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TRUCKMAKERS' NEWS * WORLDWIDE
* USA - Volkswagen Needs to Sell 100,000 Amaroks to Bring Truck to U.S.
USA -Automobile, by Andrew Peterson -December 17 2009: -- Volkswagen plans on selling its new Amarok pickup truck in Europe and South America, but it seems ever more unlikely that the truck will be sold in North America... PickupTrucks.com sat down with Stefan Jacoby, Volkswagen of America’s president and CEO, who talked about the whopping sales volumes needed to make a North American Amarok a reality. According to Jacoby, VW would have to sell 100,000 Amaroks annually in order to build a business case for the truck... The light trucks manufactured outside of the U.S. (presently, the pickup is built in Argentina)... (Photo from rumors.automobilemag)* European heavy truck downturn slows in Nov
Stockholm,Sweden -Reuters, by Niklas Pollard & Johannes Hellstrom & Karen Foster -Dec 18, 2009: -- The decline in European heavy-duty truck registrations slowed in November from the previous month as the highly cyclical market for commercial vehicles continued to stabilise, data showed on Friday... The Brussels-based industry association ACEA said in a statement new registrations of heavy trucks fell 37 percent to 12,613 vehicles versus a 20,119 units in the year-ago period, falling for a 19th-month straight but improving on the 57 percent year-on-year fall in October... The deliveries in January through November stood at 156,057 heavy trucks in the 25 European Union member states plus the four states in the European Free Trade Association (EFTA), a decline of 47.8 percent year-on-year... The data for European market, dominated by brands like Mercedes-Benz, Volvo, Renault, DAF, Iveco, Scania and MAN, is somewhat backward looking since registrations typically lag new orders by a few months... The number of new registrations for light commercial vehicles -- mainly panel vans like the Opel Movano or Citroen Berlingo -- fell by 10.5 percent to 123,376 vehicles in November...
* Russia - Daimler in talks to buy another 6% in Kamaz truck maker
Moscow,Russia -RIA Novosti -December 18, 2009: -- Auto giant Daimler AG is in talks with KamAZ to purchase another 5-6% stake in Russia's largest truck maker, a Russian shareholder said on Friday... The German company acquired the 10% stake from Russian Technology and Troika Dialog, another Kamaz shareholder, in 2008 for $250 million. Daimler is supposed to pay another 50% in 2012 if the Russian producer performs well... In November 2009, Daimler signed two joint-venture agreements with Kamaz to import Fuso Canter truck parts from Japan for assembly in Kamaz, and the other to manufacture Mercedes-Benz Trucks Vostok vehicles...
* India - Tata Motors speeds up on strong global sales
Mumbai,India -India Info Online/Capital Market -Dec 18, 2009: -- Tata Motors rose 2.08% to Rs 725.10 at 10:11 IST after the company reported a 62% jump in its total global vehicle sales to 75,775 units in November 2009 over November 2008... Commercial vehicles sales rose an annual 81% to 33,338 units, while passenger vehicle sales grew by 50% to 42,437 units... In the domestic market, Tata Motors' total vehicle sales jumped 65.49% to 54,108 units in November 2009 over November 2008. In the commercial vehicles segment, November sales in the domestic market stood at 29,408 units, compared with 16,229 units sold in the same month last year, up 81.21%... Tata Motors is engaged in manufacturing and marketing heavy, medium and light commercial vehicles, utility vehicles and passenger cars...
* Belgium - Truck Makers call for Euro6 Delay
Brussels,Belgium -trucklocator -17 Dec 2009: -- Iveco’s Chief Executive Officer, Paolo Monferino, addressing a Brussels event called for Euro 6 implementation to be put back a further two years to allow the truckmakers to recover from the recession and allow them to invest the billions required to meet the standard. He went on to suggest the standard should be reassessed, “in the light of the foreseen negative global warming aspect of vehicles certified to this standard”... Monferino referred to the composition of the commercial vehicle running parc of four of the most significant markets in Europe where, on average, almost half of the vehicles in circulation were older than Euro 3. He called for the European governments to introduce some tax incentives for companies to renew their vehicles – scrappage for trucks...
* South Korea - Hyundai to set up commercial vehicle JV in China
Seoul,SK -Reuters -Dec 20, 2009: -- Hyundai Motor Co said on Sunday it had signed an initial agreement to create a commercial vehicle joint venture with China's Baotou Bei Ben Heavy-Duty Truck Co Ltd with a total investment of USD 400 million... The 50-50 venture with the Chinese truck maker will be launched next year, taking over Baotou Bei Ben's existing large truck business that has an annual capacity of 40,000 units, the South Korean carmaker said in a statement... Hyundai will initially focus on heavy duty trucks with a sales target of 100,000 units in China by 2014 and gradually increase investment to expand its business to include the full line-up of commercial vehicles...Labels: truckmakers' news worldwide
posted by Unknown @ 9:14 AM
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