Transport Topics Magazine
Heavy-duty truck manufacturers said they are experiencing rolling components shortages as suppliers who survived the recession struggle to keep up with the unexpectedly rapid surge in demand for new trucks.
Some OEMs said they expected the problem to get worse later this year as they all strive to dramatically increase their production levels.
Truck Parts and Service Magazine
Navistar Inc. on Tuesday, June 28, announced that Al Saltiel, former president of NC2 Global, has returned to Navistar Inc. as chief marketing officer. NC2 is the 50/50 global joint venture between Caterpillar and Navistar that develops, manufactures and distributes commercial trucks outside North America and India.
Prior to his two-year post at NC2, Saltiel had served as vice president of marketing for Navistar. Phil Christman, Navistar’s president for global truck operations and a member of the NC2 board of directors, has been named as president of NC2 to leverage opportunities in growth markets.
NAM Economic Report
A number of important economic indicators will be released this week, with most economists focused on Friday's employment numbers for June. In light of the decline in manufacturing jobs in May, everyone will be looking for improvement.
A number of last week’s manufacturing reports showed rebounds in new orders and production, including the Institute for Supply Management's (ISM) Purchasing Managers Index. New data on factory orders nationally and manufacturing output in California, to be released this week, will probably continue that trend. With this in mind, I expect manufacturers resumed hiring starting in June and will continue to do so over the coming months. In addition, new data on factory orders and manufacturing output in California will be released.
Auto Business News
JD Power and Associates, a global marketing information company, has recognized United States-based Kenworth Truck Company with its highest customer satisfaction ranking in the 2011 Heavy Duty Truck Customer Satisfaction Study.
The vehicle won the Heavy Duty Dealer Service Segment. The study ranks customer satisfaction by evaluating manufacturer performance.
IHS Global Insight Daily Analysis
Linamar is planning to move into a new site in Skyland, North Carolina (United States), reports the Associated Press (AP). The Canadian supplier is moving into a facility that was shut down by Volvo Construction Equipment (VCE) more than a year ago. Initially, the plant will supply axle parts to Caterpillar and engine blocks to Volvo. Renovation and retooling work at the facility, expected to employ 363 people, is likely to start in August this year.
IHS Global Insight Daily Analysis
General Motors (GM) and Westport Innovations will work together to jointly develop natural gas engine technology for the automaker, according to a release by Westport picked up by the Associated Press (AP). The two companies will reportedly work together on CNG (compressed natural gas) engine controls, emissions, and performance strategies. Westport will also open a new technical centre in Michigan, in addition to the 15 people that the company employs at its Farmington Hills, Michigan, office. Westport is headquartered in Vancouver, Canada.
Significance: CNG is increasingly being discussed as an alternative fuel that could be quickly and easily exploited in the US, given the significant amounts of it that the US currently possesses as a natural resource. Chrysler-Fiat has also been making noise about developing a number of commercial Ram vehicles with CNG capability using Fiat's technology so prevalent in Europe.