MyDigitalFC.com via FleetOwner.com
Germany’s Daimler, the world’s leading truck maker, recently announced its plans to make commercial vehicles in India under a new brand name, BharatBenz.
Marc Llistosella, MD and CEO, Daimler India Commercial Vehicles, speaks to G Balachander about the country-specific branding and market potential for premium trucks. Excerpts:
Just-Auto
According to Pavel Stanishevsky, Director General of OOO KAMAZ-Vostok, the number of orders is constantly growing, so the company will move to the plant named after A.M. Gorky in the near future. The area is now being prepared for production organization: the workers are cleaning the territory, preparing lighting and airing; they have removed two beam cranes from dead storage and prepared them for work.
To date, the manufacturing facilities of the joint venture are meant for annual production of 200-250 units. But according to the business project of the enterprise, it is planned to expand the production space to 1,500 square meters, to increase the number of employees more than three times, and to work in two shifts. New models of vehicles are being developed.
Dow Jones News Service
CNH Global N.V. (CNH) plans to build a factory in Argentina to assemble farm tractors and harvesting combines, as the company moves to shore up its farm machinery business in South America.
The plant in Cordoba, Argentina, will produce specialty tractors and large combines, machinery that CNH isn't currently assembling in South America. CNH, an Illinois-based component of Italy's Fiat Industrial Group, said its investment in the plant will top $100 million, roughly a quarter of company's capital expenditure budget for 2011. The 255,000-square-foot plant, which will be company's first plant in Argentina, will employ about 600 people. Production of Case IH and New Holland-branded farm machinery in Cordoba is expected to begin in the fourth quarter.
The Economic Times
MUMBAI: The world's largest tractor maker Mahindra & Mahindra plans to set up assembly plants in Tunisia, Morocco, South Africa, Kenya, Ethiopia and Zambia, boosting its manufacturing prowess to ramp up presence in the fast-growing African economy.
The auto major, which already has satellite plants in Gambia, Tchad, Mali, Ghana & Nigeria for farm equipment, will use its facilities to assemble three-wheelers, light commercial vehicles and utility vehicle Bolero to drive volumes in an economy marked by rising disposable incomes.
The Hindu Business Line
Volvo Trucks India will resume exports to South Asian countries from this year, though it has completely stopped exports to South Korea because of new emission norms.
Exports to South Korea were stopped because of Euro 5 norms prevalent in the country, while India requires only Euro 3 or Euro 4 norms. But with India now being a hub for South East Asia, it will supply trucks to neighboring countries like Bhutan, Bangladesh, Nepal and Sri Lanka.