MAN: "Significant" decline in financial performance this year * Germany
* Truck maker MAN warns of falling profit
(Photo: German Rheinmetall MAN's headquarters)
Munich,Bavaria,Germany -The Local -4 Jun 13: -- German truck maker MAN, a unit of European car giant Volkswagen, warned Tuesday of a "significant" decline in financial performance this year due to increased provisions and the difficult situation in its engine business... The company blamed its bleak outlook on the continuing difficulties in the shipping industry, the European sovereign debt crisis as well as the poor economic situation in the Middle East... That meant the group's original profit expectations for the medium term would not be fulfilled. In addition, a tax audit had uncovered "substantial tax risks" ... Taken all the factors together, return on sales in 2013 "will fall significantly below the 2012 figure, whereas revenue will remain at the previous year's level," MAN said... In 2012, MAN booked a return on sales of 6.1 percent, with net profit of €189 million ($247 million) on sales of €15.772 billion...
* Japan - Nissan showcases new Leaf and e-NV200 at CCIA
Yokosuka-shi,Kanagawa,Japan -CCIA News/Fleet News (UK) -31 May 2013: -- Nissan will be showcasing its commitment to electric vehicles at this year’s Company Car in Action (CCIA) with the e-NV200 and the new Nissan Leaf... The new Leaf includes more than 100 major changes and for those intrigued by the technology they will be able to admire the unique ‘sliced’ Leaf display... The Leaf, which will go on sale later this year, will be joined by the e-NV200, which is now being tested by many large blue-chip companies, and will be available to drive during the two-day event... Nissan says the e-NV200 has already won praise with fleet operators during trials, for zero tailpipe emissions, driving comfort and generous carrying capacity and payload...
* China - Sinotruk secures export orders for 14,000 trucks
(Photo: HOWO A7 heavy duty truck / Automatic Transmission)
Jinan,Shandong,China -Xinhua -June 04, 2013: -- China's largest heavy-duty truck maker, Sinotruk, is poised to maintain growth in its exports this year despite shrinking overseas demand due to the eurozone debt crisis, the company said on Tuesday... The Jinan-based truck manufacturer has clinched export orders for more than 14,000 heavy-duty trucks so far this year. The company said Southeast Asian countries have become a major export destination for its vehicles, while other overseas markets like Central Asia and Africa have all witnessed steady growth. The company has just delivered the first batch of 300 HOWO-A7 type heavy-duty trucks to Hong Kong... The company owns the complete intellectual property right for the HOWO-A7 truck... The product entered markets in Brazil, Africa and West Asian countries in 2012... Last year, Sinotruk exported 20,852 vehicles, up 56 percent from 2010. Its exports revenue rose 82 percent year on year to 610 million U.S. dollars in the year. So far, the Hong Kong-listed company has established six overseas assembly plants with an annual capacity of 30,000 heavy-duty trucks...
* India - Ashok Leyland's Avia truck spotted testing in Chennai
(Ashok Leyland is all set to launch its Avia range of trucks in India and we have the spyshots of one testing in Chennai)
Chennai,India -Indian Autos Blog, by Nithyanandh K -Jun 3, 2013: -- The Avia range of trucks come with Cummins engines. The trucks will be built at Ashok Leyland’s Pantnagar plant launched in early 2010... The annual production capacity of the plant stands at 30,000 units... Avia is a Czech based truck maker with a strong presence in the eastern part of Europe. The company was bought by Ashok Leyland in 2006 and under the new ownership, the brand expanded to other international markets like the Middle East, Russia, Asia and South America... Earlier this year, Ashok Leyland announced that the Avia range of trucks will be launched in India this July. (Seen here are the spyshots of an Avia truck sent in by our eagle eyed reader Achyuth)... The Avia trucks offer a series of cargo haulers whose payload range from 6.5 to 12 tonnes. The trucks are powered by Euro-5 compliant Cummins diesel engines with power outputs of 160 bhp to 207 bhp. And you get air conditioned cabin...
* New Zealand - International: the last Kiwi truck maker, aims high
Mt Maunganui,NZ -Diesel Talk,by Chris Merlini -27 May 2013: -- The name, Intertruck Distributors, as importers for International trucks, seems reasonable enough. But a visit to their Mt Maunganui factory reveals that Intertruck Manufacturers and Distributors would be more appropriate... This is not an automotive import and distribute business model at all. It is import, assemble, add NZ specific value, and then distribute the finished heavy trucks... In a well-equipped, tidy 35,000 square foot factory, Intertruck’s business is building trucks and assembling them from complete knocked down units (CKD) imported from the United States. Just like the old days. But not out of nostalgic need, as managing director Comer Board tells... Costing $3.5 million, the plant that Board built includes state of the art bake ovens and engineering workshops with capacity to assemble 300 trucks per year. Two and half acres of land a re available on site to accommodate that expansion...
* Australia - Awesome Aussie roadtrain on the move
(Video from YouTube, Jan 27, 2013: Aussie road train an eight-wheel prime-mover coupled to a 2AB quad. The load is copper concentrate, gross combination weight about 170-tonnes and the operator is CUBE who apparently took over the Giacci operation)
Pilbara,WA,Australia -Biglorryblog (UK), by Martin Phippard and Pete Connock -27 January 2013: ... A big old Volvo road-train spotted in Western Australia last year. As you can see it's an eight-wheel prime-mover coupled to a 2AB quad. The load is copper concentrate, gross combination weight about 170-tonnes and the operator is CUBE who apparently took over the Giacci operation. Pete apologises for "the poor sound quality but he says it was blowing a gale at the time, hence the intrusive wind noise!” ... "AUSTRALIAN HEAVY METAL looks at the massive investment being made in the ore-bearing Pilbara region of Western Australia and at the ways in which road transport is making this huge expansion possible. Road trains galore!” ...
Labels: truckmakers news worldwide
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