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TRUCKMAKERS' NEWS * WORLDWIDE
* Germany - VW says there are no plans to sell Brazil truck ops to MAN
Hanover,Germany -Euro am Sonntag/Thomson Financial/Forbes (NY,USA) -20 July 2008: -- A spokesman for Volkswagen AG. said the company has no plans to sell its Brazilian truck operations to MAN AG., denying an earlier report in Euro am Sonntag... The newspaper had cited sources familiar with the matter as saying MAN is considering purchasing Volkswagen's truck operations there and may decide on the matter before the end of this year... Volkswagen's chief executive Martin Winterkorn earlier this week said he sees no need for VW to bundle its Brazil-based operations with those of MAN and Scania AB, brushing off speculation by analysts... VW expects to close its deal to increase its voting rights in Scania to 68 percent by July 22. The German carmaker holds nearly 30 percent stake in MAN, which in turn owns some 17 pct voting rights in its Swedish truck rival...
* USA - Military contract will build stronger trucks
Detroit,MICH,USA -The Detroit Free Press -July 20, 2008: -- General Dynamics Corp., the largest maker of armored vehicles for the U.S. military, won an order valued at $552 million to build more blast-resistant trucks used to protect troops from roadside bombs in Iraq... General Dynamics will manufacture 773 of the Mine-Resistant, Ambush-Protected vehicles, or MRAPs, for the Marine Corps... The work, scheduled for completion by December 2009, will be done mostly in South Africa, with support from plants in Lansing and Anniston, Ala...Labels: truckmakers' news worldwide
posted by Unknown @ 6:16 AM
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