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TRUCKMAKERS NEWS * WORLDWIDE
* Sweden - Volvo Feb Truck Deliveries Up 3% On Year, N Amer Sales Up 65%
Stockholm,Sweden -Dow Jones Newswires/Fox Business -March 16, 2012: -- Swedish truck maker Volvo AB said Friday that group truck deliveries were up 3% in February on the year, but in individual markets North America sales rose 65% compared to last year.
- Volvo truck deliveries in Europe amounted to 3,077 trucks in February, down 18%. Countries such as Germany, Poland and Turkey noted significant delivery increases in February, compared with January 2012.
- The Russian market has also continued to demonstrate healthy demand for trucks to date this year.
- Deliveries in South America declined due to planned production reductions in the wake of new emission requirements, which were introduced on January 1, 2012.
- In North America, February deliveries increased 45% to 2,364 vehicles in comparison with the same period last year. The increase was primarily a result of continued replacement demand.
* February deliveries for Mack totaled 2,583 vehicles, a 97% increase compared with February 2011.
* In February, Renault Trucks delivered a total of 3,868 trucks, down by 19% compared to the corresponding period last year.
* Deliveries from UD Trucks in February totaled 1,811 units, an increase of 14%...
* India - Tata Motors to increase half-tonne vehicle capacity
(Photo: A Tata Ace vehicle)
Mumbai,India -Inautonews, by DUDU -March 15, 2012: -- Tata Motors, India’s largest automobile company plans to invest around Rs 800-1000 crore over the next two-three years on a plant in Dharwar, Karnataka... The Tata Ace Zip saw total sales of 3,000 last month, while the Magic Iris saw sales of around 1,000 units... The company posted a 40.5% rise in profits in the quarter to end-December, as strong sales of its JLR models offset sluggish performance from its domestic arm, hit by high costs and interest rates in India... JLR contributed 95 percent of the company’s profit in the quarter to end-December, helped by the popularity of its new compact Evoque SUV in emerging markets such as Russia and China...
Labels: truckmakers news worldwide
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