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TRUCKMAKERS' NEWS WORLDWIDE
* Sweden - Wallenberg family blocking Scania-MAN trucking tie-up
Stockholm,Sweden -The Financial Times Deutschland/ The Local -28 August 2007: -- Swedish investor Peter Wallenberg, who holds a 30 percent stake in Swedish truck-maker Scania, has stalled talks to merge Scania with Germany's MAN and parts of Volkswagen, reported Tuesday... "A simple sale of Scania to a German company is not done that easily without damaging (Wallenberg's) reputation in Sweden," the report quoted an unidentified source familiar with the matter as saying.. The report said that the companies' stakes in each did not provide a simple solution for the merger, which would create Europe's biggest truck maker...
* Sweden - Volvo displays CO2-free trucks
The Volvo Group has produced seven demonstration trucks that can all be driven without emitting any environmentally harmful carbon dioxide
Stockholm,Sweden -Truck News (Canada), by Steven Macleod -30 Aug 2007: -- ... These trucks were exhibited for the first time in Stockholm on Aug. 29 and are equipped with diesel engines, which have been modified to operate on seven different types of renewable liquid and gaseous fuels... The seven Volvo FM trucks are equipped with Volvo’s own 9-litre engines that have been specially modified by the group’s engineers to illustrate the possibilities of carbon-dioxide-free transport. The seven trucks can be operated on the same number of different renewable fuels and/or combinations of fuels: biodiesel, biogas combined with biodiesel, ethanol/methanol, DME, synthetic diesel and hydrogen gas combined with biogas. Since all of these fuels are produced from renewable raw materials, they provide no carbon-dioxide contributions to the ecosystem when combusted... (Volvo has developed seven demonstration model trucks, which run solely on renewable fuels)
* Japan - Isuzu targets 40 pct rise in opg profit by year to March 2011
Tokyo,Japan -AFX/Thomson Financial/Forbes (NY,USA), by umiko nishitani -28 Aug 2007: -- Japan's largest truck maker, Isuzu Motors Ltd, said Tuesday it aims to rack up operating profit of 150 billion yen (USD 1296,3 M) in the year to March 2011, up 40 percent from the 106.98 billion yen earned in the year to March 2007, by focusing on its overseas markets and the production of pick-up trucks... In a bid to reduce costs for developing environment-friendly trucks, Isuzu and Hino Motors, ranked as Japan's second-largest truck maker... Toyota, the world's second-largest automaker, owns 5.9 percent of Isuzu and 50.1 percent of Hino...
* India - Nissan ties up with local company to make small trucks in India
New Delhi,India -The Associated Press/The International Herald Tribune -August 29, 2007: -- Japan's Nissan Motor Co. has tied up with Indian truck and bus maker Ashok Leyland Ltd. to jointly manufacture small trucks and other light commercial vehicles in India, both companies said Wednesday... Nissan and Ashok Leyland have signed three joint venture agreements to make and sell light commercial vehicles in India and also support the Japanese company's worldwide sales through exports from here, said a joint statement from the two companies...
* USA - GM and Isuzu Cozy Up Way Down South
NY,USA - Reuters/Forbes, by Evelyn M. Rusli -29 Aug 2007: -- General Motors may have sold its equity stake in Isuzu Motors last year, but the U.S. truck maker has yet to sever ties with its Japanese peer. On Wednesday, the automakers announced that they have strengthened their strategic alliance in South America to sell trucks in the economically hot region... In a joint statement, the companies said they have signed an agreement that reinforces their existing partnership to sell trucks in Colombia, Ecuador and Venezuela. The companies will work together to launch new truck models, including the Isuzu N-series and F-series...
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