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Oct 18, 2009

TRUCKMAKERS' NEWS * USA - Daimler Trucks North America Introduces Two New Freightliner Coronado Trucks

USA -The FINANCIAL (Tbilisi,Georgia) -17 Oct 2009: -- Daimler Trucks North America (DTNA) has presented its customers two new heavy-duty Class 8 trucks: the updated Freightliner Coronado for on-highway use and the Freightliner Coronado Severe Duty (SD) for vocational applications such as construction sector or municipalities... All aspects of the on-highway Freightliner Coronado are designed for continuous use and operation so that breakdowns and downtimes are kept to a minimum...
The second new truck, the Freightliner Coronado SD, was designed for severe-duty vocational applications, such as in the construction sector or municipalities. The Freightliner Coronado SD combines the durability and dependability of the previous severe-duty model with the driver comfort and style synonymous with the new Coronado. The use of new materials like aluminum and fiberglass also contributes to the truck’s high efficiency and payloads... Nearly 65,000 Class 8 heavy-duty trucks were sold in the U.S. in July 2009. DTNA’s market share for Class 8 trucks in July was 32 percent, compared to 30.5 percent in July 2008. Despite the difficult economic situation, DTNA was therefore able to gain additional market share in the Class 8 segment in the U.S.



* Illinois - Caterpillar Reports 53% Drop in 3Q Profit

Peoria,ILL,USA -Transport Topics -20 Oct 2009:
-- Heavy equipment and diesel engine maker Caterpillar Inc. said Tuesday its third-quarter profit fell 53%... The company reported a net income of $404 million, or 64 cents a share, in the third quarter, compared with income of $868 million, or $1.39, a year ago... Sales fell 44% to $7.3 billion, the company said in a statement... Since the economy worsened last year, Caterpillar has been hit hard as demand for mining trucks and construction equipment has fallen, the Associated Press reported... Caterpillar has responded to the downturn by cutting production and laying off thousands of employees...

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