Responding to concern regarding the influenza A (H1N1) virus, PAACE Automechanika Mexico is committed to providing regular updates on the situation and taking the appropriate measures onsite as recommended by the Mexican Government and Health Department.
Given the recent stabilization of the situation in Mexico, positive medical reports and the reopening of businesses and schools in Mexico, we have no doubt that we will have a very successful event this year: Wednesday, July 15, through Friday, July 17, at the Centro Banamex, Mexico City.
Mexico’s economy is likely to sink further and faster than had been expected, given the shocking contraction of 8.2 percent in the first quarter of the year. The shrinkage came prior to the outbreak of the H1NI virus and its consequent damage to the economy. As a result, it is clear that Mexico’s economy will be hit even harder in the subsequent quarters, and this is prompting downward revisions to GDP growth forecasts across the board.
Dana has today announced that James E. Sweetnam, 56, has been named president and chief executive officer, replacing John Devine as CEO.
Sweetnam joins Dana after more than 11 years at Eaton Corporation, where he most recently served as president of the company's global Truck Group.
In conjunction with the appointment of Sweetnam as president and CEO, Dana announced that John Devine, who most recently served as chairman and CEO, will continue as executive chairman moving forward.
European heavy-truck sales dropped at an accelerating rate in April 2009, led by Spain, Italy and eastern European countries, as the worldwide recession reduced demand from freight transporters and construction companies.
Sales in Eastern European countries dropped 68 percent to 1,595 trucks as Poland's market, the largest in that region, shrank by 68 percent, reports Bloomberg/LETA.
For the first time ever, Tata Motors showed off its much awaited World Truck range to eyes outside the company. Touted as a product that will change the way the world trucks, Tata Motors has been developing these for a while now - we've all bared witness to test mules plying roads over the past years - and the result as you can see, is awesome!
Their original plan was to conceptualize a commercial vehicle that they could sell the world over and by extension improve the quality of the industry back home as well. What followed was a rigorous process of observing, calculating, developing and designing a truly world class product. What really makes Tata's recent range of trucks truly world class though is that the effort behind the design and development has gone through from around the globe. The look and feel of the trucks is courtesy Stile Bertone - one of the most famous Italian design houses known to the automotive world.