The Japanese Automobile Manufacturers Association (JAMA) issued updated forecasts today, 22 December, amongst which it expects that sales of commercial vehicles in Japan in calendar 2008 should total 860,000 units, a decline of 4.5 percent from 2007.
'Standard' truck demand in 2008 was projected by JAMA at 147,000 units, down 14.5 percent from 2007 owing to a combination of factors, including declines in capital investment, reduced payloads and other trends linked to the surge in fuel prices and the economic downturn. Demand for heavy-duty and medium-sized trucks is expected to finish at 74,500 units, a 16.5 percent plunge from the 2007 level.
For 2009, Heavy Duty Aftermarket Week (HDAW) and Truck Parts & Service magazine are pleased to introduce an exciting new marketing package for the HDAW conference.
The package includes a Product Spotlight item as well as an Exhibitor Listing including contact information, HDAW booth number and color logo in the February 2009 issue of Truck Parts & Service magazine, and a Product Display in the Product Showcase at the show in Orlando. The February issue will have bonus distribution at HDAW.
Spartan Chassis has said that it will plead guilty to a charge of making a false statement in regards to the terms of a military contract. The supplier will also pay a total of US$6m in related fines.
The announcement follows an investigation by the US Attorney's Office in the state of South Carolina into the company's military business involving a former independent contractor. The plea will be finalized at a court hearing on 22 December 2008.
Navistar International Corp. will restate its previously reported net income for the first nine months of the 2008 fiscal year, in the latest accounting problem for the maker of trucks, buses and diesel engines.
The Warrenville, Ill., company said Wednesday it will raise its net income by a range of $50 million to $70 million, or 68 cents a share to 95 cents a share, for the nine months ended July 31. Navistar said it overstated costs and undercounted inventories and accounts payable.
HD Dialogue ’09 - The Commercial Vehicle Industry in Transition
Over 20 of the industry’s most influential senior executives in one place, on one stage, discussing the transition of the commercial vehicle industry and the challenges it faces. Over 350 senior executives attended HDMA’s Heavy Duty Dialogue in 2008. 2009 is another year, and now it is even more important to attend Heavy Duty Dialogue ’09 to network, discuss and strategize how to navigate your business during this period of great transition and change.
RESEARCH TRIANGLE PARK, N.C. – Heavy Duty Dialogue ’09, with the theme of The Commercial Vehicle Industry in Transition, announces Paccar Inc vice chairman Thomas Plimpton as a featured speaker. A 30 year veteran of the industry, Plimpton brings an extensive background to the Heavy Duty Dialogue audience, including assignments in three Paccar divisions in the U. K. and the US.
Tom’s address will feature Paccar’s view of the future of the commercial vehicle industry from a global manufacturer’s perspective. As leader of a highly respected and innovative truck OEM, Mr. Plimpton has a unique perspective on the industry and will provide an interesting insight for the annual conference.