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Nov 14, 2009

TRUCKMAKERS' NEWS * WORLDWIDE

* USA - Navistar gets $171.6M Army deal

Washington,DC,USA -taragana/Breaking News 24/7 -November 12, 2009: -- Navistar International Corp. received a $171.6 million contract to provide 783 petroleum and oil trucks, plus 59 water trucks, the Pentagon said late Thursday... Work is to be performed in West Point, Miss., with an expected completion date of April 30, 2011...


* Belarus - Behemoths in, belie stalling economy

Minsk,Nelarusia -The Financial Times, by Jan Cienski -November 13 2009: -- The parking lots of Belarusian heavy truckmaker Belaz offer a hard to miss clue to how the ex-Soviet republic is tackling the downturn. They are packed with unsold bright yellow behemoths... The reason for the enormous inventories is that the government – through the four largest state-controlled banks – has pumped cash into the state-owned enterprises that make up three-quarters of the economy...

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