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TRUCKMAKERS NEWS * WORLDWIDE
* USA - CAT to Buy Navistar?
USA - The World Trucks Blog, by Oliver Dixon -February 25, 2008: -- What we know is this. Caterpillar is in the cart as far as On-Highway business goes, and needs to do something. The status quo is not an option here. It can either commit to OH business, or it can exit. 2010 represents a moment of truth for the entire North American truck business, but for Caterpillar, it represents a stark decision. It can stay or it can go. ACERT has bombed, and Caterpillar now runs a very poor second in the US proprietary engine market. It tried to develop a JV with PACCAR; it didn't happen. There have been rumours of an approach to DTNA and an attempt to buy Western Star. No obvious movement on this one either. But, however you cut it, CAT has to carry on trying, or check out of the business... To our minds, there is too much going on here – gag orders, odd launches and the like - to suggest that this is all mere rumour. Something is going on, but any of the three rumours currently doing the rounds would seem to make no sense at all. Navistar may be CAT’s last shot at staying in the game: PACCAR JVs have come to nothing, and Cummins would seem to be opening up the gap between the two proprietary suppliers...
* USA - Judge rules against Freightliner appeal
Portland,OR,USA -The Portland Business Journal -February 21, 2008: -- The Oregon Court of Appeals on Wednesday ruled in favor of Oregon Attorney General Hardy Myers in his effort to collect $210 million from Daimler Trucks North America, formerly known as Freightliner LLC.... The case could move to the state's Supreme Court...
* India - Scania to go it alone as L&T backs out - Tie-up was to market Swedish firm's tipper range
Mumbai,India -The Business Standard, by Swaraj Baggonkar -February 26, 2008: -- Swedish truck and bus maker Scania has firmed up plans to manufacture trucks in India. This follows the decision of the company’s current distribution partner, Larsen and Toubro (L&T), of not venturing into auto manufacturing... A manufacturing presence in India will enable Scania to market its products at competitive rates... At present, the company imports its trucks into India from Sweden as fully-built units attracting huge import duties...
Labels: truckmakers news worldwide
posted by Unknown @ 8:25 PM
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