underperforming the S&P 500 Index's 15.7% and the Industrial Select Sector SPDR Fund's 17.9% [4] Dividends - On December 9, PACCAR's Board declared a regular quarterly cash dividend of $0.33 per share and an extra cash dividend of $1.40 per share, leading to a 4.2% increase in share price following the announcement [5] Analyst Ratings - The consensus rating for PACCAR is "Moderate Buy," with 18 analysts covering the stock, including seven "Strong Buys" and 11 "Holds," and the stock is currently trading above the mean price target of $111.70 [6]

Group 1 - Hino Motors has agreed to sell six domestic sales subsidiaries as part of its strategy ahead of a planned merger with Mitsubishi Fuso Truck and Bus Corporation (MFTBC) on April 1, 2026, to form Archion Corporation [1][4] - The company plans to transfer 80% of the shares in five subsidiaries to its Taiwanese distributor, Ho Tai Motor Company, while retaining a 20% stake or less in these companies [2][3] - Hino will also transfer 88.5% of the issued shares of Shizuoka Hino Motors to Aichi Hino Motors Ltd, a long-standing dealer in Aichi Prefecture [3] Group 2 - Hino expects to record a one-off gain from the sale of these shares in the first quarter of the 2026 fiscal year, which begins in April [4] - The merger with MFTBC aims to enhance product and service competitiveness, while both companies will continue to compete in the marketplace [5] - To maintain service quality and address competition law concerns, Hino decided to transfer managerial control of certain domestic sales companies to partners with no capital relationship to either Hino or MFTBC [5]