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TRUCKMAKERS' NEWS
* China - Truckmaker Volvo sales to climb 30% in 2007 in chinese market
Shanghai,China -Reuters/Automotive News (UK) -April 10, 2007: -- Sweden's Volvo AB is targeting 30 percent growth in truck sales in China in 2007, a senior company executive said today... Volvo's truck sales grew 28 percent to 1,173 units in China last year, said Anders Biveby, sales director, Greater China Volvo Trucks... Volvo operates a heavy-duty truck venture with China National Heavy-Duty Truck Corp....
* Sweden - Volvo to invest in Renault Trucks
Stockholm,Sweden -The Detroit News (Detroit,Mich,USA)/Associated Press -April 10, 2007: -- Swedish bus and truckmaker AB Volvo said Tuesday it will invest 530 million kronor ($76.3 million) in a French plant of subsidiary Renault Trucks to increase assembly and painting capacity... Renault Trucks' cab plant in Blainville produces cabs for all of its truck models. The changes at the plant are scheduled to be completed in 2009, the company said in a statement...
* Germany - Daimler weathering NA slowdown
Stuttgart,Ger -Today's Trucking (CAN) -11 Can 2007: -- Despite a sharp downturn in the U.S. market, DaimlerChrysler's trucks division will post an operating profit this year, Andreas Renschler, Daimler's trucks division chief, said... Even though heavy truck sales are expected to drop between 35 and 40 percent in 2007 -- as a result '07 EPA-mandated emissions standards coming into effect -- the company's market leading Freightliner subsidiary is set to post its third-best results ever this year after the boom years of 2005 and 2006, Renschler said...
Labels: truckmakers news
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