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TRUCKMAKERS NEWS * WORLDWIDE
* Sweden - Volvo cutting output after shipments fall in October
Stockholm,Sweden -Reuters, by Niklas Pollard/Sven Nordenstam/David Holmes -Nov 16, 2012: -- World number two truck maker Volvo said on Friday it was cutting shifts and introducing shortened work weeks after shipments of its trucks fell 8 percent year-on-year in October... The Swedish company said demand for long-haul trucks was slowing in North America in a sign of economic uncertainty, while lingering weakness in Europe meant it would be cutting output there in a move flagged by the group last month... Production has already been cut at its Renault Trucks arm. In addition, shortened working weeks would be introduced at the brand's plants starting at the end of this month, it added...
* Germany - Daimler Trucks to supply Kamaz with engines, axles
Frankfurt,Germany -Reuters, by Christiaan Hetzner/Mark Potter -Nov 16, 2012: -- Daimler, the world's largest truckmaker, will supply Russian partner Kamaz with cleaner-burning engines, saving development costs for Kamaz as Moscow introduces stricter laws to clamp down on pollution... Kamaz will procure more than 7,000 engines from its German ally and shareholder, as well as 15,000 front and rear axles for trucks and buses, the two firms said on Friday... The deal will help secure jobs in Daimler Trucks' three German powertrain plants in Mannheim, Kassel and Gaggenau, where around 14,000 people in total are employed... Financial terms of the deal were not disclosed...
Labels: truckmakers news worldwide
posted by Unknown @ 4:21 PM
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