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TRUCKMAKERS' NEWS * WORLDWIDE
* Japan - GM 'eyes selling truck business to Japan's Isuzu'
Tokyo,Japan -AFP -19 Sept 2008: -- Struggling General Motors Corp. is talking to Isuzu Motors about selling its truck business, in what would mark the first Japanese takeover of a business from the US Big Three, a report said Friday... The US Big Three automakers have been suffering major losses as soaring oil costs and a slowing US economy sap sales... GM is widely expected to lose its nearly eight-decade-old crown as the top world automaker this year to Japan's Toyota Motor Corp... Needing cash, GM decided in 2006 to sell its minority stake in Isuzu -- most of which was bought by Toyota... The Nikkei, which is usually well-informed, said GM approached Isuzu this month about buying its business in mid-sized trucks, most of which are sold in North America... The newspaper, which did not identify its sources, said it was not yet clear whether GM would sell its truck-making plant in the economically ailing US state of Michigan to the Japanese company... If the deal were to go through, Isuzu -- whose main business is small trucks -- would surpass Toyota affiliate Hino Motors as Japan's top truckmaker, the report said... GM is also believed to be considering selling part of stake in DMAX Ltd., an existing joint venture with Isuzu making diesel engines, so that the Japanese company's share would rise from 40 to 50 percent, the report said... (Photo: GM trucks at an assembly plant in Pontiac, Michigan)* South Africa - SA firm to distribute Astra trucks in Southern Africa
Garden View,South Africa -Creamer Media's Mining Weekly, by Irma Venter -19th September 2008: -- Gauteng- and KwaZulu-Natal-based High Power Equipment (HPE) has gained the rights to become the sole Southern African importer and distributor of the Astra ranges of rigid dump trucks and articulated dump trucks. The range includes 28-t, 32-t and 40-t dump trucks, and the soon-to-be-launched 50-t rigid dump truck, and 25-t, 30-t, 35-t, and 40-t articulated dump trucks... With a tare mass of 20,5 t and payload of 28 t, the trucks tip the scales at 48,5 t. Power is delivered by a 10,3 l Iveco Cursor 10 F3A engine... The Italian-made Astra trucks will compete with a number of established products, such as the home-made Bell range... (Picture by: ASTRA - NEWCOMER Astra's range of rigid dump trucks are now available in South Africa )Labels: truckmakers' news worldwide
posted by Unknown @ 5:14 AM
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