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Mar 30, 2008

TRUCKMAKERS NEWS * WORLDWIDE

* India - Authorities Approve JV between Daimler Trucks and the Hero Group

Bangalore,Karnataka,India -Machinist.in, by Vijay -28 March 2008: -- The Indian government’s Foreign Investment Promotion Board (FIPB) and the Cabinet Committee on Economic Affairs (CCEA) have both approved the establishment of the Daimler Hero Motors Corporation Ltd. joint venture by Daimler Trucks and the Indian company Hero Group in the first quarter of 2008... The closing for the foundation of the joint venture will be completed by the end of April. Further details concerning the new joint venture will be released at that time... Andreas Renschler and Sunil Kant Munjal signing the Joint Venture contract between Daimler AG and Hero Group...


* ECO-Start ends idle ways
Stuttgart,Germany -Motor Transport/Road Transport, by Will Shiers -28 March 2008: -- Mercedes-Benz is to make its ECO-Start anti-idling device standard across its 7.5-tonne truck range in the near future. The fuel-saving product, automatically switches off the truck's engine whenever it is on stop. It has been available on manual transmission Ategos for a couple of years now, but take-up has been minimal... ECO-Start will be officially relaunched in the Sprinter van at this year's CV Show. Although initially only available with manual gearbox vans, an automatic version is in development...

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