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TRUCKMAKERS' NEWS * USA - Paccar's Hybrids: Anatomy of a Product
U.S. truck maker leverages close supply chain relationships to bring innovative products to the market on time
Bellevue, Wash,USA -Industryweek, by Jonathan Katz -Dec. 1, 2008: -- One U.S. manufacturer that's been at the forefront of hybrid long-haul truck production is Bellevue, Wash.-based Paccar Inc... The company began commercial production of hybrid medium-duty trucks through its Kenworth and Peterbilt divisions in September. Paccar also has produced hybrid trucks in Europe through its Dutch subsidiary Daf Trucks NV... Over the years, Paccar's efforts to develop fuel-efficient vehicles has earned the company praise. In 2006, President Bush presented the National Medal of Technology to Mark Pigott, chairman and CEO, for Paccar's development of lightweight, aerodynamic commercial vehicles. In 2007, Paccar received the Environmental Protection Agency's SmartWay designation for designing reduced-emissions trucks... The company's history of ingenuity and forward thinking has paid dividends. In 2007, Paccar recorded its 69th consecutive year of profitability, though net earnings dropped 18% to $1.2 billion from the previous year. Revenue reached $15.2 billion in 2007, compared with $16.4 billion in 2006. In an October 2008 earnings call, Pigott attributed a slight drop in third-quarter profit to the cyclical trucking industry, which he says typically endures downswings every five years... But whether the company expands production of its hybrids in the future will depend on several factors. "We don't know where oil is going to go. We don't know how the technology in the batteries is going to develop," Preston Feight, chief engineer for the Kenworth Truck Co. says. "If oil goes up, lithium ion batteries become more prevalent and their cost goes down and economies of scale start to work, maybe this is a wide-ranging application"...* BAE wins $1.6B military contractDayton Business Journal
Sealy,TX,USA -The Dayton Bizjournals (Charlotte,NC) -November 12, 2008: -- The U.S. Army has awarded BAE Systems a $1.6 billion contract to build another 10,000 of various trucks, vans and other vehicles... Production will take place at BAE facilities in West Chester and in Sealy, Texas, near Houston for delivery during 2009 and 2010... The latest Army contract follows two previous 2008 contracts totaling $2.1 billion for 10,000 vehicles and program support. The vehicles are part of BAE Systems’ so-called family of medium tactical vehicles, which is known in the industry as “FMTV”. More than 48,000 FMTV trucks and trailers are already in service with the Army, BAE said in a news release Wednesday...Labels: truckmakers news USA
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