Mahindra Navistar Will Enter Bus Market by Next Fiscal

The Hindu Business Line
Mahindra Navistar said on Thursday that it plans to launch a range of buses on a new purpose-built platform by 2011-12.

The company aims to produce both diesel and CNG variants for the 16-tonne category.

German Government Incentive for Early Adoption of Euro-6 Likely

Roadtransport.com via FleetOwner.com
The German Government n government is likely to introduce an incentive for the early adoption of Euro-6, like it has done prior to the implementation of some other earlier Euro emissions standards, according to Andreas Renschler, head of Daimler trucks and buses.

He believes this will be done via Maut, the German road user charge levied on HGVs, whereby the operators of Euro-6 trucks will pay a reduced fee. In his opinion such an incentive could be introduced in 2012, and if it is, Mercedes-Benz will have a range of Euro-6 trucks ready to sell to operators wanting to cash-in on the saving.

MEMA 2011 Legislative Summit

With the Republicans taking control of the House and narrowing the majority in the Senate, it is even more important that AASA, HDMA, and OESA members take the time to come to Washington to help both sides of the aisle recognize the importance of working together to help promote an economic environment to sustain domestic job creation, innovation, and growth. There are many new elected officials in key supplier states and districts, and many more new staff members who will need to get to know our industry. The Legislative Summit provides the perfect opportunity for them to hear directly from you about what policy changes are needed to ensure success in the supplier sector.

Hyundai to Seek Board Approval to Acquire Rare-Earth Supplies for EVs

IHS Global Insight Daily Analysis
Hyundai is seeking to acquire reserves of rare-earth materials used in electric and hybrid cars as the industry foresees a possible shortage of these minerals, reports Reuters. The company has proposed in a regulatory filing submitted on 18 February a change in its articles of incorporation to "secure resources for the development of eco-friendly vehicles".

An unnamed Hyundai spokesperson said that, "We will make efforts to vigorously secure rare earths and other rare resources used in cars." The proposal is currently subject to shareholders' approval at a meeting to be held on 11 March.

Lawsuit Dismissed Against M&M in US Court

Wheels Unplugged
New Delhi, Feb. 19 -- The global dreams of the Indian utility vehicle maker Mahindra & Mahindra (M&M ) had been stuck at the first instance in the critical US market due to various issues and the company had also tangled itself in a lawsuit filed by the distributor Global Vehicles for not providing vehicles in time. But now the can heave a sigh of relief as the litigations filed against it by Global Vehicles a court in Atlanta , Georgia last year has been dismissed, company said.