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TRUCK MAKERS' NEWS WORLDWIDE
* Germany - Volkswagen plans for strategic alliances uncertainWolfsburg,Germany -Reuters (USA), by Christiaan Hetzner & Jan Schwartz -Sep 26, 2007: -- Volkswagen's plans for European truckmakers MAN and Scania to merge, or a strategic alliance with Malaysia's Proton are no certainty, VW's top labor leader told on Wednesday... "At the moment, Scania/MAN does not play a role in our corporate discussions...Whether the companies merge in the end is not the crucial issue," said Bernd Osterloh, who is also a member of the supervisory board and 6-man steering committee... (Photo in CHINA, by Nir Elias/REUTERS: A visitor sits in a Volkswagen New Beetle Cabriolet car during The Shanghai Auto Show in Shanghai April 21, 2007. Volkswagen's plans for European truckmakers MAN and Scania to merge, or a strategic alliance with Malaysia's Proton are no certainty, VW's top labor leader told Reuters on Wednesday)
* Japan - Toyota's Hino Gains After Raising Profit Forecast Tokyo,Japan -Bloomberg, by Naoko Fujimura -Sept. 26, 2007: -- Hino Motors Ltd., Japan's biggest maker of heavy-duty trucks, rose to the highest in almost 11 years on the Tokyo Stock Exchange after raising its profit forecast on demand for trucks from the Middle East and South America... Construction booms in Dubai and Brazil fueled sales of Hino's Profia eight-ton trucks, offsetting a slump in domestic demand. Tokyo-based Hino, 50 percent owned by Toyota Motor Corp, also benefited from a weaker yen, which boosted the value of repatriated earnings... (Photo by Toshiyuki Aizawa/Bloomberg News: Hino Motors Ltd. trucks wait for shipment at the company's manufacturing headquarters in the suburbs of Tokyo)
* USA - Navistar workers stay on the job during UAW talks
Warrenville, Ill,USA -Bloomberg News/T he Detroit News -1 Oct 2007: -- Navistar International Corp. said its employees represented by the United Auto Workers are reporting to work while the truckmaker and the union keep trying to reach an agreement after their contract expired earlier today.. The union represents about 3,700 workers at nine U.S. facilities, the Warrenville, Illinois-based company said in a statement. The two sides are negotiating again after breaking off talks at 4 a.m. local time, spokesman Roy Wiley said... Navistar, the maker of International trucks and engines, last week shifted production from its Springfield, Ohio, plant that has UAW workers to nonunion factories in Texas and Mexico until a new contract is ratified...
* India - DaimlerChrysler to start local assembly of trucks by Dec
Mumbai,India -Moneycontrol.com -1 Oct 2007: -- DaimlerChrysler India will start its new plant in early 2009, but will start local assembly of trucks by December this year... It has doubled sales of imported trucks over last year, selling about 100 units this year... “Basically, for the last 8-9 years, we have invested heavily on vendor development in India for operations in Japan, Germany and USA. We can use them as local vendors for our trucks,” said Wilfried Aulbur, MD & CEO, DaimlerChrysler India...
Mumbai,India -Moneycontrol.com -1 Oct 2007: -- DaimlerChrysler India will start its new plant in early 2009, but will start local assembly of trucks by December this year... It has doubled sales of imported trucks over last year, selling about 100 units this year... “Basically, for the last 8-9 years, we have invested heavily on vendor development in India for operations in Japan, Germany and USA. We can use them as local vendors for our trucks,” said Wilfried Aulbur, MD & CEO, DaimlerChrysler India...
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