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Mar 20, 2013

TRUCKS MARKETS * WORLDWIDE

* China’s LNG Trucks May Rise Fivefold by 2015 

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Beijing,China -Bloomberg (USA), by Chou Hui Hong -Mar 14, 2013: -- China’s LNG-fueled heavy-duty trucks may increase fivefold in less than two years as the country fights air pollution, Sanford C. Bernstein and Co. said... Liquefied natural gas may power 247,000 vehicles by 2015, up from 51,000 last year, reducing China’s dependence on oil imports, Neil Beveridge, a Hong Kong-based analyst at the company, said in an e-mailed report today. The country has 5 million heavy-duty trucks, Bernstein said... There may be 694,000 LNG-fueled trucks by 2020, or 6 percent out of a total fleet of 11.5 million, according to Bernstein...


* Kuwait - MAN plans big showroom in 

Kuwait City,Kuwait -Trade Arabia -18 March 2013: -- MAN Truck and Bus, one of the world's leading provider of commercial vehicles and buses based in Munich (Germany), has laid the foundation stone for a new integrated service and showroom facility in Kuwait... The upcoming 6,000 sq ft facility will be located in the Al Rai area in the heart of the automotive district in Kuwait... MAN‘s Kuwait facility will include a 250 sq m warehouse for all major fast moving parts as well as a 760 sq m workshop fully equipped with the latest technology and capable of servicing upto ten trucks simultaneously... With more than 1,500 MAN trucks sold over the last five years and a 25 per cent market share in Kuwait, this new facility will certainly provide a big boost in MAN’s ambition to be the preferred commercial vehicle partner for discerning customers in Kuwait...

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