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TRUCKMAKERS' NEWS * WORLDWIDE
* Germany - Scania Drops After Porsche Makes Mandatory Bid for Truckmaker
Stuttgar,Germany -Bloomberg, By Benedikt Kammel -Jan. 19, 2009: -- Scania AB, Sweden’s second-largest maker of heavy trucks, declined as much as 1.1 percent after Germany’s Porsche SE made a mandatory bid for the company that’s lower than Scania’s last stock price before the offer... Porsche is bidding 67.1 kronor for each Scania Class B share, and 68.52 kronor for each Class A share, the Stuttgart-based company said in a release today. The bid values Scania at about 31.6 billion kronor ($3.91 billion), Porsche said... Scania, based in Soedertaelje near Stockholm, dropped as much as 0.75 krona to 68.25 kronor in the Swedish capital. The Class B shares, which are more widely traded, closed at 69 kronor on Jan. 16...* South Africa - MBSA trucks had good year
South Africa -News 24.com -21 Jan 2009: -- The commercial vehicle division of Mercedes-Benz South Africa (MBSA) including Freightliner/Mitusbishi FUSO/Western Star ended 2008 on a high note with total sales of 9 167 units in the over 3,5 t GVM segments, giving a market share of 26,4%, an improvement of 3,2% over 2007... Mercedes-Benz South Africa has in its stable the complete Mercedes-Benz product range from the Vito and Sprinter van range, to the Atego, Axor and Actros trucks, and the bus and coach offering... Total year-end volumes for Mitsubishi FUSO reached 3 331 units, an improvement of 21% over 2007... Furthermore, the American range which includes the Freightliner Argosy and Columbia, have increased their sales volumes to 1 719 units, an increased growth of 46% over 2007 volumes of 1 181 units... Freightliner continues to hold the number one spot in the long-haul 6x4 tractor market... Western Star custom built trucks continue to sell strongly with their biggest volume of sales coming from a mixture of off-highway mining trucks and on-highway recovery/breakdown trucks... Labels: truckmakers' news worldwide
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