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Paccar's Lobbyist

Paccar's most recent submission, filed under the requirements of The Lobbying Disclosure Act of 1995 make interesting reading.In addition to a lobbying effort pertaining to Banking and Finance, Patent, Transportation and Manufacturing issues, the Bellevue-based 'Global technology and truck manufacturing company' - as it is described on the filing - is also preparing to lobby the US Senate about emissions.If Paccar is spending its money with a view to regularizing the emissions legislation cycle in the US, then it should be both

Volvo - NDM Deal Delayed

News that Volvo will not be able to redeem its already exercised option in Nissan Diesel until at least the end of August.But given that the option was exercised - we believe - simply in order to spike Christer Gardell's guns, we assume that this is no great loss to Gothenburg.

Truong Hai to List Shares and Expand

Vietnamese OEM Truong Hai is to issue 23 million shares, and aims to increase its equity capital to VND630 billion (US$39.5 / € 29.37 / £19.95 million) from the current VND450 billion.For every three shares they own, existing shareholders will have the right to buy one new share at face value price of VND10,000. Employees will be allowed to purchase around 900,000 shares at the same price. The remaining shares will be sold to strategic partners and outsiders at negotiated prices.Company chairman Tran Ba Duong said he expects Truong Hai to collect VND656 billion from the sale.

Dr Z and the FT

We read the following in the FT over the weekend, and repeat it here word for word.An interview with Dieter Zetsche focuses on the post Chrysler landscape for Daimler, and there are a couple of interesting observations made about the truck business.Here we go:(FT) What about the truck business?(DZ) Everybody knows that we are very well represented in the key markets. We have made significant progress in Europe and to an almost similar extent in the US as far as our efficiencies are concerned.

Another Fuso Recall

We were just thinking that it seems to have been a while since the last Mitsubishi Fuso recall.Not to worry - here's news - care of Marketwatch - that 5,023 Super Great models are to be called in so that a defective engine mounting can be rectified.

MAN, Freightliner Settle at £250 Million

MAN and Freightliner have settled their spat over the naughtiness at ERF.Freightliner will pay £250 million ($496 / €369 million) to MAN AG in settlement. MAN had originally claimed £300 million, but this settlement means that not only will both sides avoid serious litigation costs - or more serious litigation costs.

Ashok Attacks Used Vehicle Market

Ashok Leyland is to establish a wholly-owned Used Vehicle sales operation in India. Called ALTRUX, the new operation will purchase and recondition used Ashok Leyland vehicles, which will then be marketed with a six-month warranty.

More from Renton

More from Aressa:"Well, I obviously was confused, and I apologize for not making any clear arguments (and for misinterpreting the timestamps, etc).I just got a little defensive. What I read into your post is that you implied that the employees are slacking off and not doing their jobs. The Kenworth Renton employees are a great group of hard-working folks that bust their butts to make the best quality product on the road.I agree that there is tension in the plant due to the layoffs, but I can assure you that it does not reflect on the quality of the product.

More on Renton: an Employee Writes.

We'll take a look at Paccar's Q1 figures in a moment, but first let us share with you the following comments received from 'aressa' following our decision to post some pictures of the Kenworth plant in Renton, WA. Aressa's comments are in bold typeI was working in the Renton Plant the day that you took the pictures, and I am sure that there was plenty of activity going on!Certainly - We were taking photographs - didn't see much else.