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May 21, 2007

TRUCKMAKERS' NEWS WORLDWIDE

* India - Tatas to launch new range of trucks to take on global players
New Delhi,India -My Iris.com/ Economic Times -21 May 2007: -- Tata Motors will introduce a new range of trucks to compete with global players; revamping a whole range of products in the commercial vehicles segment, reports... The auto major sold 298,586 units of commercial vehicles during the last fiscal, a 22% increase over FY 2005-06... In 2008, the company will launch new trucks in the Korean market and has also formed a joint venture company with Thonburi Automotive Assembly Plant, the Thailand-based independent assembler of automobiles, to manufacture, assemble and pick-up trucks. Tata Motors, has plans to set up a plant for its mini-truck, `Ace`, in Uttarakhand with an investment of Rs 10 billion... The company has introduced commercial vehicle models in South Africa, launched Ace in Sri Lanka and also furnished its presence in Ghana... Moreover, Tata Daewoo Commercial Vehicle and Afzal Motors in Pakistan have commissioned a new truck and bus assembling plant in Karachi to assemble heavy-duty trucks...

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