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TRUCKS' MAKERS NEWS * WORLD WIDE
* South Korea - Volvo Trucks ‘Struggling’ to Meet Demands
Seoul,South Korea -The Korea Times, by Ryu Jin -28 Oct 2007: -- So you have decided to buy a Volvo heavy duty truck, which would mean that you have done your homework in terms of safety, fuel efficiency and eco-friendliness, that's good... Now get in line... That is the one problem Volvo Truck Korea is facing... There is a lead time for delivery of at least two months and this is keeping customers edgy. After all, a heavy duty truck is a business on wheels...
* India - Nissan, Ashok Leyland to Spend $500 Million in
Chennai,India -Bloomberg, by Jay Shankar -Oct. 29 2007: -- Nissan Motor Co., Japan's third- largest automaker, and an Indian partner will spend $500 million to set up venture to make trucks as economic growth in India spurs commercial vehicle sales... Nissan and Ashok Leyland Ltd., India's second-largest truckmaker, will begin producing vehicles lighter than 8 tons by 2010, the two companies said in a joint release in the southern Indian city of Chennai today. Ashok Leyland will own 51 percent of the venture that can make 100,000 trucks annually, with Nissan owning the remainder... The Japanese company follows Navistar International Corp., MAN AG and other truckmakers in forming Indian ventures as a construction boom spurs sales in the world's second-fastest growing major economy. Nissan is focusing on light commercial vehicles after selling the heavy truck division to Volvo AB in February...
Labels: truckmakers news worldwide
posted by Unknown @ 5:08 AM
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