The Swedish truckmaker
will not conduct an equivalent reboot for approximately two decades.
announced that it will shift manufacture of midrange engines to the Melrose Park plant.
Scania has delivered 220 biodiesel-powered trucks to Austrian haulier Nothegger Transport.
Tata Motors, the nation's biggest truckmaker
and owner of Jaguar Land Rover, tumbled 2.
Tata Motors, India's largest truckmaker
and owner of Jaguar Land Rover, tumbled four per cent.
Dong Feng, owners of a Chinese truckmaker
in which Volvo recently purchased a 45 percent stake, has been blacklisted by a major Swedish state pension fund, Sweden's TV4 news has reported.
Scania Truck Namibia's Parts Manager based in Windhoek, Ilse Husselmann told the Economist earlier this week it is the philosophy of the Scania truckmaker
in Sweden that the right part must be in the right place at the right time, wherever that truck is operated in the world.
THE government and unions have welcomed the sale of Swedish truckmaker
AB Volvo's aeronautic unit Aero to British engineering group GKN.
MAN plans to slash costs to bolster profit that fell by more than a fifth in the first quarter due to tough competition in western European markets and could also come under pressure in Brazil.
MPC acquired Ferrostaal, a provider of industrial services in plant construction, from MAN SE last month after the German truckmaker
ended a dispute with Abu Dhabi's International Petroleum Investment Company.
Kamaz emerged as a top gainer, rocketing 22% in the absence of significant news.
45) Dana Hedgepeth, "Pentagon Contract Saves Jobs at Wisconsin Truckmaker