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Mar 15, 2009

TRUCKMAKERS' NEWS WORLDWIDE

* Europe - €3 billion of loans for carmakers and truckmakers

Brussels,Belgium -European Voice, by Simon Taylor -12 March 2009: -- The European Investment Bank (EIB) today approved loans of €3 billion for EU carmakers and truckmakers. The loans are targeted at improving fuel-efficiency and cutting carbon dioxide emissions... Companies benefiting from the loans approved today include BMW, Daimler, Fiat, PSA Peugeot-Citroën, Renault, Volvo Cars, Scania and Volvo Trucks...


* USA - WABCO Announces Multi-Year Strategic Agreement to Supply CNHTC, China's Largest Manufacturer of Heavy-Duty Trucks

Piscataway,NJ,USA -Trucking Info -16 March 2009: -- WABCO Holdings Inc. announced the completion of a strategic partnership agreement to supply China National Heavy Truck Corporation (CNHTC), the largest producer of heavy-duty trucks in China... A supplier to CNHTC since 1997, WABCO will continue to provide air management products, braking systems including anti-lock braking, and transmission control products. Further increasing their partnership, WABCO will be CNHTC's sole supplier of automated manual transmission (AMT) systems through 2016...

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