![[Valid Atom 1.0]](valid-atom.png "Validate my Atom 1.0 feed")
TRUCKMAKERS' EVENTS * Hanover / Germany - The IAA Truck Fair
* Emerging economies power European truck makers' recovery hopes
(Photo from Bloomberg via Getty Images: Scania AB trucks sit on display at the IAA Commercial Vehicles Show in Hanover, Germany, on Wednesday, Sept. 22, 2010.)
Hanover,Germany -M&C -Sep 21, 2010: -- Europe's truck makers are cautiously optimistic about the coming 12 months as a pickup in the world's major emerging economies helps to power demand, the manufacturers' industry association said Tuesday... 'We will see better sales and earnings this year than in 2009,' said Leif Johansson, Chairman of the Commercial Vehicle Board of the European Automobile Manufacturer's Association (ACEA)... 'The recovery in demand that we saw in Asia and South America at the end of last year is now becoming more and more visible also in Europe,' he said... Johansson, who also heads up the Volvo Group, was speaking at a press conference in Hanover organized as part of the IAA commercial vehicle trade fair... European truck production rebounded by 36.4 per cent during the first quarter compared with the same period last year, while the production of vans jumped by 51.3 per cent... The production of heavy-duty vehicles, however, dropped by 5.2 per cent...
(Picture from Bloomberg via Getty Images: Employee Fatima El Itabi tries out a Scania AB R730 truck at the IAA Commercial Vehicles Show in Hanover, Germany, on Wednesday, Sept. 22, 2010)
The ACEA members include several of the world's leading commercial vehicle makers such as Daimler Trucks, DAF Trucks and Scania. Commercial vehicle manufacturers. had also maintained their investments in R&D as they gear up for the launch of new emissions standards...
* World truck market seen growing over 50 pct by 2015
Hanover,Germany -Reuters -Sep 20, 2010: -- The global market for commercial trucks will grow by more than half by 2015, a senior executive at Daimler, the world's largest lorry manufacturer said on Monday... Ahead of a key industry trade fair this week, Daimler Trucks chief Andreas Renschler said he expects volumes of medium and heavy trucks that weigh six tonnes or more to expand to roughly 3 million units over the coming five years... He did not immediately specify where the growth would stem from, but most industry experts believe demand from emerging markets like China, India, Russia and Brazil will outstrip that in developed economies such as the United States and Western Europe... The IAA truck fair begins this week in Hanover, where the industry is expected to celebrate an end to a severe slump that began in the fourth quarter of 2008 and stretched all the way into the second quarter of this year... Renschler told Reuters last week that he expects the current upward trend to continue in all key markets next year... The overall commercial vehicles market includes the segment of delivery vans and transporters, which also closely tracks the economic cycle, as well as the segment of city buses and travel coaches...* China - Sinotruck has top three in its sights
Hanover,Germany -Financial Times (UK), by Daniel Schäfer & John Reed -September 22 2010: -- Sinotruk is aiming to become one of the world’s top three truckmakers by volume within five to 10 years, underlining Chinese industrial companies’ growing ambition for global leadership... Qing Pan, executive board member of Sinotruk, told the Financial Times that the Chinese truck group was looking to close the gap on Germany’s Daimler, the world’s largest truckmaker, and its two bigger Chinese rivals – Dongfeng and FAW after claiming it had overtaken India’s Tata as global number four this year... (Photo from moj-album: Sinotruk launches AMT HOWO-A7 heavy truck)
* Germany - MAN Sees Recovery in European Truck Market
Hanover,Germany -The Wall Street Journal (USA), by CHRISTOPH RAUWALD -21 Sept 2010: -- MAN SE's Chief Financial Officer Frank Lutz said Tuesday the German truck maker and engineering firm's revenue could rise to €15 billion ($19.59 billion) in 2010... He said expected deliveries to hit a record high of between 115,000 to 120,000 this year, driven by growth in Latin America and a recovery in the European truck market, revenue in 2010 could come in "somewhere between €14.5 billion and €15 billion," Mr. Lutz told reporters at the sidelines of the international commercial-vehicles show in Hanover. MAN's revenue was €12 billion last ... MAN is due to launch its new commercial vehicle partnership with China's Sinotruk next year... (Photo from german-info: MAN truck)
* USA / Holland - Paccar tops truck maker credit ratings
Hannover, Germany -Road Transport (UK), by Andy Salter -21 September 2010: -- Paccar, owners of DAF Trucks, is currently top of Standard & Poor's credit ratings for global truck producers, according to DAF president Harrie Schippers... Speaking at the company's press conference at this week's IAA commercial vehicle exhibition in Hannover, Schippers explained that despite the economic downturn of the past two years, DAF is a financially sound company, backed by a very strong parent. According to the S&P ratings, Paccar has an A+ rating, while Scania and Volkswagen are next best with A-, while Daimler and MAN both have BBB+ ratings... (Photo from logismarket.co.uk: DAF trucks limited cf series)
* France - Renault-Mercedes van co-operation will bring new product by 2013
Hanover,Germany -Road Transport (UK), by Andy Salter -22 September 2010: -- The recently announced co-operation between Renault and Mercedes-Benz on light van development will bring its first product to market by 2013, says Mercedes-Benz LCV boss Volker Mornhinwerg... The new product will be based on the Renault Kangoo platform, he confirmed, but with significant styling and specification differences to give the new van a Mercedes-Benz feel... The differentiation will be stronger than that currently seen between the Mercedes Sprinter and VW Crafter, where a similar co-operation has been in place for a number of years... Mornhinwerg also confirmed the next generation of Vito will remain a stand-alone Mercedes-Kdeveloped product... (Photo/Image from chopsueyblog.files: Renault kangoo)
* USA - Eaton shows AdBlue-free SCR aftertreatment
Hanover, Germany -Road Transport (UK), by Andy Salter - 22 September 2010: -- Eaton has used the 63rd IAA Hannover truck show to explain a new exhaust after-treatment system that employs SCR technology without the need for the addition of AdBlue... The Eaton system is currently in use in a number of off-highway applications, but the company was generating plenty of interest from truck makers at the show keen to investigate the on-highway applications, particularly on light- and medium-duty trucks...
posted by Unknown @ 5:07 PM
0 Comments:
Post a Comment
<< Home