Code: MTA3904 | Publication Date: Jun 2025 |
Top commercial vehicle companies in world
Additionally, the growth is further bolstered by powerful forces including electrification and regional disparities. The development of commercial vehicle industry is spurred several prominent trends such as increasing use of electric and hybrid commercial vehicles, fleet digitization, integration of advanced telematics, and stricter emission regulations prompting fleet upgrades. Apart from this, the rapid expansion of e-commerce and retail logistics continues to restructure fleet configuration across urban and semi-urban regions globally.
Company | Daimler Trucks & Buses (MercedesBenz, Freightliner, Fuso) |
Headquarters | Stuttgart, Germany & Oakville, Ontario, Canada (Freightliner) |
Established Year | 1926 (Daimler AG root) |
Website | Click here |
A world leader owning MercedesBenz Trucks, Freightliner, Western Star, Fuso, and Thomas Built Buses, Daimler is pioneering hydrogen and electric technologies across global lineups
Company | Volvo Trucks & Volvo Buses |
Headquarters | Gothenburg, Sweden |
Established Year | 1927 |
Website | Click here |
Second-largest heavytruck manufacturer globally, Volvo offers advanced safety, fuel-efficiency, and is rolling out hydrogen-powered and electric models
Company | Scania AB |
Headquarters | Södertälje, Sweden |
Established Year | 1891 |
Website | Click here |
Part of Volkswagen Group, Scania is renowned for modular platforms, high-payload capabilities, and sustainability focus, including hydrogen and electric systems
Company | MAN Truck & Bus (Traton Group) |
Headquarters | Munich, Germany |
Established Year | 1758 (as machinery), truck arm since 1907 |
Website | Click here |
A major Traton subsidiary known for TGX/TGL trucks and city buses, MAN is innovating with hydrogen combustion engines
Company | PACCAR (Peterbilt, Kenworth, DAF) |
Headquarters | Bellevue, Washington, USA / Eindhoven, Netherlands |
Established Year | 1905 |
Website | Click here |
Parent of Peterbilt, Kenworth, and DAF, PACCAR is celebrated for innovation, dependable engines, and long-haul truck excellence
Company | Navistar International (Traton Group) |
Headquarters | Lisle, Illinois, USA |
Established Year | 1902 |
Website | Click here |
A leading U.S.-based maker of medium/heavy-duty trucks and engines, Navistar joined Traton in 2021 and is growing its global footprint
Company | Isuzu Motors Ltd. |
Headquarters | Yokohama, Kanagawa, Japan |
Established Year | 1934 |
Website | Click here |
Specializing in diesel-powered commercial vehicles, Isuzu is globally respected for durable, fuel-efficient medium-duty trucks
Company | Hino Motors |
Headquarters | Hino, Tokyo, Japan |
Established Year | 1942 |
Website | Click here |
A Toyota Group company and Asia’s heavy-truck expert, Hino is advancing hybrid and hydrogen models
Company | Mitsubishi Fuso Truck and Bus Corporation |
Headquarters | Kawasaki, Kanagawa, Japan |
Established Year | 1932 |
Website | Click here |
Major global manufacturer of light-to-heavy commercial vehicles under Daimler Trucks ownership
Company | Tata Motors (Commercial Vehicles Division) |
Headquarters | Mumbai, Maharashtra, India |
Established Year | 1945 |
Website | Click here |
India’s top CV maker and a global player, manufacturing trucks, buses, and pioneering electric and hydrogen commercial vehicles