TRUCKMAKERS' NEWS * WORLDWIDE
* Sweden - European Safety Award for Volvo Trucks traffic safety expert
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* UK - Volvo Trucks to exhibit at Tankex 2008
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* Sweden - Volvo Trucks supports the industry with Fuelwatch
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* India - Tata Motors announces lower profits due to low demand for trucks and buses
India -Reuters/RoomAuto -9 Oct 2008: -- Indian automobile manufacturer Tata Motors, announced a decrease of 30 percent quarterly profit on fund demand low trucks and buses... Tata Motors, the third car constructor India after Maruti Suzuki and Hyundai, the company owns production and distribution joint ventures with Fiat group. The company owns 60 percent of the market for trucks and buses in India, the fifth market, the largest in the world and has sold 127,361 vehicles in the April-June, registering a growth of 3 percent from the same period last year...
* Germany - Daimler plans to hire 1,000 people next year
Frankfurt,Germany -The Detroit News -10 Oct 2008: -- Daimler AG said Thursday it plans to add more than 1,000 jobs around the world next year despite the world financial crisis... The company said it will create 500 new positions in Stuttgart, Germany, alone... The firm said it is prepared to adjust to market demand through flexibility measures that protect its core business... The comments follow confirmations from a number of European and American car firms this week that they would curb production and lay off employees in light of waning demand and a slumping global economy...
* Germany - MAN May Cut Truck Output as Debt Crisis Slows Orders
Munich,Germany -Bloomberg, by Chris Reiter & Benjamin Rahr -Oct. 10, 2008: -- MAN AG, Europe's third-largest truckmaker, may reduce its workforce and cut production as freight companies delay orders because of the financial crisis... The Munich-based manufacturer plans to cut temporary employees to trim output in an effort to make the changes "undramatic'' for workers, Samuelsson said... MAN's backlog of orders should still allow the company to achieve its goal of delivering more than 100,000 trucks for the first time this year, he said...
* South Africa - Armoured vehicle success steeped in impressive design, manufacture history
Garden View,South Africa -Creamer Media's Engineering news, by Keith Campbell -10 Oct 2008: -- South African industry has gained world renown for what the Americans have come to call mine-resistant and ambush- protected (Mrap) vehicles, thousands of which have been produced, and hundreds of which are on order, for a growing number of international customers, especially the US... But this is not the first time that South African industry has successfully filled a gap in the international light armoured vehicle market. In fact, the history of the design and manufacture of armoured vehicles in this country goes back nearly 70 years - to the start of the Second World War...
* Menlo to Provide Logistics for Navistar
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* USA - Volvo gets more US funds for military trucks
Hagerstown,Maryland,USA -AP/The International Herald Tribune (France) -October 10, 2008: -- Swedish truck maker Volvo will get a $2.4 million federal grant to develop hybrid trucks for the U.S. Army... Maryland Republican congressman Roscoe Bartlett says Volvo's North American powertrain division will use the money to build, test and evaluate up to five heavy trucks powered by a combination of diesel fuel and electricity, The Herald-Mail of Hagerstown reported Friday... The money comes as Volvo nears completion of a contract to produce seven hybrid trucks for the U.S. Air Force... The new engine-and-transmission systems are designed to be more fuel efficient, cleaner and easily maintained than convention diesel powertrains...
Labels: truckmakers' news worldwide
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