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TRUCKS' WORLDWIDE
* USA - Oshkosh Truck to unveil hybrid drive
OSHKOSH,Wis,USA -The Detroit News -15 Nov 2006: -- Oshkosh Truck Corporation plans to unveil its proprietary ProPulse hybrid drive technology for refuse vehicles at the Hybrid Truck Users Forum in San Diego this week. The system helps the engine provide increased fuel economy, reduced emissions, lower life cycle costs and lower interior and exterior noise profiles...
* Sweden - Scania shares slide as MAN bid doubts grow
Stockholm,SWE -Reuters /Frankfurter Allgemeine Zeitung -15 Nov 2006: -- Shares in Swedish truck maker Scania today slipped below the price being offered by rival MAN as doubts grew the German company's bid would succeed. Doubts were fueled by a report in German daily news, that said attempts to reach a friendly merger had broken down and MAN had no choice but to go hostile...
* Japan - Volvo, Nissan Diesel expect savings from tie-up
TOKYO,Japan -Reuters -15 Nov 2006: -- Swedish truck maker Volvo and Japanese partner Nissan Diesel Motor Co. said today they expected their alliance to generate annual savings of $256 million (200 million euros) within five years... Volvo announced in September that it would lift its stake in Nissan Diesel by 33.5 percent to 46.5 percent as part of an alliance aimed at helping Volvo, the world's number two truck maker, bolster its position in Asia...
* USA - Mack, Volvo studies show aerodynamic modifications can improve fuel economy
Washington,D.C.,USA -Truck News, by Adam Ledlow -15 Nov 2006: -- Simple modifications to heavy truck aerodynamics could provide a decrease in fuel costs, according to studies by Mack and Volvo... The OEMs findings were displayed during an event outside the US Department of Energy’s headquarters in Washington, D.C... According to a two-year study by Mack, truck operators could improve their fuel economy by as much as 8% by facilitating smooth air flow around their tractor-trailer units during highway travel...
* USA - ArvinMeritor quarterly loss widens on charges
Chicago,Ill,USA -Reuters -Nov 14, 2006: -- Car and truck parts maker ArvinMeritor Inc. said on Tuesday its quarterly net loss widened sharply as it took impairment charges for its light vehicle emissions technology business... The net loss widened to $274 million, or $3.95 per share, in its fourth-quarter ended Sept. 30, from a loss of $19 million, or 27 cents per share, a year earlier...
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