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TRUCKMAKERS NEWS * USA
* Sweden / USA - Volvo’s July North American truck deliveries slip 11%
Gothenberg,Sweden -Transport Topics -30 Aug 2013: -- Volvo AB’s North American truck deliveries declined 11% in July from a year ago, the company said Aug. 30... Deliveries of its Volvo and Mack brands fell to 3,943 trucks from 4,437 a year ago, Gothenberg, Sweden-based Volvo said in a statement... Volvo AB, the parent company of Volvo Trucks and Mack Trucks, also makes the Eicher, UD Trucks and Renault Trucks brands... Year-to-date North American deliveries are 20% below a year ago, at 24,853 units... Worldwide truck deliveries for all Volvo brands rose 3% in July to almost 16,900 units, led by a 45% jump in South America, to 2,460... Heavy-duty trucks, which made up the majority, rose 5% worldwide, to 14,212... Volvo brand July heavy-duty truck deliveries jumped 20% worldwide to 9,959 units, while Mack’s fell 25%, to 1,715...
* Illinois - Springfield plant key to Navistar’s future
* Illinois - Navistar to offer Cummins engines in medium-duty trucks, buses
Warrensville,ILL,USA -The Chicago Tribune, by Alejandra Cancino -September 3, 2013: -- Navistar International Corp. said on Tuesday that it will offer engines from a competitor in its medium-duty trucks and school buses... The Lisle-based truck-and-engine maker said production for the trucks is scheduled to begin in December. Regular production of school buses is scheduled for late January... Navistar said its expanded partnership with Cummins because of customer demand. The company hopes to increase its market share and open the doors to new customers... Last year, Navistar began outfitting its heavy-duty trucks with 15-liter engines from Cummins Inc. ... In April, it started selling trucks with its own 13-liter engines that combine its technology with that of Cummins to reduce smog-causing nitrogen oxide... The deal with Cummins is part of the company’s strategy to return to profitability. The company’s losses widened in the second quarter as it absorbed higher-than-expected warranty costs related to engines Navistar built using technology that failed to meet 2010 federal emissions standards... Navistar has already cut hundreds of jobs nationwide, including more than 900 in Illinois...
* Michigan - Auto Makers' U.S. sales rise in August. Robust U.S. demand lifts big auto makers
Detroit,MICH,USA -Dow Jones Business News/NASDAQ -September 4, 2013: -- The auto industry just keeps on rolling. Riding a surge in buying by U.S. consumers, General Motors Co., Ford Motor Co., Chrysler Group LLC and Toyota Motor Corp., all reported robust increases in U.S. vehicle sales for August... Low interest rates and slow-but-steady job growth are emboldening consumers to trade in worn-out cars and trucks that still average about 11 years old, even after months of steadily improving new vehicle sales. The faster-than-expected rebound in the U.S. auto market is a bright spot for global auto makers coping with slumping demand in Europe and uncertainty in some big developing markets they are counting on for growth... Investors cheered the results in earlier trading Wednesday, pushing auto stocks up across the board. GM shares rose 2.8% to $35.10 in earlier trading while Ford increased 2.8% to $16.80...
* Michigan - Chrysler August U.S. sales grew 12% on Dodge, Ram strength
Auburn Hills,MICH,USA -The Wall Street Journal, by Michael Calia and John Kell -September 4, 2013: -- Chrysler Group LLC's August U.S. auto sales grew 12% with the strongest growth coming from its Dodge and Ram truck brands... The auto maker said it was the group's best August sales in six years... Broadly, U.S. new auto sales are expected to rise 13% in August from a year earlier, according to online automotive-information provider Edmunds.com. ... For Chrysler, Edmunds projected a 9% sales increase... Auto makers lately have gotten a lift from increased activity in the home-building and energy sectors, which are key pickup-truck consumers. Increased demand for big-ticket trucks also bolster the auto makers' profits because they boost the average prices consumers pay for new vehicles... Chrysler sold 165,552 vehicles in August, up from 148,472 a year earlier and 18% higher than July's total of 140,102. Truck sales increased 12% from last year and car sales grew 11%... The namesake's line sales grew 2%. Sales for the Dodge brand were up 12% and jumped 8% for Jeep. Ram truck brand sales grew 29%... August had 28 selling days in 2013, one more than a year earlier... Chrysler in late July reported a 16% jump in second-quarter profit, driven by rising demand for pickups and SUVs. The company's strong performance helped boost the results of majority owner Fiat S.p.A. ...
* Ohio - Class 8 used truck volumes recover in July
Uniontown,OH,USA -MTD -August 28, 2013: -- Volumes for used Class 8 trucks sold in July, 2013, recovered from the steep decline they experienced in June. All three market segments, auction, retail, and wholesale, contributed to the sequential gain, with the total market improving 4% month over month... The update on the used market was reported in the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by Americas Commercial Trucking (ACT) Research... The report from ACT provides data on the average used price for the top-selling Class 8 model for each of the major truck OEM brands -- Freightliner (Daimler); Kenworth and Peterbilt (Paccar); International (Navistar); and Volvo and Mack (Volvo)...
Labels: truckmakers news USA and Canada
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