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Jan 3, 2013

TRUCKMAKERS NEWS * WORLDWIDE

* Germany - Daimler Trucks sales growth Russia, India, and China

Stuttgart,Germany -RushLane -2 Jan 2013: -- Daimler Trucks saw tremendous growth throughout 2012 specially in markets of Asia and North America. Trucks NAFTA sold 129,000 trucks during the period January to November 2012 resulting in an increase of 21 percent over the same period in the previous year. Asian sales were even more noteworthy where sales increased by over one third. Fuso sales in Japan rose by 35% to about 32,000 units though sales in Brazilian markets were down considering the economic slowdown and introduction of new Euro V emission norms from the beginning of the year which led to dip in sales... Unit sales of the divisions 6 brands – Mercedes Benz, Fuso, Freightliner, Western Star, Thomas Built Buses and Bharat Benz totaled 424,000 units during the period January to November 2012 as against 371,000 units in the same period of 2011. This resulted in a 14 percent increase in sales...


* Sweden - Volvo to slash truck production over sluggish demand 

Torslanda,Gothenburg,Sweden -ABR/Automobile Manufacturing News -20 December 2012: -- Swedish automobile manufacturer Volvo is planning to slice its trucks production following the 17% slump in its global sales in November 2012... During the month, truck deliveries in Europe declined 13% to 3,835 units, while deliveries in North America dropped 24% to 2,243 vehicles over the same period previous year... According to the firm, the euro zone crisis has been mainly responsible for reduced demand for trucks which is further forcing it to slash production in North America... November sales in Asia too have declined 19% to 1,132 units in addition to 21% slump in South American market compared to the same period in 2011... Volvo Group's other truck brands including Volvo Group, Mack, Renault Trucks, and UD also reported respective declines of 24%, 11% and 19%, while sales of Volvo's Eicher brand had shown growth by rising 5% during the period, compared to corresponding period last year...

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