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TRUCKMAKERS NEWS WORLDWIDE * Sweden - Volvo July truck shipments soar as Europe recovers
Stockholm,Sweden -Reuters, by David Cowell -Aug 25, 2010: -- Truck deliveries by world number two maker Volvo rose 62 percent year-on-year in July on the back of firmer European demand as commercial vehicle markets rebound from their worst downturn in decades... Volvo, which sells trucks under the Renault, Mack, UD Trucks and Eicher brands as well as its own name, said shipments rose 61 percent in Europe, its biggest market, and were up 52 percent in North America and 68 percent in Asia... Deliveries of the group's Volvo-marque trucks shot up up 116 percent year-on-year in the month as demand in Europe, especially in Northern and Central Europe, recovers... The company, which also manufactures buses, construction equipment, engines and aerospace components, has said it expects the heavy truck market to grow about 10 percent in Europe this year and about 20-30 percent in North America... (Photo from fondoscopados: Volvo trucks)
* Brazil - BorgWarner to Supply R2S® Turbocharging Technologies to MAN - BorgWarner's Will Help Increase Fuel Economy, Reduce Emissions and Improve Performance for MAN Engines Built to Power Light-Duty Trucks and Urban Buses in Brazil
Auburn Hills,MICH,USA -PRNewswire/FirstCall -July 7, 2010: -- BorgWarner will supply its regulated two-stage turbocharging (R2S®) technology to MAN for engines used to power medium-duty trucks and urban buses in the Latin American market beginning in 2012. To meet growing demand for increased power output and reduced emissions, MAN will use BorgWarner's innovative turbocharging system for its common-rail, four-cylinder and six-cylinder diesel engines with displacements of 4.6 and 6.9 liters and nominal power output of 180 hp to 290 hp (132 kW-213 kW). Produced at BorgWarner's facility in Campinas, Brazil, the optimized turbocharging system helps the new engines achieve impressive fuel economy, reduced emissions and improved performance. MAN Latin America leads the truck market in Brazil with a market share of more than 30 percent... (Photo: Regulated two stage turbocharge from BorgWarner)
* Germany - MAN Aims to Sell New Products With Sinotruk in Chinese Market Next Year
(Video from YouTube, by wojtekdh -29 Sept 2007: The new MAN Trucks with the most powerful MAN TGX 680 V8 truck in Europe !!! TRUCK OF THE YEAR 2008 !!!)
Munich,Germany -Bloomberg News - Aug 26, 2010: -- MAN SE, Europe’s third-largest truckmaker, plans to introduce products with partner Sinotruk Hong Kong Ltd. next year and use more locally sourced parts, Chief Executive Officer, Georg Pachta-Reyhofen, said... MAN, which holds a 25 percent stake in Hong Kong-based Sinotruk, may raise the stake in the future, he said today in Beijing... The Volkswagen AG affiliate is benefiting from a rebound in demand for heavy trucks in Europe and a surge in sales in Brazil that helped the Munich-based company increase profit almost sevenfold in the second quarter. Pachta-Reyhofen said today that emerging countries including those in Asia, Africa, the Middle East and Russia can be a “huge market” for the two companies...
* UK - Collease buys another 100 trailers from Dennison
Norfolk,UK -Road Transport, by Kevin Swallow -26 August 2010: -- Norfolk-based truck and trailer rental company Collease has bought 100 new trailers from Dennison, the second such deal in six months, taking its total trailer renewal spend to £3m in the past 12 months... Duncan Scillitoe, general manager and director, says the latest hire-purchase deal, which includes 70 skeletal trailers and 30 curtainsiders, is a part-exchange agreement for nine-year-old rolling stock... Scillitoe says 30 of the new skeletals are tipping trailers with Lister engines, and the curtainsiders represent additions to the 3,500 trucks and trailers on the Collease fleet; approximately 70% of the fleet is geared towards the container market... Scillitoe says operators are taking on more work at the moment, but remain cautious... (Picture from roadtransport)* China - Truck-maker Beiqi Foton H1 net profit jumps 153.2 pct
Beijing,China -Xinhua -Aug. 27, 2010: -- Beiqi Foton Motor, one of China's major truck makers, said Friday its net profit for the first half of this year was up 153.2 percent from the same period last year... Net profit totaled 1.147 billion yuan (168.7 million U.S. dollars) and earnings per share stood at 1.252 yuan, up 153.44 percent year on year, the company said in a statement filed with the Shanghai Stock Exchange... The soaring profit was achieved on the back of a 54.17-percent increase in business revenues, which rose to 30.2 billion yuan, said the statement... The Beijing-based truck maker attributed the strong performance to a government program meant to invigorate the automobile industry and the company's success in "raising the internal value of its products"... Despite the remarkable gains in revenues and profit, Beiqi Foton's shares on the Shanghai bourse declined 1.45 percent to 21.12 yuan Friday... (Photo from t2.gstatic: Foton's Headquarter in Chang Ping District,Beijing)Labels: truckmakers news worldwide
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