Latest news with #commercialvehicles
Wall Street Journal
an hour ago
- Automotive
- Wall Street Journal
Iveco to Sell Commercial Vehicles Unit to Tata Motors, Defense Business to Leonardo
Italian truck maker Iveco IVG -0.18%decrease; red down pointing triangle Group agreed to sell its commercial vehicles unit to Tata Motors 500570 -3.47%decrease; red down pointing triangle and its defense business to Leonardo LDO 0.19%increase; green up pointing triangle, in deals worth 3.8 billion euros ($4.39 billion) and 1.7 billion euros respectively. The agreements, announced Wednesday, confirm plans set out earlier this year to separate Iveco's defense business from the rest of its operations.
CTV News
2 days ago
- CTV News
OPP catch commercial drivers bypassing inspection station in Ganaoque, Ont.
Ontario Provincial Police say a recent blitz with the Ministry of Transportation (MTO) caught commercial drivers who were taking secondary roads to bypass a truck inspection station in Gananoque. It is illegal to bypass a truck inspection station, OPP say, and on Thursday, officers in the Gananoque area stopped several vehicles attempting to bypass the mandatory inspection. 'Over a dozen commercial vehicle inspections were conducted, six of which occurred after vehicles were located bypassing the station,' police said in a news release. Police say 15 charges were laid, and four commercial vehicles were taken out of service. One driver in particular, a 27-year-old from Woodstock, Ont., is facing a drug possession charge for opioids in addition to traffic-related offences, OPP said. Earlier this month, the OPP and the MTO took 14 commercial vehicles out of service in the Belleville area because of safety defects and other violations, such as overweight vehicles, expired annuals, emissions violations, pre-trip inspection violations, and improper tires, brakes, and registrations.
CNA
23-07-2025
- Automotive
- CNA
COE premiums for cars mostly unchanged; prices up for commercial vehicles and motorcycles
SINGAPORE: Certificate of Entitlement (COE) premiums closed mostly higher in the latest bidding exercise on Wednesday (Jul 23). For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$101,102 (US$79,115), unchanged from the last exercise. Premiums for larger and more powerful cars in Category B fell slightly to S$119,101 from S$119,600. COEs for commercial vehicles, which include goods vehicles and buses, rose to S$68,600 from S$66,689 in the previous bidding exercise. Motorcycle premiums closed at S$9,511, up from S$9,389 in the last exercise. Open category COEs, which can be used for any vehicle type but end up being used mainly for large cars, rose to S$120,000 from S$118,500. A total of 4,480 bids were received, with a quota of 3,059 COEs available.
CBC
18-07-2025
- Automotive
- CBC
American company sets up shop in Tecumseh — despite trade war
Convoy Technologies, an Indiana-based company that makes cameras for commercial vehicles, has opened a $17 million facility in Oldcastle. The company says it has hired a dozen or so locals already and plans to hire between 20 and 40 more. The province has provided more than $300,000 in support. The CBC's Emma Loop reports.
Zawya
18-07-2025
- Automotive
- Zawya
Al Tayer Motors wins seventh Ford Trucks Champions Award
Dubai – Al Tayer Motors, the official Ford Trucks importer-distributor in the United Arab Emirates has won the prestigious Champions Award 2024 for its overall performance in Sales, After-Sales Services, and Marketing. It is the only distributor in the Middle East to receive this accolade for the seventh time. The win comes even as Al Tayer Motors recorded a strong year for its commercial vehicles business in 2024 with sales increases of 40% in the construction and 24% in the logistics segments. 'Winning the Champions Award from Ford Trucks for the seventh time is incredible. This tremendous achievement highlights the unwavering dedication and excellence of our entire team in delivering top-notch services to our customers across the country. As a key player in this dynamic region, we are at the forefront of providing efficient and cost-effective transportation solutions, ensuring smooth operations for major industries. We are thrilled to be leading the charge in this ever-evolving landscape," said Ashok Khanna, Chief Executive Officer of Al Tayer Motors. Al Tayer Motors recently introduced the F-Line series and the 34-ton 6x4 chassis vehicles to an overwhelmingly positive response from customers. The dealership provides competitive long-term warranties up to five years, and with comprehensive service packages on all the vehicles sold by the company. It can also offer tailor-made warranty packages on customer request. 'In line with our vision of creating value through efficient transportation solutions, we maintain a strong presence in heavy commercial markets, aligning with our global growth targets. Thanks to our solid and value-adding partnerships, we continue to provide our customers with high-standard and sustainable services. One of the most valuable of these partnerships is with Al Tayer Motors. I am delighted that they have been awarded the Champions Award for the seventh year. Our unwavering commitment to growth and sustainability ensures that our partnership will continue to thrive, win upcoming awards, and forge new connections with customers,' said Emrah Duman, Vice President, Ford Trucks. In 2025, Al Tayer Motors will introduce enhanced Ford Trucks 3333 Rigid Truck vehicles into the UAE, offering customers a reliable and cost-effective choice of Waste Management and Construction sector transport solutions. Al Tayer Motors retails the full range of commercial vehicles in the UAE including the Construction series, Road series and Tractors. The dealership also has five service facilities in Dubai, Sharjah, Abu Dhabi, Fujairah and Al Ain, which makes the servicing of Ford Trucks very convenient for customers. About Al Tayer Motors Al Tayer Motors was established in 1982 and represents major European, American and Asian automobile manufacturers Ford Trucks, Ford, Lincoln, Jaguar, Land Rover, Maserati, Ferrari, Foton, VinFast and DEEPAL across the UAE. With a growing network of sales, service and parts centres across Dubai, Sharjah, Abu Dhabi, Ras Al Khaimah and Fujairah, the dedicated team of more than 2,800 professionals is committed to taking customer satisfaction to higher levels. In Abu Dhabi, Ford Trucks, Ford, Lincoln, Jaguar, Land Rover, Maserati, Ferrari, Foton, VinFast and DEEPAL, are represented by Al Tayer Motors through Premier Motors. About Ford Trucks: Ford Trucks is Ford's only heavy commercial brand, producing a range of vehicles including tractors, construction trucks, and distribution trucks weighing over 16 tons. The F-MAX and F-LINE series are seen as trusted business partners of customers all over the world. Ford commercial vehicles' proven track record of quality, durability, and efficiency underpins Ford Trucks' international product strategy, delivering the best total cost of ownership promise. Combining expertise in market-specific product development with over sixty years' design and manufacturing experience, Ford Trucks design key components for its vehicles, including all-new engines. Operating across Europe, the Middle East, Africa, and Eurasia, Ford Trucks continues to grow its international network on three continents. Hundreds of thousands of trucks around the world set out each day with the confidence that Ford provides.
