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TRUCKMAKERS' NEWS * WORLDWIDE
* The Netherlands - DAF Trucks breaks records
Eindhoven,The Netherlands -HGV UK -February 24, 2010: -- DAF achieved record market shares in 2009 despite it being one of the most challenging years in the history of road transport and the truck industry... DAF achieved a 14.8% market share of the heavy class (above 15 tonnes) of the truck market in the European Union. DAF secured a solid third place among the European truck manufacturers in terms of volume. In the tractor segment, DAF is the number 1 in the EU with a market share of 19.8%... Last year in the total European tractor segment (above 15 tonnes) DAF achieved a market share of almost 20%, making DAF the market leader in the European Union...* Germany - Bus, truckmaker MAN announces 4th quarter net loss of $642 million
Frankfurt,Germany -AP/Business News, by George Frey -February 15, 2010: -- German bus and truck maker MAN SE lost euro 472 million ($642 million) in the fourth quarter of 2009 amid a steep drop in demand due to the economic downturn, the company said Monday... Revenue for the October-December period fell 18 percent to euro 3.3 billion from nearly euro 4 billion in the fourth quarter of 2008... Despite the decline, fourth-quarter order intake increased 35 percent to euro 2.6 billion from almost euro 2 billion in the fourth quarter of 2008. Orders for the full year were 30 percent lower at nearly euro 10 billion from euro 14 billion in 2008... The company said it expects its bus and truck business to remain at the current lower level in 2010... For the full year, MAN lost euro 258 million compared with net income of euro 1.2 billion in 2008, the company said. Revenue for 2009 was 20 percent lower at euro 12 billion, compared with nearly euro 15 billion in 2008...* Russia - Truck maker Kamaz to launch assembly facility in India
Moscow,Russia -Xinhua/Trading Markets -18 Feb 2010: -- Russia's largest truck maker Kamaz said Thursday it was opening its first assembly plant in India that is expected to produce up to 5,000 vehicles annually... The joint venture, which will be officially launched on Feb. 25, has been established using the production facilities of India's Vectra Group, a partner of Kamaz... Kamaz, the 11th largest truck maker globally, has run 96 plants in Russia, Poland, Kazakhstan, Azerbaijan, Vietnam, and Ethiopia. Last Thursday, Germany's Daimler said it planned to raise its stake in Kamaz from 10 percent to 11 percent, while the European Bank for Reconstruction and Development would pick up four percent of Kamaz... (Image from karavshin: A Kamaz's truck flying on a Rally) 
* India - Tata Motors Develops Hydrogen Fuel Cell Commercial Vehicles
Amsterdam,Holland -The Economic Times -February 11, 2010: -- Tata Motors developed a range of hydrogen fuel cell-powered buses and light trucks. Fuel cell-powered commercial vehicles developed at Tata's European Technical Centre; undergoing trial run. Looking to run fleet of fuel cell vehicles to see how they actually work in operation... Fuel cell commercial vehicles from Tata in line wtih its strategy to work on alternate fuel technologies. Includes vehicles that run on biodiesel, ethanol, hybrid, electric, and fuel cells... Tata inked a memorandum of understanding with Indian Space Research Organization (ISRO) in 2006. Done to design and run buses using hydrogen... Tata Motors also working on cars that run on hydrogen fuel cells... (Photo: Tata Motors' World Truck: New Grande MK II7Tata Aria7Tata Venture)* India - AMW doubles production to 2,000 trucks per month,up headcount
Mumbai,India -The Economic Times -21 Feb 2010: -- Commercial vehicles-maker, Asia MotorWorks (AMW), plans to more than double its production from 700 to 2,000 trucks per month in the next eight to nine months, a top company official said... The truck-maker also plans to hire 500 professionals to meet the production challenges... AMW is the third-largest truck manufacturer in production capacity after Tata Motors and Ashok Leyland and currently employs 1,000 personnel... (Photo thanks to AMW: A state-of-the-art fully integrated manufacturing facility spread over 8,50,000 sq mts. in Bhuj)Labels: truckmakers' news worldwide
posted by Unknown @ 5:24 PM
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