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Scania Moves to Calm Market Fears

There has been no shortage of concern expressed of late over the sustainability of the truck market recovery. Scania's comments here may therefore be seen as timely.

DAF Takes 19 Percent of Tatra

According to this report from Reuters. And, in doing so, we wonder if PACCAR finally gets access to the Indian market through Tatra-Vectra as well as RussiaA significant deal this one.For reference, this published a month or two back:

Stormy Weather

We learn of a night of long knives at Meritor, and of a sub-standard performance from Scania. The last few quarters have been quite sunny ones for the global truck biz. Maybe it's time to make sure that the storm shutters are working and there's bottled water in the cellar.

Ashok Leyland Sees Quarterly Profit Drop 30 Percent

Ashok Leyland'snet profit for the April-June quarter dropped by 30 percent, as local demandfor Commercial Vehicles faded and financing costs rose. The Hinduja Groupcompany posted a net profit of RS862.5 million ($19.38 million) in theApril-June quarter, compared with RS1.23 billion rupees a year earlier.

Navistar's Spiral of Despair: Litigation Redux

The passage of time can be measured in four different ways. Rotational time is based on the unit of the mean solar day (the average length of time it takes the Earth to complete one rotation on its axis). Dynamic time uses the motion of the moon and planets to determine time and avoids the problem of the Earth's varying rotation, whilst Atomic time is based on the extremely regular oscillations that occur within atoms.

Changes at Tata

According to this from the Economic Times, there's been a management reshuffle at Tata. And the relationship with Fiat? Presumably next on the agenda.