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TRUCKMAKERS NEWS * USA
* NY - Truck Cancellations Hit Two-Year High as Rebound Slows
New York,NY,USA -Bloomberg, by Natalie Doss and Mark Clothier -May 11, 2012: -- North American heavy-truck orders are hitting a speed bump, with cancellations jumping to the fastest pace in about two years as a stagnating economic recovery prompts fleet owners to delay or scrap purchases... Buyers are being squeezed by slower cargo volumes, tighter credit and diesel fuel prices exceeding year-earlier levels even with recent declines... Sales and earnings are at risk for Paccar, whose brands include Peterbilt and Kenworth, and Navistar as high inventory and declining orders threaten production rates, according to Karen Ubelhart, a Bloomberg Industries analyst in New York... Navistar’s first-quarter loss widened more than analysts had estimated after the Lisle, Illinois-based company said it was recalling vehicles because of faulty brakes. Profit at Bellevue, Washington-based Paccar beat estimates as sales advanced 45 percent...
* Louisiana - E-vehicle maker to open California plant
Lafayette,LOU,USA -The Boulder County Business Report, by Beth Potter -May 8, 2012: -- Truck and van maker Boulder Electric Vehicle Inc. will open a new plant in Chatsworth, California, a suburb of Los Angeles... The Lafayette-based company leased a 27,714-square-foot building in Chatsworth last month... Boulder Electric Vehicle is expected to invest about $6 million in the California plant, with a $3 million grant form the California Energy Commission sweetened the pot for the deal, according to the article... While no specific date was announced for the new plant to open, the first vehicle is expected to roll off the plant's assembly line in the first or second quarter of 2013... Boulder Electric's tag line is: "No oil. No pollution. No problem." ...
Labels: electric truckmakers worldwide, truckmakers news USA
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