News

The latest new trucks, legal news, as well as updates from dealers and used truck sellers. Whether you’re interested in artics, rigids or tippers; drivers' hours law, driving standards or health and safety regulations; or simply want to know the latest updates from the rental, leasing or finance markets. Our product, dealer and compliance news page will keep you updated.

 

Applying the Brakes to Globalisation

This piece of analysis from Morgan Stanley catches the eye. It’s not about trucks per se, but more a counterpoint to the current globalisation debate.The author muses on the possibility of a return to what he terms ‘localisation’, and the impact thereof. And, given that the automotive industry has rushed headlong into a global world, what he has to say is not without significance. Bush is already adopting a quasi-isolationist posture – what happens if the rest of the world follows?

Week of Reckoning for Navistar

There’s an interesting report here concerning Navistar’s continuing woes.Tomorrow – Tuesday – it meets with NYSE officials with a view to postponing its mooted delisting from New York’s major exchange. If it gets dumped, then Navistar shares will be moved to the Pink Sheets.

Volvo Adds Nightshift to Gent Plant

Despite the mooted downturn in the EU truck market this year, Volvo is to add a nightshift at its Gent plant, and, in the process, is looking for 400 additional staff, according to local radio reports.A Volvo spokesman confirmed the move, adding that the company is eliminating overtime and the use of the Time Bank process.Is this a case of under-capacity, or is it a case of manufacturing consolidation? Apparently, this is move is aimed at bumping up FH/FM production, so obviously Volvo is optimistic about the prospects for 07. Or so it would seem.

Iveco ponders acquisition options

Iveco could be interested in mergers and acquisitions, particularly in <?xml:namespace prefix = st1 />North America, the Financial Times reports today.

Scania boss wants MAN co-operation agreement

The Financial Times reports today that Scania boss Lief Ostling wants a “co-operation” agreement with MAN following the end of MAN’s takeover bid for Scania earlier this week. This could involve working together in areas such as research and development as well as engine component production. This sounds very similar to the co-operation agreement that was in place but suddenly collapsed in February last year.

Iveco and .......

Good to see that Sergio Marchionne is getting with program and talking about Iveco and possible mergers, as per the FT this morning.

New terminal planned for Dover Port

Dover Harbour Board has released plans for a £300m expansion to Dover Port, following reports predicting major traffic increases over the next few years. Commercial vehicle traffic alone is set to rise from 2.3 million in 2006 to over 3.2 million in 2014. Bob Goldfield, Dover Harbour Board chief executive, says: “We are currently running out of capacity on land and the water espec

China in 2007: Be Afraid?

The future direction of the Chinese truck business is discussed in this article published by China Economic Net.It makes a number of seemingly valid points, which, when combined, suggest that 2006 was the year that the Chinese truck industry matured – from the perspectives both of the manufacturer and the buyer. Weights are increasing – witness the decline in quasi-heavy or medium duty products – and the corresponding rise in heavy duty.But the most interesting observation is, for us, that which concerns emissions.