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Nov 25, 2009

TRUCKMAKERS' NEWS * WORLDWIDE

* Russia - Daimler may buy further 15 percent of Kamaz

Moscow,Russia -Reuters, by Gleb Stolyarov -Nov 24, 2009: -- Daimler may raise its stake in truckmaker Kamaz to 25 percent, sources familiar with the matter said, in a move that would ramp up the German carmaker's influence on Russia's vast autos market... Daimler, which already holds 10 percent of Kamaz, may buy an additional 15 percent from Troika Dialog if it can agree a price with the Moscow investment bank, the sources told Reuters on Tuesday... Analysts have said greater involvement from Daimler would boost Kamaz' performance and save Russia's largest truckmaker from relying on state help... Kamaz employs just under 60,000 people and is based in Naberezhnye Chelny, Central Russia. It sold around 45,000 vehicles in 2008 and aims to sell 25-28,000 this year...


* Europe - Oct. Heavy Commercial Vehicle Sales Plunge: ACEA

New York,NY,USA -RTTNews/FOREX TV -25 Nov 2009: -- Registrations in the European heavy truck segment plunged 56.8% annually in October, the European Automobile Manufacturers' Association reported Wednesday. The decline in Western Europe was 55.4% and that in new EU Member States was 65.1%... Ten months into the year, new registrations of heavy trucks totaled 145,833 units, down 47.7% from the same period last year. According to ACEA, Germany remained the largest market despite a 41.8% drop, closely followed by France with 40.6% fall... Further, the association said new commercial vehicle registrations in Europe declined for eighteenth month in a row in October. Registration decreased 30.7% in October from the previous year and declined 35.3% during January to October...


* Australia - Tough trucking task

Australia -etruck -November 26, 2009: -- It can be hard working in the trucking industry and today etruck is getting a taste of reality for truckies in the city. Today’s test drive is of a Fuso Canter with a 6 speed auto box around the mean streets of the Gold Coast... This truck is easy to drive and it has enough power and torque to get the job done safely and swiftly. Another vast improvement has occured in steering both in terms of power assist and turning circle...

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