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TRUCKMAKERS' NEWS * WORLDWIDE
* USA - Mack Makes Initial Delivery of Trucks for U.S. Army
LeHigh Valley,PA,USA -ForConstructionPro -11 April 2009: -- As part of an approximately $28.5 million contract with the U.S. Army TACOM Life Cycle Management Command, Mack Trucks, Inc. on April 1st delivered 36 MACK Vision Elite model tractors with 70-Inch High-Rise sleepers... Known domestically as the Mack Pinnacle Axle Back model, the Vision Elite tractor is designed specifically for export markets. It's powered by an export version of the MACK MP8 13-liter engine... The three-year contract calls for Mack to deliver the Army 152 Vision Elite models, with lowboy trailers, as well as spare parts. A total of 80 units are slated for delivery this year... (Photo from Mack Trucks, Inc.: The first group of MACK Vision Elite tractors built for the U.S. Army await delivery at the New River Valley Plant in Dublin, Va. These are the first of a 152-unit order)* Japan - Isuzu Advances After Morgan Stanley Raises Rating
Tokyo,Japan -Bloomberg, by Naoko Fujimura -April 10, 2009: -- Isuzu Motors Ltd., Japan’s biggest truckmaker by sales, rose most in about three months after Morgan Stanley raised its rating because higher demand in emerging markets may help earnings recover... The stock surged 12 percent to 155 yen at the 3 p.m. close on the Tokyo Stock Exchange. Morgan Stanley raised its recommendation to “overweight” from “equal-weight.”... Isuzu, which probably had its first annual loss in six years last fiscal year, may return to profit next fiscal year, the brokerage said. Truck demand in China, Indonesia and other emerging markets has been stronger than Morgan Stanley’s expectation, it said...Labels: truckmakers' news USA
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