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TRUCKMAKERS' NEWS WORLDWIDE * USA - Truck producer to open new plant
Poteau,OK.USA -NewsOK, by Debbie Blossom -July 31, 2008— A truck manufacturer that last year selected this southeast Oklahoma town of 8,000 for its new headquarters and assembly plant officially will open today... Privately owned Tiger Truck LLC, formerly based in Dallas, has 90 on payroll and plans to employ 300 within two years, founder and Chief Executive Mike Ward said. The company invested $25 million to renovate 150,000 square feet in several buildings in Poteau Industrial Park and has started construction on another 25,000-square-foot building to accommodate projected demand... (See Video) ... Tiger Truck produces several truck models designed by the ChangAn Automobile Group, which is China's third-largest vehicle manufacturer... * India - Tata sees biggest profit decline in five years
New Delhi,India -The Detroit News (Detroit,Mich,USA) -30 July 2008: -- Tata Motors Ltd ., the Indian truck maker that bought Jaguar and Land Rover from Ford Motor Co., reported its biggest decline in quarterly profit in at least five years after raw material costs surged... Net income fell 30 percent to 3.26 billion rupees ($77 million), or 7.68 rupees a share, in the three months ended June 30, from 4.67 billion rupees, or 11.52 rupees, Tata Motors said Wednesday... Labels: truckmakers' news worldwide
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