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TRUCKMAKERS' NEWS * WORLDWIDE
* USA - Navistar eyes China diesel engine joint venture
Warrenville,ILL,USA -AP -30 Oct 2009: -- Truck maker Navistar International Inc. says it is exploring a joint venture with a Chinese vehicle manufacturer to build diesel engines for commercial vehicles in China... Navistar said Friday the proposed 50-50 joint venture with Anhui Jianghuai Automobile Co. would establish a research and design center in China's Anhui province... Diesel engines produced under the joint venture would be used primarily in China as well as certain export markets... Navistar says the joint venture would be governed by an eight-person board consisting of four members from each company... The venture still requires approval by each company's board of directors, as well as other approvals before it moves forward... (Photo from scb: Navistar - International Headquarters, in Warrenville, Illinois)
* Germany - Daimler moves to increase stake in Russian truck maker
Stuttgart,Germany -Earth Times -30 Oct 2009: -- Daimler has moved to raise its stake in Russian truck maker Kamaz, a spokeswoman said Daimler was applying to the Russian Federal Antimonopoly Service to increase the 10 per cent share in Kamaz it purchased for 190 million euros (280 million euros) in December 2008... Daimler had originally planned to take a 42 per cent stake in the Russian truck maker, but scaled back its plans because of the global economic crisis which hit the company's German operations... Goal of the new venture is to assemble Mercedes-Benz trucks in Russia and establish a distribution network for for the sale of Mercedes-Benz and Setra buses... (Image.motortrend: Daimler headquarters, Stuttgart)
* USA - Freightliner Custom Chassis hits zero-waste goal
Gaffney,SC,USA -Fleet Owner -Oct 30, 2009: -- At its plant in Gaffney, SC, Freightliner Custom Chassis Corp.(FCCC) had a real green letter day yesterday as it celebrated becoming the first vehicle chassis manufacturer and the first company within the trucking industry to achieve “Zero Waste to Landfill” status in the U.S... Joining an elite group of solid waste-free manufacturing facilities in the United States, FCCC went from disposing 250,000 lbs of solid waste per month in January 2007 to disposing zero lbs today as a result of numerous environmental efforts implemented at its plant... Recognized by numerous governmental agencies including the Environmental Protection Agency (EPA), the FCCC facility recycles materials such as plastic, paper, aluminum, cardboard, metals, wood and nylon. FCCC said it is committed to not only reducing its environmental footprint with clean manufacturing efforts, but also to developing products that are green... (Image from daimler: Freightliner Custom Chassis Corporation Manufacturing Plant)
* USA - Cummins’ Third-Quarter Profit Drops
Columbus,IN,USA -Transport Topics -30 Oct 2009: -- Diesel engine maker Cummins Inc. said Friday its third-quarter profit fell 59% due to sharply lower demand for its engines and other products... The company’s net income fell to $95 million, or 48 cents a share, from $229 million, or $1.17, a year ago, while sales fell 31% to $2.53 billion... The engine segment saw the worst declines in sales, along with the power generation segment. Engine sales fell 37% to $1.44 billion... Cummins’ engine joint venture in China saw declining sales due to lower demand... (Photo from southernroofinginc: Cummins Plant One. Columbus, IN)
* USA - ArvinMeritor, Daimler Set Brake Deal
Troy,Mich,USA -Transport Topics -26 Oct 2009: -- Alliance Parts, Daimler Trucks North America’s private-label parts unit, said it has partnered with ArvinMeritor, to provide remanufactured brake shoes for commercial vehicles in North America... The remanufactured brake shoes, to be produced by ArvinMeritor, are designed for 20,000-pound and 23,000-pound axle applications... The parts will be sold at Freightliner, Western Star and Thomas Built Bus dealerships in the United States and Canada, the companies said in a statement... (Photo from Arvinmeritor: Corporate Facilities)
Labels: truckmakers' news worldwide
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