TRUCKMAKERS' NEWS * WORLDWIDE
* Europe - Truck manufacturers have their say
Brussels,Belgium -HGV Ireland -November 5, 2009: -- CEOs of the major European commercial vehicle manufacturers met on Wednesday in Brussels with European Commissioners, senior officials and Members of the European Parliament to highlight first-hand how the freight transport sector and its millions of employees are affected by the economic and financial crisis... Leif Östling, Chairman of the ACEA Commercial Vehicle Board and CEO of Scania, accompanied by Aad Goudriaan (President DAF), Andreas Renschler (CEO Daimler Trucks) and Mario Astengo (Senior Vice President Iveco) met with the Commissioners Vladimir Spidla (Employment) and Antonio Tajani (Transport) as well as with Directors General and several key MEPs... As a direct consequence of the economic downturn and credit crunch, transport demand has dropped sharply over the past year. Vehicle fleet operators often have a quarter of their trucks standing idle. This situation is unlikely to change until the economy starts recovering. Demand for new commercial vehicles has fallen sharply as well and the European manufacturers do not expect the market to pick up before 2011. Over the past year, they have already taken numerous measures to adapt output levels, but pressure on permanent employment levels is mounting... At the same time, vehicle manufacturers go to great lengths to sustain investments in R&D, most notably in the fields of road safety and emissions reduction. Just the Euro VI emission requirements alone require immediate industry level investments of EUR 6-8 billion. Under the current circumstances, this translates in annual R&D investments of around 10% of turnover – an enormous load to carry. The other main priority remains the further improvement of fuel and energy efficiency in order to contribute to global CO2 emission reduction objectives as well as to provide a clear business case to customers to invest in new vehicles...
* India - Tata Motors Starts Distribution Of Prima Trucks In
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* India - M&M explores passenger variant for Gio
Ahmedabad,India -Business Standard, by Sohini Das -November 3, 2009: -- Mahindra & Mahindra (M&M) is all set to expand its newly-launched Gio platform, a 0.5 tonne truck. The company plans to come up with passenger carrier versions and a CNG variant, and is eyeing export markets in the long run... It has first-mover advantage in the segment that has been created with the launch of the Gio, which falls between the Tata Ace and the three-wheeler space... M&M has used in-house tooling technology and the engine has been developed by US-based Kohler... It is now looking at leveraging this cost advantage to address the export market, as well as come up with newer variants on the same platform...
Labels: truckmakers news worldwide
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