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TRUCKMAKERS ' NEWS WORLDWIDE
* Russia - DaimlerChrysler close to opening bank in
Moscow,Russia -Automotive News Europe, by Anna Smolchenko -August 14, 2007: -- DaimlerChrysler moved a step closer to opening its own bank in Russia by filing for registration with the Central Bank... Tatyana Mervitskaya, head of the financial services department at DaimlerChrysler's leasing division in Russia, said the bank would provide consumer loans as well as financing for its dealers... In June, Toyota received a license, becoming the first foreign carmaker with a permit to establish its own financial operations in Russia... Other major automakers such as BMW are also moving to set up their own financing arms in Russia in a bid to cash in on the country's booming car sales...
* USA - Automotive robot orders accelerate in second quarter
USA -Automotive News (UK), by Michael LeGault -August 15, 2007: -- The North American auto industry continues to flood robotics manufacturers with orders... Orders from North American automakers rose 76 percent in the first half of 2007 compared with the same period last year, according to figures released this week by the Robotics Industries Association...
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