TRUCKMAKERS' NEWS * USA - Analysts upgrades Navistar
Saying truckmaker will rebound early in economic recovery
Chicago,ILL,USa -The Chicago Tribune/McClatchy-Tribune -March 21, 2009: -- Barrington Research analyst Walter Liptak raised his investment rating on the beaten-down shares of truck and engine maker Navistar International Corp. to "outperform" from "market perform" Friday, calling the Warrenville company a classic "early-cycle play" that will be among the first stocks to recover when the economy turns up... For heavy trucks, the trough year may be 2009, he suggests... Navistar Chairman and Chief Executive Dan Ustian has "properly positioned the company to take full advantage of the truck market recovery, which will be amplified in this cycle by a very old fleet age and impending [engine] emission standards," the analysts said in raising his rating... While the time frame for the economy's eventual rebound remains uncertain, Liptak said, "investors can rest assured that Navistar is poised to be the first out of the gate once the North American economy turns." ...
* Western Star Trucks Offers New Configuration for 4900 FA Series
Louisville,KY,USA -TruckingInfo -23 March 2009: -- Western Star Trucks announced a new configuration option for its 4900 FA model series... Geared toward the construction and severe-duty applications such as West Coast mixers and super dump applications, the new set-forward 109-inch BBC twin steer features a three degree wheel cut improvement over previous designs, which offers greater maneuverability for off-road applications... The 4900 FA 109-inch twin steer is equipped with a 450-horsepower, 12.8L MBE 4000 engine, Eaton Fuller 11-speed transmission and Meritor Tandem 40,000 pound front axles and 46,000 pound rear axles... The 4900 FA twin steer features a roomy and well-insulated cab, in addition to suspended brake and clutch petals... (Photo: 4900 FA in the Mid America Show 2009)
Labels: truckmakers' news USA
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