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TRUCKMAKERS' NEWS WORLDWIDE
* China - Largest Truck Company’s Profit Rises 40%
Hong Kong,China -Bloomberg/Transport Topics -28 Ago 2008: -- China’s largest truck maker, Sinotruk, boosted a first-half profit 40% as consumers rushed to buy vehicles before the introduction of a new emissions regulation... Net income jumped to $112.5 million in the first six months of this year, from last year's $80.7 million, the truck maker said in a Hong Kong Stock Exchange statement, Bloomberg reported... Sales jumped 50% to $2.5 billion, Sinotruk said... Sinotruk sold 67,694 heavy trucks in the first six months of 2008 — 57% higher than last year... Sales were more than double the pace of China’s industry-wide vehicle market, as drivers bought vehicles ahead of the implementation of the Euro III standard, which went into effect in July in China... * USA - ArvinMeritor Dedicates Mexico Plant
USA - Transport Topics -28 Aug 2008: -- Truck components maker ArvinMeritor Inc. said it dedicated a new $30 million manufacturing facility in northern Mexico for trucks built in the United States and Canada... The 400,000-square-foot facility, which eventually will employ 500 people, is already in operation near Monterrey, Mexico, the company said in a statement... The plant will initially produce bevel gearings, where axes of two shafts intersect and the tooth-bearing faces of the gears are conically shaped, and front non-drive steer axle assemblies for U.S. and Canadian truck assembly plants...Labels: truckmakers news worldwide
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