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Jan 22, 2008

TRUCKMAKERS' NEWS * WORLDWIDE

* Italy - Piaggio in cooperation with Daihatsu in light trucks

Milan,Italy -AFX News Limited/FORBES (USA) -22 Jan 2008: -- Piaggio SpA said it has reached an agreement with Daihatsu Motor Co Ltd, under which the Japanese group will provide petrol engines and transmissions for the Italian manufacturer's 'Porter' range of four-wheel light transport vehicles... Daihatsu is also due to supply components for new models of the Porter and Quargo ranges, which will be equipped with diesel and turbodiesel engines produced by Piaggio in India... Piaggio added that PVPL will invest 60-65 mln eur to develop turbodiesel and diesel engines with a size of up to 1,200 cubic centimetres and build a powertrain (engine and transmission) plant at Baramati... (Photo: Piaggio's Porter)



* Russia - The Japanese Cars will be Assembled in Primorye

Vladivostok Techno Holding Company “Sumotory” obtained such a right from the Japanese partners

Vladivostok,Russia -The Vladivostok Times.com -January 19 2008: -- The assembling of the Japanese trucks "Hino" starts in the Primorsky Territory. The Vladivostok Techno Holding Company "Sumotory" obtained such a right from the Japanese partners. In April, 2008 the first trucks of "Hino Dutro" model with the capacity of 3.5 tons and "Hino Ranger" with capacity of 7 tons will come off the assembly line of the Techno Center of the company in Artem... According to the company's experts, price for "our" trucks will be roughly equal to the price of used cars made in Japan in 2003-2004. They also guarantee the good quality. The tucks are expected to be sold throughout the Far East and Siberia.

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