It is hard to believe, but the 20th Annual HDMA Breakfast & Briefing on Friday, March 26th from 7:30am -9:00am at the Mid-America Trucking Show is only a few short weeks away! This year our 2010 keynote speaker is Martin Daum, President and CEO of Daimler Trucks North America.
PACCAR Inc, parent Company of DAF Trucks N.V., has announced that Harrie Schippers has been promoted to the position of president of DAF Trucks N.V, effective April 1.
Schippers, who joined DAF in 1986, is succeeding Aad Goudriaan, who decided to pursue his career outside the company.
NEW DELHI: Concerned over surge in imports particularly from China, India has slapped anti-dumping duty on several stainless steel products and radial tires.
The anti-dumping duty is a WTO compatible remedy available to protect domestic industry against cheap imports. The Central Board of Excise and Customs has imposed anti-dumping duty of up to $2254.7 per tonne on steel products — used mainly for making durables like refrigerators and also in automobile and kitchenware industries. The tire makers seemed pleased with the dumping duty of up to $99 per a set of bus and truck radial tires (including tubeless) from China and Thailand, while the vehicles makers opposed the move saying it is "detrimental to the industry that is trying to come out of recession".
MUMBAI: Commercial vehicles-maker, Asia MotorWorks (AMW), plans to more than double its production from 700 to 2,000 trucks per month in the next eight to nine months, a top company official said.
The truck-maker also plans to hire 500 professionals to meet the production challenges.
THE established “triad OEMs” (manufacturers in the United States, Europe, and Japan) have pursued emerging markets to compensate for the lack of growth in domestic markets. And according to Jurgen Reers, managing partner of North America for Roland Berger Strategy Consultants, they will even more aggressively pursue them in the next five years.
In Roland Berger’s presentation titled “The Global Commercial Vehicle Industry 2020 — A Strategic Assessment,” during HDMA’s HD Dialogue Conference in Las Vegas, Reers said that the triad OEMs received 70 percent of their revenue from the home region and 30 percent from abroad in 2008, but it will be a 50-50 split by 2010. That's because significant growth is expected over the next five years in China (8.25 percent), India (7.58 percent), Russia, and Brazil (both 3.9 percent).
OSHKOSH, Wis., Oshkosh Corporation announced today it has received an additional $640 million award from the U.S. Army Tank-automotive and Armaments Command Life Cycle Management Command (TACOM LCMC) to deliver 1,460 MRAP All Terrain Vehicles (M-ATV). To date, Oshkosh has received awards valued at more than $4.74 billion for 8,079 M-ATVs, as well as spare parts kits and aftermarket in-theater support.
Dieter Zetsche, President of ACEA and Chairman of the Board of Management of Daimler, has made the case for a new spirit of cooperation among politics, economy and society to make real progress towards a sustainable Europe.
‘The imperative for a sustainable Europe is an innovative, competitive industrial base and it is positive to see this recognized so prominently in the European Commission’s Vision 2020. Competitiveness is the cornerstone of sustainability’, said Zetsche in his welcoming speech at the ACEA annual reception in Brussels.