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TRUCKMAKERS NEWS WORLDWIDE ¨France - Renault Reaches 30% Market Share In
Paris,France -Dow Jones Newswires/Fox Business, by Inti Landauro -October 03, 2011: -- French car maker Renault SA's share of France's car and light truck market reached 30% in September as demand for its vehicles jumped while the overall market fell, Renault said in a statement Monday... Including cars and light trucks, Renault sold 60,674 vehicles in September, and its market share rose from 27.9% in the same month last year, the company said. Renault's car sales rose 8.7% in September, while its light truck sales fell 6.5%... Car registrations in France were boosted in the early months of the year by a flurry of orders in late 2010 as buyers rushed to take advantage of an incentive before it was phased out at year-end. As French car makers had expected, the market then lost steam in the second and third quarters... Renault's sales were also hit by supply problems at the beginning of 2011...
* India - VE commercial vehicles to invest Rs 1,000 crore in 3 years
Mumbai,India -The Economic Times, by Chanchal Pal Chauhan -3 Oct, 2011: -- Maker of Volvo trucks and buses in India will invest 1,000 crore in three years to expand capacity and reach. VE Commercial Vehicles, an equal joint-venture between Delhi-based Eicher Motors Ltd and Volvo Group of Sweden, will focus on fully built buses and heavy trucks to grow its business, its CEO Vinod Aggarwal said . The company will turn India into a Volvo export hub for Middle East, Africa and South East Asian markets besides South Asia...
* India - Tata Motors Introduces Prima Truck, In South Africa
New Delhi,India -Dow Jones/Fox Business (USA), By Nikhil Gulati -October 07, 2011: -- Tata Motors Ltd., India's largest auto maker by revenue, Friday introduced its Manza sedan and Prima range of trucks in South Africa at the Johannesburg International Motor Show... The auto maker currently sells its Indica and Indica Vista hatchbacks, Indigo sedan, pickup Xenon and sport-utility vehicle Safari in South Africa. It also sells 20 truck and bus models...
Labels: truckmakers news worldwide
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