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The Commercial Vehicle Manufacturing market is composed of companies that design, manufacture, and assemble commercial vehicles. These vehicles are used for a variety of purposes, including transportation of goods, services, and people. The market is highly competitive, with companies competing for market share and customers. Companies must continually innovate and develop new technologies to remain competitive.
The market is divided into two main segments: light commercial vehicles and heavy commercial vehicles. Light commercial vehicles are typically used for short-distance transportation of goods and services, while heavy commercial vehicles are used for long-distance transportation of goods and services.
Some of the major players in the Commercial Vehicle Manufacturing market include Daimler AG, Volvo Group, Volkswagen AG, Ford Motor Company, and General Motors. Other companies in the market include Isuzu Motors, Tata Motors, Ashok Leyland, and MAN SE. Show Less Read more