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Sep 23, 2006

Production Plans

* S. Korea - Hyundai Motor to launch new heavy-duty truck range
Seoul,S.Korea - Deutsche Presse Agentur -Sept 20, 2006: -- Automotive group Hyundai Motor announced plans Wednesday to launch a new range of heavy-duty trucks in order to win back its share of the domestic market... The company noted that over the past 15 years, it had seen its share of the home market shrink to 35 per cent due to inroads by foreign competitors... The new family of trucks under the brand-name Trago "includes cargo, tractor and 8x4 tipper/dump trucks which ... have been engineered to match or exceed the durability and reliability benchmarks set by Hyundai's European rivals in the local marketplace notably Volvo, Scania and Mercedes-Benz," the company said...

* USA - Toyota To Consider Diesels Made by Supplier
ANN ARBOR, Mich.,USA -Automotive News, by Richard Truett -Sept 20, 2006: -- Could Toyota break with 50 years of business practices and go outside the company for an engine? It's not out of the question for the diesel engine being planned for the new generation of Toyota's Tundra pickup... Gary Convis, Toyota's executive vice president of engineering and manufacturing for North America said that more than likely, Toyota will develop its own diesel or lean on its heavy-duty commercial-truck division, Hino, for diesel technology...

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