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TRUCKMAKERS NEWS * WORLDWIDE: Ashok Leyland / VOLVO
* India - Ashok Leyland announces voluntary retirement scheme
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Chennai,India -The Times of India -Nov 9, 2013: -- Stung by continuous fall in sales and with recovery in the sector looking distant, India's second largest truck maker by volume and Hinduja Group flagship Ashok Leyland on Friday announced a voluntary retirement scheme for its executives. The financial contours or implications were not disclosed... Truck makers in India are in the tweezer grip of poor economic growth impacting sales coupled with historic high discounts, which is denting profitability. For the quarter ended September 2013, Ashok Leyland said it incurred an operational loss of Rs 135 crore. Sales volume declined 23%, which was driven by a 25% drop in medium and heavy commercial vehicles volumes while light commercial vehicles declined by 17% year-on-year... A company spokesperson clarified that the severance package was only for executives of the company and not for workmen in the factory shop floor. Ashok Leyland employs nearly 4,500 executives across its offices in India...
* Sweden - Years of testing behind top class Volvo urban driving
Gothenburg,Sweden -Irish Trucker (Ireland) -7 November 2013: -- Volvo Trucks’ new Volvo FE and Volvo FL trucks are easier to drive in urban environments than ever before... This promise is based on years of testing and product development. Indeed, to guarantee efficiency and maximum driver comfort, everything has been tested – from steering wheel and mirror vibration to engine noise levels.. One of the most important parameters in the development of the new Volvo FE and Volvo FL has been to facilitate the driver's work situation by creating a truck that is both easy to drive and comfortable...
* Germany - China's CIMC buys German fire-fighting truckmaker Ziegler
Frankfurt,Germany -Reuters -Nov 8, 2013: -- Cash-strapped German fire-fighting vehicles maker Albert Ziegler GmbH and Co has been sold to China International Marine Containers Group (CIMC)... Ziegler, which filed for insolvency in 2011, was bought for 55 million euros ($74 million), the company said on Friday, adding that all 1000 jobs will be preserved... Ziegler makes specialised fire trucks for airports as well as electrical tunnel rescue vehicles with driving cabs facing in both directions. CIMC produces, among others, transportation vehicles for liquids, cement and refrigerated goods...
* Supercross Tundra beats out ski, rally and BMX teams in Toyota's SEMA challenge
Torrance, California -Gizmag, by C.C. Weiss -November 7, 2013: -- Instead of limiting its SEMA fleet to specialty vehicles it worked on itself, Toyota opened up the garage to professional Toyota Team athletes. The athletes worked with sponsors and aftermarket specialists in the Toyota Dream Build Challenge, developing dream vehicles for their sports. The tailgate-ready, portable bike repair center known as the "Let's Go Moto Tundra" proved victorious. The Crusher Corolla The Ultimate Dream Ski 4Runner got a full overhaul, inside and out Integrated iPad media stations in front and back control the roof box and vehicle function...Oakley, pro skier Simon Dumont and Herbst Smith Fabrication teamed on this specialized 4Ru...
Labels: truckmakers news worldwide
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