TRUCKMAKERS' NEWS * WORLDWIDE
* USA - Navistar to buy MAN?
Warrenville,ILL,USA -Oliver Dixon in his World Truck’s Blog (UK)/truxstop, by Andreas Viklund -19 July 2008: -- The possibility of Navistar using Caterpillar’s money to buy Volkswagen’s share in MAN has been broached by industry commentator... The agreement by the European authorities to approve Volkswagen’s takeover of Scania has led to speculation about the future of MAN... Dixon reckons Navistar will have new confidence and funds after their recent deal with Caterpillar... Idle speculation or a real possibility? Who knows...
* Sweden - Volvo profits rose 28 percent; strong sales in emerging markets
Stockholm,Sweden -The Associated Press, by LOUISE NORDSTROM -23 July 2008: -- Volvo maintained its outlook for the year, expecting the European truck market to grow by 10 percent this year, and the North American truck market to stay on the same level as in 2007... Swedish truck- and bus-maker Volvo AB on Wednesday reported a 28 percent rise in second-quarter net profit, citing higher sales in Eastern Europe, South America and Asia, but dismayed investors by saying European orders were weakening in an uncertain economy... The Goteborg-based company also maintained its outlook for the year, expecting the European truck market to grow by 10 percent this year, and the North American truck market to stay on the same level as in 2007... Volvo said profit for the three-month period came to 5.1 billion kronor (US$855 million), up largely from 4 billion kronor in the second quarter a year ago...
* USA - Navistar offers new aftermarket APU retrofit
Truck owners and fleets can reduce fuel usage, lower emissions and comply with new anti-idling laws with the new Fleetrite Auxiliary Power Unit
Warrenville,ILL,USA -The Trucker News Services -23 July 2008: -- A retrofit product introduced from Navistar, the company said... The Fleetrite APU is an auxiliary power unit designed as an aftermarket retrofit for all makes and models of Class 8 trucks. Powered by a 14-horsepower, 2-cylinder Caterpillar diesel engine, the unit takes the place of the engine under the hood to efficiently provide driver necessities including heat, air conditioning and power for electronics while the truck is idle... Two CARB-compliant Fleetrite APU models are available depending on the truck’s manufacture date. For 2007 or newer trucks, an APU model is available that requires a diesel particulate filter (DPF) for CARB compliance...
* USA - Overseas demand boosts Paccar
Bellevue ,WASH,USA -Bloomberg News/The Seattle Times (Seattle,WASH), by Alex Lange -July 23, 2008: -- Paccar said said second-quarter profit rose 5.1 percent as the truck maker's sales in Europe helped overcome lower demand in the US... Net income increased to $313.5 million, or 86 cents a share, from $298.3 million, or 79 cents, a year earlier, the Bellevue company said Tuesday. Sales climbed 11 percent to $4.11 billion... Paccar's 31 percent increase in European sales more than made up for its 8.3 percent decline in the U.S., where customers have had to contend with tighter credit and surging diesel-fuel prices. Paccar, which makes Kenworth and Peterbilt trucks, got more than 65 percent of its revenue during the quarter from outside the US....
* Standard Register Recognized by Daimler Trucks North America as "Master of Quality"
Dayton,OH,USA -Business Wire/MarketWatch -Jul 22, 2008: -- Standard Register today announced it has been recognized by Daimler Trucks North America as a Master of Quality supplier for 2007. A six-time recipient of the award, Standard Register is a leading provider of document services and print management solutions... As part of its 21st annual Masters of Quality program, Daimler Trucks North America recognized only 43 of its over 3,000 North American manufacturers that provide components for its Freightliner, Sterling and Western Star truck brands. The Masters of Quality Award is the highest recognition that the company presents to suppliers...
Labels: truckmakers' news worldwide
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