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TRUCKS MAKERS WORLD WIDE
* Daimler 'very close' to truck deal for IndiaDetroit,Mich,USA -Reuters, by Kevin Krolicki -Oct 19, 2007: -- Daimler AG is very close to announcing a joint venture with an Indian partner to produce commercial trucks for the Indian market, a senior Daimler executive said on Friday... "In India, we are very close to an announcement," Andreas Renschler said, speaking to reporters at an event in Detroit to mark the launch a new heavy-duty diesel engine. "We have found a partner"... Daimler will also decide late this year or early next year where to build a truck assembly facility in Russia, said Renschler, who heads the German automaker's Daimler Trucks unit and is a member of the board of management... Daimler, which ranks as the world's largest maker of medium- and heavy-duty trucks, is targeting growth in emerging markets including India, Russia and China, but has found it must take a different approach in each, he said... For the Russian truck market, fleet operators are looking for vehicles that can be used in Europe, with some signs of demand for the long-haul Freightliner-branded trucks Daimler builds in the United States, he said... (Photo: A Freightliner truck)
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