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The Commercial Vehicle market is composed of a wide range of vehicles used for transporting goods and services. These vehicles include light-duty trucks, medium-duty trucks, heavy-duty trucks, buses, vans, and other specialized vehicles. Light-duty trucks are typically used for short-distance transportation of goods, while medium-duty and heavy-duty trucks are used for long-distance transportation. Buses are used for transporting passengers, while vans are used for transporting goods and services. Specialized vehicles are used for specific purposes, such as firefighting, construction, and military operations.
The Commercial Vehicle market is highly competitive, with many companies offering a variety of vehicles to meet the needs of customers. Some of the major players in the market include Daimler AG, Volvo Group, Ford Motor Company, Volkswagen Group, and Toyota Motor Corporation. Other companies in the market include Isuzu Motors, Hino Motors, Navistar International, and MAN SE. Show Less Read more