Top 15 Truck Manufacturers Around The World | Best Truck Manufacturers In The World | These Are The Top 15 Famous Truck Makers
The global truck manufacturing industry is on the apex of major change. After consistent but volatile growth over the past decade, the global truck market for medium- and heavy-duty trucks is estimated to grow by 4.8 percent annually until 2020. Trucks are an essential part to fill in commercial and transportation needs. You might be aware of a couple of truck manufacturers, but to choose the best for your operation, it is necessary to know as much information as possible to the right brand. When it comes to new technologies in the truck market, two worlds of innovation will continue to exist, although they will come somewhat closer together over time. In this blog, we’ve made a list of Best Truck Manufacturers Around The World.
Tata Motors is the largest cargo truck and bus manufacturers in India with a wide range of products in light, intermediate and heavy commercial vehicle. The company has built its wide range of service offerings to keep pace with the changing demands of the market and to meet all customer needs in a timely manner by maintaining competitiveness and quality. This giant truck manufacturer holds around a 50% market share of the commercial vehicle segment in India.
2. Ashok Leyland
Ashok Leyland is a well-known name in the production of commercial vehicles in India. It was founded in 1948 as Ashok Motors and became Ashok Leyland in the year 1955 becoming the 2nd largest truck manufacturer in India, 4th largest manufacturer of buses in the world, and 14th largest manufacturers of trucks. Ashok Leyland reported 12% growth in sales of it’s domestic vehicles, despite the pandemic and global fluctuations. Recently, the company has announced the plans to launch Electric lightweight commercial vehicles. Being an undoubted rival to Tata Motors, Ashok Leyland is one of the trusted truck companies among the drivers as well as business owners.
Mahindra is also one of the most famous and liked truck manufacturer. It was founded by K.J and J.C Mahindra in co-ordination with M.G Muhammad. The company has taken outperformance to the next level, by creating trucks that are specifically designed for different applications and deliver outperformance whatever be the business needs. With high performance vehicles, agile after sales service, extended warranty and several other brand benefits, Mahindra has set a new benchmark in the Indian Trucking industry. Mahindra Truck and Bus Division already has reached more than 52 000 HCV trucks on road. In the LCV segment, Mahindra Truck and Bus Division has a market share of 9.4%. It is all set to further strengthen its position all across India with over 2 00 000 vehicles already on the roads. With great economical price range and great reliability is what makes Mahindra one of the best commercial vehicle manufacturers across the Globe.
4. Eicher Motors
Eicher Motors Limited (EML) is a globally reputable automobile company engaged in the manufacture of motorcycles and commercial vehicles. It is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). EML’s commercial vehicle business is led by VE Commercial Vehicles, which is amongst the leading players in India’s trucks, buses, engines and engineering components segment. The Eicher range includes trucks with 4.9 to 55 tonnage and 12 to 62-seater buses. VECV’s advanced engine manufacturing plant, VE powertrain, is a global hub for medium duty engines for the Volvo Group with Euro VI competencies. The company has won many awards like APOLLO CV AWARDS for consecutively 6 to 7 years and also awards like WHITE PAGE INDIA AWARDS and IAMAI 2019.
5. Asia Motor Works
The AMW or Asia Motor Works is an Indian automotive company, which was founded by Anirudh Bhuwalka in 2002. The company manufactures commercial vehicles, auto components, fully built vehicles and forged components since. There revenue is over 1000 crores INR (US $140 Million) and has their headquarters based at Mumbai. AMW has been manufacturing these in western India in Bhuj within a spread over 2 million sq. meters. Furthermore, the design of these vehicles is based on the 1983-1996 Japanese Mitsubishi Fuso The Great. Being this successful, they have won CV of the year 2008 from NDTV and CV innovation of the year for 2010 from CV magazine and Zee Business News.
6. Hindustan Motors
Hindustan Motors was established during the pre-independence era at Port Okha in Gujarat and is the first and only integrated automobile plant in India. The company is equipped with integrated facilities such as press shop, forge shop, machine shop, aggregate assembly units for engines, axles, etc. However, they currently manufacture the Ambassador in both CNG and LPG variants. Moreover, diesel engine are of 1500 and 2000 cc, while the petrol engine is a 1800 cc engine. The company has won many awards and has 2 plants established in Uttarpara of West Bengal district and Pithampur of Madhya Pradesh district.
7. Force Motors
Force Motors Limited is an Indian multinational automotive manufacturer company, based in Pune. It was established in 1958 and was known as Bajaj Tempo Motors as it was originated as a joint venture between Bachraj Trading Limited and Germany’s Tempo. The company is famous for some of its models like Tempo, Matador, Minidor, Traveller. In addition, it is also India’s largest van maker and is completely vertically integrated, making its own components for the entire product range. Force Motors manufacture almost all kinds of commercial vehcles like Light Commercial Vehicles(LMV), Small Commercial vehicle (SMV), Multi Utility Vehicle (MUV), Agricultural vehicles (AV) and Sports Utility Vehicles (SUV).
8. Bharat Benz
Bharat Benz is a brand of Daimler India Commercial Vehicles (DCIV), which is itself a wholly owned subsidiary pf the German manufacturer Daimler AG. However, it is mainly known for its Trucks and Buses. The company was launched on 17 February 2011 at Chennai by the Chairman Dieter Zetsche and their first Truck was unveiled on 4 January 2012 at the Delhi Expo. Moreover, the Trucks manufactured by the company are built on Mercedes Benz Axor platform and the medium duty Trucks on the Fuso Center and Fuso Fighter series. With an investment of Rs 425 crore, the bus plant is set up for an initial capacity of 1500 units which can be further expanded to 4000 units subsequently.
Volvo Trucks Corporation, stylized as VOLVO, is a global truck manufacturer based in Gothenburg, Sweden, and was world’s second largest manufacturer of heavy-duty trucks. However, the company was reorganised on 1 January 2012 and became separate company and was instead incorporated into Volvo group trucks. The first Volvo truck rolled off the production lines in 1928 and employed more than 52,000 people around the world in 2016. The company manufactures and assembles its trucks in eight wholly owned assembly plants and nine factories. They have their all over the world like in USA, Brazil, Sweden, Belgium, Russia, South Africa, India, Thailand, Australia, Morocco, Saudi Arabia and sells over 190,000 units annually.
10. Swaraj Mazda
SML Isuzu Limited is a commercial vehicle manufacturer established in 1983. It has over 33 years of experience and produces and sells buses, ambulances and customized vehicles and is the first company to manufacture them. The company itself with Sumitomo Corporation hold a 44% and 15% stake of company respectively. The company has got number of Awards and certificates since its debut into the industry.
11. Man Truck
Man Trucks And Bus is a subsidiary of Traton and one of the leading international providers of commercial vehicles. From 1967, MAN collaborated with France’s Saviem and strucked with Volkswagen after that deal. Production of a truck using the Volswagen LT body started in 1979 and ended in 1993 with 72,000 produced. They produce vans in range from 3.0 to 5.5 gvw (gross weight of a vehicle), trucks in range from 7.49 to 44 gvw, heavy good vehicles upto 250 t road train gvw, bus-chasis, coaches, interurban coaches and city buses. They also produce diesel and natural gas engines and are headquartered in Munich, Germany.
Scania AB is a major Swedish manufacturer headquartered in Sodertalje, producing heavy lorries, trucks and buses. It also manufactures diesel engines for heavy vehicles as well as marine and general industrial applications. The company was formed in 1911 and since 1912, the company has been re-loacted again to Sodertalje after the merger. Currently, the brand has production facilities in Sweden, France, Netherlands, Thailand, China, India, Argentina, Brazil, Poland, Russia and Finland. There logo shows a Griffin, from the coat of arms of the province of Scania. The company is even listed on the NASDAQ OMK Stockholm stock exchange from 1996 to 2014 and is also a subsidiary part of Volkswagen.
13. Mack Truck
This is an American truck manufacturing company and a former manufacturer of buses and trolley buses. The company was founded in 1900 as the Mack Brothers Company, it manufactured its first truck in 1907 and adopted its present name in 1922. The entire line of Mack products is produced in Lower Macungie, Pennyslivania and Salem, Virginia. The company ells its products in 45 different countries located near its former Allentown corporate headquarters. Under Volvo, Mack trucks re assembled and individual components for the trucks are made throughout the world.
Tesla is an American automobile company. The company was recently termed as the fastestt growing electric truck manufacturer due to its growing domination in the EV industry. The company is heading the command to replace diesel, petrol, hauling gears with all-electric, heavy duty semi-trucks. Moreover, it is all set to roll out its new electric semis by the end of 2022. With its immense growth in the EV industry and quality feedback by majority of consumers, it is safe to say Tesla are one of the best.
15. Mercedes Truck
Mercedes-Benz trucks are considered as the best picks for adept drivers who admire innovation and shipping operators who drive themselves. The company is a star and stands the facilities along with customer-oriented solutions. Recently, the company celebrated 25 years of their premium model series, Actros and has sold over 1.4 million trucks across the globe. Furthermore, Actros’s every generation was awarded with “International Truck Of The Year” which is almost unparalleled.
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