User-agent: Mediapartners-Google* Disallow: Trucks World News: TRUCKMAKERS' NEWS * WORLDWIDE - Volvo announces plans to lay off 2,000 workers
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Jun 26, 2008

TRUCKMAKERS' NEWS * WORLDWIDE - Volvo announces plans to lay off 2,000 workers

Ford's Swedish subsidiary is trying to cut costs by $700 million as sales erode in tough U.S. market.

Gothenburg,Sweden -The Detroit News (Detroit,MICH,USA), by Bryce G. Hoffman -27 June 2008: -- Volvo Cars, Ford Motor Co.'s Swedish subsidiary, announced Wednesday that it is axing 2,000 workers, citing weakening sales in the United States... These cuts amount to an 8 percent reduction of the brand's worldwide work force. They come as its parent company is slashing approximately 15 percent of its salaried payroll in North America. They also come on the heels of a two-year downsizing that has seen Volvo's headcount reduced by about 3,000 workers through voluntary buyouts and attrition... Volvo said it will eliminate 1,400 salaried positions, mostly at its headquarters in Gothenburg, Sweden, but including some 300 positions in other countries. It is also eliminating the third shift -- amounting to 600 factory jobs -- at its plant in Torslanda, Sweden...


* USA - International LoneStar Earns EPA SmartWay Certification For Fuel Efficiency, Emissions Reduction

Warrenville,ILL,USA -Truck Net, by Craig Zwiener -June 25, 2008 – One of the first awards for the category-defining new International® LoneStar® may make other truck manufacturers “green” with envy. LoneStar, introduced in February as the first fuel-efficient “Advanced Classic” big-rig truck, has been certified by the U.S. Environmental Protection Agency as a SmartWay truck... The SmartWay program is a voluntary partnership between freight industry sectors and the EPA which establishes recognition and incentives for fuel efficiency improvements and reductions to greenhouse gas emissions. Eligibility for the SmartWay truck certification is based on a comprehensive set of fuel-saving, low-emission equipment specifications for new Class 8 long-haul tractors...


* Japan - Truckmakers to hike prices due to surging raw materials cost

Tokyo,Japan - Nikkei newspaper/Hemscott, by Yasuhiko Seki/Thomson Financial -25 June 2008: -- Mitsubishi Fuso Truck & Bus Corp. and Hino Motors Ltd. will raise the prices of most of their truck models by 3 percent to 5 percent to cope with surging raw materials costs... Mitsubishi Fuso, a unit of Daimler AG, plans to lift suggested retail prices in August, with Hino, a subsidiary of Toyota Motor Corp., to do so around autumn... Isuzu Motors Ltd. is also considering similarly sized increases, the report said... Prices of large trucks capable of carrying 5 tons or more will jump by as much as around 1 million yen ($92,764) from current levels if a 5 percent hike is implemented, it said...

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