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TRUCKMAKERS' NEWS
* Sweden - Volvo to complete $1.1bn takeoverStockholm,Sweden -Finance24 (Cape Town,South Africa) -25 Mar 2007: -- Swedish truck and busmaker AB Volvo on Saturday said it will complete its 7.5 billion kronor $1.1bn) takeover bid for Japan's Nissan Diesel after roughly 96% of shareholders accepted its offer of the company... The acceptance period for the deal expired on Friday and Volvo said it would now redeem the remaining shares... Volvo's offer will give it full ownership of Nissan Diesel and highlights its ambitions in Asia, where the company has lacked a local brand. It owns Mack Trucks in the US and Renault Trucks in Europe...
* USA - Volvo stabilizes vocational truck
Louisville,Ky,USA -Truck News (CAN), by Steven Macleod -26 Mar 2007: -- The Volvo VHD vocational truck now has Volvo Enhanced Stability Technology (VEST) as standard equipment on all concrete mixers, the technology is also standard across Volvo’s entire range of highway tractors in North America. Volvo made the announcement during the Mid-America Trucking Show in Louisville, Ky. on March 23 along with updates on other company product developments... VEST is a full electronic stability program, engineered to bring a higher level of protection from truck rollover and jackknife, using a standard pneumatic foundation brake system. The Volvo VHD also has a standard antilock brake system (ABS), as well as ABS-based traction control... (Photo: VEST is now standard equipment on Volvo's concrete mixers)
Louisville,Ky,USA -Truck News (CAN), by Steven Macleod -26 Mar 2007: -- The Volvo VHD vocational truck now has Volvo Enhanced Stability Technology (VEST) as standard equipment on all concrete mixers, the technology is also standard across Volvo’s entire range of highway tractors in North America. Volvo made the announcement during the Mid-America Trucking Show in Louisville, Ky. on March 23 along with updates on other company product developments... VEST is a full electronic stability program, engineered to bring a higher level of protection from truck rollover and jackknife, using a standard pneumatic foundation brake system. The Volvo VHD also has a standard antilock brake system (ABS), as well as ABS-based traction control... (Photo: VEST is now standard equipment on Volvo's concrete mixers)
Labels: truckmakers news
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