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Apr 26, 2009

TRUCKMAKERS' NEWS * WORLDWIDE

* Germany - Sprinter goes cross country

Stuttgart,Germany -ATN (Australia) -20 April 2009: -- In a move that strengthens the Mercedes-Benz light commercial line-up, the popular Sprinter van and cab-chassis range is now available in 4x4 configuration... Using a system called 4ETS, or 4-wheel Electronic Traction System, the Sprinter models electronic control to direct torque to the wheels with the greatest amount of grip, and to reduce wheel slip to those with less traction... The revised Sprinter retains its choice of turbo-diesel engines, with either a 2.2-litre four cylinder or a 3-litre V6 available, offering 110kW/330Nm and 135kW/400Nm respectively... (Photo from media.photobucket: Mercedes Sprinter 4)


* India - Tata Motors Raises More Than 20 Billion Rupees From Public

Mumbai,India -Bloomberg, by Vipin Nair -April 23, 2009: -- Tata Motors Ltd., the Indian truckmaker that owns Jaguar and Land Rover luxury brands, said it raised more than 20 billion rupees ($397 million) from the public through term deposits... Tata Motors can raise up to 27 billion rupees thorough these deposits, Debasis Ray, a company spokesman, said... -1 India - Rupee = 0.01995 US Dólar- (Photo from cubiccapacity.com: Tata Motors' world truck)


* Japan - Truck maker Hino forecasting US$625 mln loss

Tokyo,Japan -Trading Markets/Asia In Focus via COMTEX -April 22, 2009: -- HINO MOTORS LTD., said Tuesday that it now expects to log a group net loss of 61.8 billion yen (US$625.97 million) for the year ended March 31, downgrading an earlier forecast calling for 33 billion yen in red ink. The truck maker, which has trimmed its fiscal 2008 forecast four times, is facing its biggest net loss since it adopted consolidated financial statements in fiscal 1994... Sales are estimated to have fallen 22 per cent on the year to 1.06 trillion yen at the TOYOTA MOTOR CORP. affiliate... Global sales of commercial vehicles, including trucks and buses, slumped 11 per cent to about 97,000 units, falling roughly 3,500 short of its targets...


* Sweden - Volvo CEO: More Help For Autos, Please

Stockholm,Sweden -Forbes (USA), by Javier Espinoza -24 April 2009: -- Governments need to launch more initiatives to help automakers survive the crisis, Volvo's chief executive tells Forbes... Despite granting big loan packages to carmakers and launching scrap schemes to kick-start demand, Leif Johansson, the chief executive of Swedish truck maker Volvo, says European leaders need to come up with more coordinated actions to deal with the sharp fall in demand in the auto industry... "The more harmonized the response we could get, the better"...

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1 Comments:

Blogger Abdul Mannan said...

hello

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5:50 AM  

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