The commercial vehicle manufacturing sector is essential for facilitating the transport of goods and services across industries. It features a range of companies producing various vehicles like trucks, buses, and specialty vans. This sector is at the forefront of innovation, focusing on sustainability and efficiency through advanced technologies such as electric drivetrains and telematics. As urbanization increases, there’s a growing demand for smart logistics solutions. The industry strives to adapt to these demands, harnessing eco-friendly practices and intelligent design, which are paving the way for greener transportation options in the future.

The companies featured in this list are key players in the commercial vehicle arena, spanning global giants and specialized manufacturers. Their headquarters range from Spain to Japan and the United States, showcasing international representation. Founded between the early 20th century and the 2000s, they bring decades of experience to various markets. Most companies focus on specific vehicle categories, offering solutions for logistics, construction, and distribution sectors. Ranging in size from over 10,000 employees to small teams, these firms play critical roles in meeting transportation needs across diverse applications.

Continue reading to discover the top commercial vehicle manufacturing companies.

Top 23 Commercial Vehicles Companies

1. Renault Trucks Commercial Europe

• Website: renault-trucks.com
• Ownership type: Family Owned
• Headquarters: Villamuriel De Cerrato, Castile And León, Spain
• Employee distribution: France 84%, Tunisia 8%, Netherlands 8%
• Founded year: 1992
• Headcount: 1001-5000
• LinkedIn: renault-trucks-commercial-europe

Renault Trucks Commercial Europe, based in Villamuriel De Cerrato, Spain, is a family-owned truck manufacturer that has been operational since 1992. The company specializes in designing, producing, and distributing a comprehensive range of trucks and related services. They cater to various sectors, including distribution and construction, providing solutions that emphasize efficient and sustainable transportation. With a strong commitment to electric mobility, Renault Trucks is actively involved in developing innovative logistics solutions to meet the demands of modern transportation. The company operates through a global network of over 1,400 distributors and service points, ensuring accessibility to their products and services in more than 150 countries. Their dedication to sustainability is evident in their efforts to reduce carbon emissions and promote circular economy practices, including the reconditioning of used trucks. Renault Trucks is part of the Volvo Group, which further enhances its capabilities and market reach.

2. Faw

• Website: faw.com
• Ownership type: Corporate
• Headquarters: Changchun, Jilin, China
• Employee distribution: China 46%, South Africa 21%, Mexico 5%, Other 28%
• Latest funding: December 2022
• Founded year: 1953
• Headcount: 10001+
• LinkedIn: faw

China FAW Group Corp., Ltd., established in 1953, is one of the oldest automotive manufacturers in China. Based in Changchun, Jilin, FAW produces a wide array of vehicles, including passenger cars, buses, and notably, commercial trucks. The company operates under various brands, with Jiefang being its primary commercial vehicle line. FAW has made significant strides in the commercial vehicle market, achieving substantial sales growth, particularly in the Jiefang segment, which saw a 94.5% increase in sales in June 2020 alone. The company has also engaged in international partnerships, such as with Volkswagen and Toyota, to enhance its technological capabilities and market reach. FAW's focus on innovation, including advancements in electric and intelligent vehicles, positions it well for future growth in the commercial vehicle sector.

3. Mitsubishi Fuso Truck and Bus Corporation

• Website: mitsubishi-fuso.com
• Ownership type: Corporate
• Headquarters: Kawasaki, Kanagawa, Japan
• Employee distribution: Japan 90%, Indonesia 5%, Other 6%
• Latest funding: January 2022
• Founded year: 2003
• Headcount: 10001+
• LinkedIn: mitsubishi-fuso-truck-and-bus-corporation

Mitsubishi Fuso Truck and Bus Corporation, established in 2003 and based in Kawasaki, Kanagawa, Japan, is a prominent manufacturer of commercial vehicles and industrial engines. The company produces a range of products, including small, medium, and large trucks, as well as buses, catering to various sectors such as logistics, transportation, and construction. Mitsubishi Fuso is dedicated to enhancing operational efficiency and safety for its customers through innovative solutions. The company has also made strides in electric mobility with products like the eCanter, reflecting its commitment to sustainability and modern transportation needs. With a workforce primarily located in Japan, Mitsubishi Fuso continues to play a vital role in the commercial vehicle industry, providing essential vehicles and services to support business operations.

4. UD Trucks

• Website: udtrucks.com
• Ownership type: Corporate
• Headquarters: Ageo, Saitama, Japan
• Employee distribution: India 42%, Japan 29%, South Africa 9%, Other 20%
• Latest funding: $2.0B, April 2021
• Founded year: 1935
• Headcount: 5001-10000
• LinkedIn: ud-trucks-corporation

UD Trucks Corporation, based in Ageo, Saitama, Japan, is a manufacturer that specializes in diesel trucks, buses, and special-purpose vehicles. Established in 1935, the company has built a reputation for providing reliable vehicles tailored to the needs of businesses in logistics and construction. UD Trucks offers a range of models, including heavy-duty, medium-duty, and light-duty trucks, each designed to meet specific operational requirements. The company emphasizes innovation, focusing on smart logistics and advanced safety features in its vehicles. UD Trucks also provides comprehensive services, including genuine parts, maintenance support, and financial services, ensuring that customers can maximize the efficiency and uptime of their fleets. With a significant employee distribution across countries like India, Japan, and South Africa, UD Trucks maintains a global presence in the commercial vehicle market. In April 2021, the company secured funding amounting to approximately $2.046 billion, indicating investor confidence in its growth potential and strategic direction.

5. Mahindra Truck and Bus

• Website: mahindratruckandbus.com
• Ownership type: Family Owned
• Headquarters: Pune, Maharashtra, India
• Employee distribution: India 100%
• Founded year: 2005
• Headcount: 501-1000
• LinkedIn: mahindra-truck-and-bus

Mahindra Truck and Bus, a division of the Mahindra Group, is based in Pune, Maharashtra, India. Established in 2005, the company focuses on the production of commercial vehicles, including heavy, intermediate, and light trucks, as well as buses. It serves key sectors such as logistics and construction, providing vehicles that are engineered for durability and efficiency. Mahindra Truck and Bus emphasizes after-sales service, ensuring that customers receive reliable support and maintenance for their vehicles. The company operates a network of over 100 dealerships across India, enhancing its service capabilities. Their product range includes models like the BLAZO and FURIO series, which are designed to meet various transportation needs. Mahindra Truck and Bus is committed to innovation and customer satisfaction, making it a notable entity in the commercial vehicle manufacturing industry.

6. Isuzu Commercial Truck of America, Inc.

• Website: isuzucv.com
• Ownership type: Family Owned
• Headquarters: Anaheim, California, United States (USA)
• Employee distribution: United States (USA) 81%, Mexico 6%, India 4%, Other 9%
• Founded year: 1984
• Headcount: 501-1000
• LinkedIn: isuzutrucks

Isuzu Commercial Truck of America, Inc. is a manufacturer based in Anaheim, California, specializing in commercial vehicles, particularly low cab forward trucks. Founded in 1984, the company has built a reputation for providing a range of truck models and services, including parts and maintenance programs. Isuzu primarily targets businesses that require dependable transportation solutions. The company emphasizes efficiency and performance in its offerings, which include the N-Series and F-Series trucks, among others. Isuzu has a strong dealer network, with nearly 300 dealerships across the United States, ensuring that customers have access to necessary services and support. The company is also making strides in the electric vehicle market, with plans to launch new models in the coming years, reflecting its adaptability to changing industry demands.

7. Chrysler Dodge Jeep and Ram Dealer

• Website: ramtrucks.com
• Ownership type: Corporate
• Headquarters: Auburn Hills, Michigan, United States (USA)
• Employee distribution: United States (USA) 64%, Canada 26%, Iraq 5%, Other 5%
• Latest funding: June 2015
• Founded year: 2010
• Headcount: 10001+
• LinkedIn: chrysler-dodge-jeep-and-ram-dealer

Chrysler Dodge Jeep and Ram Dealer, known for its Ram Trucks brand, is an automotive manufacturer based in Auburn Hills, Michigan. Founded in 2010, the company has established itself as a key player in the truck and van market, focusing on vehicles that meet the needs of both individual consumers and businesses. Their product lineup includes a variety of models, such as the Ram 1500, 2500, and 3500, which are designed for performance and capability. The Ram ProMaster series is particularly noteworthy for its utility in commercial applications, providing businesses with reliable transportation solutions. The company has also made strides in electric vehicle technology, with models like the Ram ProMaster EV, reflecting a commitment to innovation and sustainability in the automotive industry.

8. BAIC Group(Beijing Automotive Group CO.,Ltd)

• Website: baicgroup.com.cn
• Ownership type: Private
• Headquarters: Shunyi, Beijing, China
• Employee distribution: China 95%, South Africa 3%, Other 1%
• Latest funding: $1.6B, August 2017
• Founded year: 1958
• Headcount: 10001+
• LinkedIn: baic

BAIC Group, officially known as Beijing Automotive Group Co., Ltd, was founded in 1958 and is headquartered in Shunyi, Beijing, China. The company operates as a private entity and has grown to employ over 10,000 individuals. BAIC Group specializes in the production of both passenger and commercial vehicles, including a notable range of electric models. Their commercial vehicle division, particularly through their subsidiary Foton Motor, produces various types of trucks and buses, catering to both individual consumers and businesses. The company has made significant investments in research and development, focusing on innovation and sustainability within the automotive industry. In 2017, BAIC Group secured funding amounting to 1.6 billion USD, which underscores their commitment to expanding their capabilities and market reach. With a strong emphasis on technology and customer service, BAIC Group aims to provide reliable transportation solutions across different sectors.

9. Ghatge Trucking - BharatBenz Dealer

• Website: bharatbenz.com
• Ownership type: Private
• Headquarters: Pune, Maharashtra, India
• Employee distribution: India 96%, Austria 4%
• Founded year: 1971
• Headcount: 201-500
• LinkedIn: ghatge.bharatbenz

Ghatge Trucking - BharatBenz Dealer, based in Pune, Maharashtra, has been a key player in the commercial vehicle industry since its establishment in 1971. As a private dealer for BharatBenz, the company specializes in the sale and service of trucks and buses designed for the Indian market. BharatBenz, a brand under Daimler Truck AG, is known for its commitment to reliability and efficiency in commercial vehicles. Ghatge Trucking offers a range of vehicles that cater to various sectors, including logistics and construction, ensuring that businesses have access to the right transportation solutions. The company employs between 201 and 500 people, reflecting a solid operational scale within the industry. Their focus on customer service and vehicle maintenance further enhances their role in the commercial vehicle ecosystem.

10. Toyota SA

• Website: toyota.co.za
• Ownership type: Private
• Headquarters: Johannesburg, Gauteng, South Africa
• Employee distribution: South Africa 95%, Other 5%
• Founded year: 1961
• Headcount: 5001-10000
• LinkedIn: toyota-sa

Toyota South Africa Motors, based in Johannesburg, Gauteng, is a prominent automobile manufacturer that specializes in producing vehicles tailored for both consumer and commercial use. Founded in 1961, the company has a rich history in the automotive industry, exporting well-known models such as the Land Cruiser and Stout. Toyota SA is dedicated to providing reliable transportation solutions, addressing the mobility needs of its customers. The company operates a manufacturing plant in Prospecton, Durban, and has a significant workforce, with over 3,000 employees. Their commitment to quality and innovation is reflected in their production processes and employee development programs, which aim to foster talent and improve working conditions. Toyota SA plays a crucial role in the South African automotive landscape, contributing to the local economy and the commercial vehicle sector.

11. VE Commercial Vehicles Ltd.

• Website: vecv.in
• Ownership type: Private
• Headquarters: Gurugram, Haryana, India
• Employee distribution: India 100%
• Founded year: 2008
• Headcount: 5001-10000
• LinkedIn: vecv

VE Commercial Vehicles Ltd. (VECV), founded in 2008 and based in Gurugram, Haryana, India, is a prominent automotive manufacturer specializing in commercial vehicles. The company operates through six business verticals, including Eicher Trucks and Buses, Volvo Trucks India, and Volvo Buses India. VECV is known for its commitment to innovation and sustainability, focusing on modernizing the commercial transportation market in India and other developing nations. The company has made significant strides in engine manufacturing, with its VE Powertrain facility recognized as one of the most advanced in India. VECV's product offerings cater to both transportation and logistics businesses and individual consumers, showcasing their versatility in the market. Their recent initiatives, such as launching electric vehicles and expanding their dealership network, further highlight their active role in the industry.

12. PT Toyota Auto Body - Tokai Extrusion

• Website: toyota-body.co.jp
• Ownership type: Private
• Headquarters: Indonesia
• Employee distribution: Indonesia 100%
• Founded year: 2005
• Headcount: 501-1000
• LinkedIn: tabtokai

PT Toyota Auto Body - Tokai Extrusion is an automotive manufacturer based in Indonesia, established in 2005. As a subsidiary of Toyota Motor Corporation, the company specializes in the production of minivans, commercial vehicles, and SUVs. It serves both individual consumers and businesses, providing vehicles tailored to personal and commercial transportation needs. The company emphasizes quality and innovation in its manufacturing processes, contributing to the automotive industry in Indonesia. With a workforce of approximately 501 to 1000 employees, PT Toyota Auto Body - Tokai Extrusion plays a significant role in the local automotive market, focusing on meeting the demands of commercial vehicle users.

13. United Asia Automotive Group Inc. (UAAGI)

• Website: foton.com.ph
• Ownership type: Private
• Headquarters: Quezon City, Metro Manila, Philippines
• Employee distribution: Philippines 100%
• Founded year: 2006
• Headcount: 201-500
• LinkedIn: fotonph

United Asia Automotive Group Inc. (UAAGI), operating as FOTON Motor Philippines, Inc., is an automotive manufacturer based in Quezon City, Metro Manila. Established in 2006, UAAGI specializes in the production and sale of both passenger and commercial vehicles, with a strong emphasis on trucks. The company has made significant investments in its infrastructure, including a state-of-the-art assembly plant located in the Clark Freeport Zone, which has the capacity to produce 12,000 vehicles annually. UAAGI is a member of the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI), where it ranks ninth overall in the industry. The company is dedicated to enhancing customer satisfaction through robust aftersales services and a growing network of dealerships throughout the Philippines, ensuring accessibility and support for its customers.

14. ISUZU Motors South Africa

• Website: isuzu.co.za
• Ownership type: Corporate
• Headquarters: Gqeberha, Eastern Cape, South Africa
• Employee distribution: South Africa 99%, Other 1%
• Latest funding: May 2017
• Founded year: 2018
• Headcount: 501-1000
• LinkedIn: isuzu-motors-south-africa

ISUZU Motors South Africa (Pty.) Ltd., founded in 2018, is an automobile manufacturer located in Gqeberha, Eastern Cape, South Africa. The company specializes in the production and sale of vehicles, particularly focusing on bakkies and trucks. ISUZU caters to both individual consumers and businesses, providing reliable transportation solutions that are essential for various sectors. In addition to vehicle sales, ISUZU offers financing options and comprehensive vehicle servicing, enhancing the overall customer experience. The company operates primarily within South Africa, with a workforce of approximately 632 employees. Their commitment to quality is reflected in their adherence to ISO 9001 standards and their focus on customer care and support.

15. Volkswagen Caminhões e Ônibus

• Website: vwco.com.br
• Ownership type: Private
• Headquarters: Brazil
• Employee distribution: Brazil 100%
• Founded year: 1981
• Headcount: 5001-10000
• LinkedIn: volkswagen-caminhoes-e-onibus

Volkswagen Caminhões e Ônibus (VWCO) is a Brazilian manufacturer specializing in commercial vehicles, particularly trucks and buses. Founded in 1981, the company has established itself as a key player in the transportation sector, catering to businesses and organizations involved in logistics and public transport. VWCO's product lineup includes a range of vehicles designed for various applications, from urban delivery to long-distance freight. The company emphasizes reliability and efficiency in its vehicles, complemented by maintenance services to ensure optimal performance. VWCO is also a member of the Grupo Traton, which enhances its capabilities and market reach. Their commitment to sustainability is highlighted by the launch of the e-Delivery, Brazil's first fully electric truck, showcasing their focus on innovation and environmental responsibility.

16. Daihatsu Motor Co., Ltd.

• Website: daihatsu.com
• Ownership type: Corporate
• Headquarters: Ikeda, Osaka, Japan
• Employee distribution: Japan 67%, Indonesia 31%, China 2%
• Latest funding: February 2016
• Founded year: 1907
• Headcount: 10001+
• LinkedIn: daihatsu-motor-co-ltd

Daihatsu Motor Co., Ltd. is an automobile manufacturer based in Ikeda, Osaka, Japan, founded in 1907. The company is known for its specialization in kei cars, compact cars, and trucks, catering to the needs of both consumers and businesses. Daihatsu focuses on providing affordable vehicle options that are particularly suited for urban environments and emerging markets in Southeast Asia. With a workforce of over 10,000 employees, the company has a strong operational presence, with a significant portion of its workforce located in Indonesia. Daihatsu has been involved in various initiatives to enhance vehicle safety, quality, and sustainability, reflecting its commitment to innovation in the automotive sector. The company has not reported any recent funding, indicating stability in its operations and a focus on organic growth.

17. Vauxhall Motors Ltd

• Website: vauxhall.co.uk
• Ownership type: Corporate
• Headquarters: Coventry, England, United Kingdom (UK)
• Employee distribution: United Kingdom (UK) 99%
• Latest funding: February 2024
• Founded year: 1903
• Headcount: 1001-5000
• LinkedIn: vauxhall-motors-ltd

Vauxhall Motors Ltd, founded in 1903 and based in Coventry, England, is an automobile manufacturer and retailer that specializes in both passenger cars and commercial vehicles. The company operates through a network of retailers, providing services such as vehicle customization, financing options, and maintenance plans. Vauxhall's commercial vehicle lineup includes models like the Combo, Vivaro, and Movano, which are tailored to meet the demands of businesses. The company is also making strides in electric and hybrid vehicle offerings, reflecting a commitment to modern automotive trends. With approximately 1,680 employees, Vauxhall remains a notable entity in the UK automotive industry, focusing on both consumer and commercial markets.

18. Iveco Brasil

• Website: iveco.com.br
• Ownership type: Private
• Headquarters: Sete Lagoas, Minas Gerais, Brazil
• Employee distribution: Brazil 99%
• Founded year: 1997
• Headcount: 5001-10000
• LinkedIn: iveco-brasil

Iveco Brasil, a subsidiary of Iveco S.p.A., operates out of Sete Lagoas, Minas Gerais, Brazil. Established in 1997, the company specializes in manufacturing heavy trucks, buses, and light utility vehicles. It serves a broad spectrum of industries, including logistics, transportation, and construction, by providing vehicles tailored to meet specific operational demands. With a commitment to innovation and sustainability, Iveco Brasil not only focuses on vehicle production but also offers financial solutions and a comprehensive range of parts and accessories to support its customers. The company employs around 308 individuals and maintains a strong presence in Brazil, with 99% of its workforce located there. Their dedication to enhancing productivity and efficiency in commercial transport positions them as a relevant entity in the industry.

19. Isuzu Philippines Corporation

• Website: isuzuphil.com
• Ownership type: Private
• Headquarters: Santa Rosa, Calabarzon, Philippines
• Employee distribution: Philippines 98%, Other 2%
• Founded year: 1995
• Headcount: 501-1000
• LinkedIn: isuzu-phil-corp

Isuzu Philippines Corporation (IPC) is an automotive manufacturer based in Santa Rosa, Calabarzon, Philippines, founded in 1995. The company specializes in the production and sale of commercial vehicles, including a variety of trucks and utility vehicles. Their product lineup features popular models such as the D-MAX, mu-X, and Traviz, catering to both business and consumer markets. IPC emphasizes quality and customer satisfaction, ensuring that their vehicles meet high performance standards. With a workforce of approximately 500 to 1,000 employees, Isuzu Philippines has made significant contributions to the local automotive industry, often recognized for its commitment to innovation and service excellence. The company has also been involved in various community initiatives, reflecting its role as a responsible corporate citizen. Isuzu's focus on diesel engine technology and its reputation for reliability have solidified its position in the commercial vehicle market in the Philippines.

20. Shacman

• Website: shacman.com
• Ownership type: Private
• Headquarters: Xi'An, Shaanxi, China
• Employee distribution: Uganda 22%, Saudi Arabia 11%, Democratic Republic of the Congo 11%, Other 56%
• Founded year: 1968
• Headcount: 10001+
• LinkedIn: shacman-global

Shacman, officially known as Shaanxi Automobile Group Commercial Vehicle Co., Ltd, is a prominent automotive manufacturer based in Xi'An, Shaanxi, China. Established in 1968, the company specializes in the production of heavy-duty trucks and commercial vehicles. Shacman offers a wide array of products, including the 6000, 5000, and 3000 series trucks, as well as alternative fuel vehicles like electric terminal trucks. The company emphasizes innovation and has invested in research and development to enhance its product offerings, focusing on powertrain efficiency and green energy solutions. Shacman has a robust global footprint, with products sold in over 100 countries and a comprehensive service network that includes numerous overseas offices and service centers. Their commitment to customer service and operational excellence is evident in their extensive support systems for clients, ensuring reliable service and maintenance for their vehicles.

21. Bollinger Motors

• Website: bollingermotors.com
• Ownership type: Corporate
• Headquarters: Oak Park, Michigan, United States (USA)
• Employee distribution: United States (USA) 99%, Other 1%
• Latest funding: Other (Debt), $10.0M, October 2024
• Founded year: 2014
• Headcount: 51-200
• LinkedIn: bollingermotors

Bollinger Motors, founded in 2014 and based in Oak Park, Michigan, is an electric truck manufacturer dedicated to producing all-electric commercial vehicles. The company has shifted its focus towards creating sustainable transportation solutions, particularly through its upcoming B4 and B5 truck models. The B4, a Class 4 truck, is set to electrify fleets starting in the second half of 2024, while the B5, a Class 5 truck, is expected to debut in 2025. Bollinger Motors emphasizes innovation and local manufacturing, aiming to meet the demands of businesses looking for eco-friendly options. The company has recently secured $10 million in funding, reflecting investor confidence in its potential to impact the commercial vehicle market significantly.

22. Volvo Trucks Italia

• Website: volvotrucks.it
• Ownership type: Private
• Headquarters: Bergamo, Lombardy, Italy
• Employee distribution: Italy 100%
• Founded year: 1977
• Headcount: 201-500
• LinkedIn: volvo-trucks-italia

Volvo Trucks Italia, established in 1977 and located in Bergamo, Lombardy, is a prominent manufacturer of heavy-duty trucks. The company operates under the umbrella of the Volvo Group and focuses on producing a wide range of vehicles tailored to meet the needs of the transportation sector. Their product lineup includes various models such as the Volvo FH, FM, FE, and FL, with options for electric and gas-powered trucks. Volvo Trucks Italia emphasizes sustainability and operational efficiency, offering services that include vehicle assistance, fleet management, and maintenance solutions. The company is dedicated to innovation, actively participating in industry events and initiatives aimed at promoting eco-friendly transportation solutions. With a workforce of around 123 employees, Volvo Trucks Italia serves the Italian market exclusively, ensuring a localized approach to customer needs and service delivery.

23. Freightliner Custom Chassis Corporation

• Website: freightlinerchassis.com
• Ownership type: Private
• Headquarters: Gaffney, South Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1995
• Headcount: 501-1000
• LinkedIn: freightliner-custom-chassis-corporation

Freightliner Custom Chassis Corporation (FCCC), founded in 1995 and based in Gaffney, South Carolina, specializes in manufacturing vehicle chassis tailored for motorhomes, buses, and delivery vehicles. As a subsidiary of Daimler Trucks North America, FCCC benefits from a rich heritage of engineering excellence associated with Freightliner and Mercedes-Benz. The company employs around 650 individuals and has carved out a notable position in the RV and commercial transportation markets. FCCC is recognized as the largest manufacturer of diesel walk-in van chassis, with nearly two-thirds of the market share, and it also commands over half of the Class A diesel motorhome chassis market. Their focus on customer needs and technological advancements is evident in their eco-friendly initiatives, including the introduction of hybrid and alternative fuel chassis. FCCC has achieved Zero Waste to Landfill status, showcasing their commitment to sustainability. This combination of market presence, innovation, and environmental responsibility underscores their role in the commercial vehicle manufacturing industry.

Commercial Vehicles Insights: Key Companies

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