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Oct 30, 2012

TRUCKMAKERS NEWS * WORLDWIDE

* Germany - Mercedes unveils the all new Antos

(Photo David Meredith - ANTOS LOADER: Mercedes Benz has released a upper medium-duty distribution truck line in the European market)
Suttgart,BAV,Germany -Big Rigs, by David Meredith -27 October 2012: -- When Mercedes-Benz has just released the all-new Antos upper medium-duty distribution truck in the European market... Designed for GVMs of between 18 and 26-tonne and a GCM of 40-tonne, one of the most impressive statistics goes directly to weight and therefore productivity... Benz claims it is the first prime mover for 40-tonne vehicle combinations to come in below 6-tonne for tare weight - and that's even with an engine that is compliant with the Euro VI emissions standard... That's providing you pick the 350hp 1835 LS model with the ClassicSpace cab, aluminium wheels and super single tyres on the rear axle... Even with the larger OM 470 inline six-cylinder Euro VI engine with 428hp, the truck weighs about 6400kg. At this weight, the Antos is positioned very well in the highly competitive environment where margins are wafer thin...

* Germany - Daimler examining cost base in Brazil truck plants 

Franfurt,Germany -Reuters, by Christiaan Hetzner -Oct 25 2012: -- A slump in the Brazilian truck market that has proven to be longer and deeper than expected may have lasting effects on Daimler Truck employees at two local production plants in Juiz de Fora and Sao Bernardo do Campo... The company has already been in talks with labour leaders in Brazil over 15 unpaid vacation days through the end of January and training seminars where part of the wages are covered by unions. Daimler Trucks employs roughly 12,000 workers in Brazil, the lion's share in Sao Bernardo... Daimler expects the Brazilian truck market to fall between 20-25 percent this year due in part to new emission regulations that brought forward demand from this year into the last one... 


* Germany - MAN profitability weighed down by ongoing difficult market environment 


Munich,Germany -MAN's PR -September 30, 2012: -- The MAN Group was confronted with an ongoing difficult economic environment in the third quarter of 2012. The sovereign debt crisis in the euro zone led to market uncertainty and is clearly holding back economic growth. We are also seeing a downturn in a number of markets outside of Europe...  These developments translate into shrinking order books throughout the sector, including at MAN. This is compounded in the commercial vehicles business by other factors such as the introduction of the Euro V emission standard in Brazil at the beginning of 2012. However, we are now receiving more positive reports from South America at the moment... Against this backdrop, the MAN Group’s order intake fell to €3.5 billion in the third quarter, down 14% on the prior-year level. This is attributable to the Commercial Vehicles business area. Order intake at MAN Truck and Bus declined by 16% in the months of July to September...


* China - JAC Exports 500 Light Trucks to Brazil


Hefei,Anhui,China -Anhui News -30 Oct 2012: -- Anhui-based JAC, one of the top 10 auto makers in China, exported 500 light trucks to Brazil on Oct 26, marking the country's largest single deal to a South American nation and showcasing the firm's advanced technology... As one of the two major auto makers in East China's, Anhui province, JAC (Jianghuai Automobile Co, Ltd.) made 40 billion yuan ($6.3 billion) in sales with 500,000 autos in 2011. It is now ranked 249 in China's top 500 list, numbering six in Anhui and first in the provincial capital of Hefei...


* Wiscosin / USA - Truckmaker rejects takeover offer by Icahn as unwelcome 

Oshkosh,WIS,USA -Bloomberg News/Press Display -27 Oct 2012: -- Oshkosh Corp.’s board rejected an unsolicited offer from billionaire activist director Carl Icahn to buy the truck maker for about US$3-billion. Mr. Icahn, Oshkosh’s largest investor with a 9.5% stake, has criticized the firm’s executives for poor performance. He said his proposal, made this month, would amount to about US$32.50 a share. The offer is “inadequate, undervalues the company and is not in the best interests of all Oshkosh shareholders,” the board said Friday. Oshkosh shares gained less than 1% to close at US$29.92 in New York trading and have gained 40% this year. Oshkosh makes commercial trucks and supplies blast-resistant trucks to the U.S. Army and Marine Corps...

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