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Feb 18, 2008

TRUCKMAKERS' NEWS WORLDWIDE * Venezuela - To Build Combat, Civil Trucks

Caracas,Venezuela -Prensa Latina (Cuba) -Feb 16.2008: -- A Venezuela joint venture will manufacture and sell Venezuelan-made Tiuna military vehicles, increasing production and diversifying its assembly line as a result of recent investments... By presidential decree, 51 percent of the shares are owned by the Compañía Anonima Venezolana de Industrias Militares, while the private company Cenareca, which has so far manufactured the Tiuna vehicle, owns the rest... Before going ahead with the fusion, Cenareca must conclude 310 Tiuna multi-purpose reconnaissance vehicles contracted with the Defense Ministry... By 2010, the first Tiuna civilian vehicles could hit the streets according to a state policy aimed at diversifying the industry and reducing imports... (Photo 2010 Tiuna civilian vehicles)

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