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TRUCKS MARKETS * WORLDWIDE
* USA - Segment by segment, VW goes after Daimler now in
(Photo by Dan Henry: Steven Rodriguez examines sealed Passat bodies at the VW paint shop, Chattanooga,TENN,USA)
Detroit,MICH,USA -The Detroit News, by Christine Tierney -Jun 12, 2012: -- For many happy years during Germany’s economic miracle, the competition among German carmakers was lively but genteel... Now Volkswagen AG, is eyeing Daimler’s top ranking in the global heavy truck business. Daimler sells trucks, vans and buses under the Mercedes, Freightliner, Western Star, Sterling and other brands. VW is expanding in this business, too, after acquiring Germany’s MAN SE and Scania, a prestigious Swedish truck brand, in recent years... Their fight is spilling over into the U.S. market... On Sunday, the Financial Times Deutschland reported that Volkswagen was considering buying a stake in Navistar International Corp., a struggling Lisle, Ill.-based truckmaker that counts activist Carl Icahn among its investors. VW didn’t comment, but its interest in Navistar has been rumored for at least a year, with analysts saying a deal would help VW compete against Daimler in the U.S. truck market... The rivalry among the Germans was perhaps never as friendly as it has been portrayed but it’s cutthroat now...
Labels: trucks markets worldwide
posted by Unknown @ 4:48 PM
1 Comments:
linda dale said: "I really love and i am very curious about all the trucks from Germany>because i heard a lot about that."
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