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 pages will keep you updated.

 

Renault Begins Taiwanese Assembly

More news from Taiwan, where DAF's on-off relationship with Formosa Motors continues to cause intrigue.This time its Renault, and the announcement that the first eight Euro 4 compliant Renault Premium 450.26 T 6x2 trucks have been assembled in the Arcadia Motor plant, Renault Trucks' local dealer.

DaimlerChrysler Fleet Tests Hybrid Sprinter

In what it calls 'a display of commitment to the development of hybrid powertrain architecture and advanced batteries', DaimlerChrysler is expanding its concept plug-in hybrid program to include the new Sprinter.Up to 20 Dodge-badged Sprinter Plug-in Hybrid Electric Vehicles (PHEV) will be placed in the United States between now and the first quarter of 2008 as part of a test-fleet program. Four of the vehicles, built on the previous Sprinter platform, are already are in operation with customers.

HDNL axes 450 driver jobs

Home Delivery Network (HDNL) is shedding 10% of its workforce after a major restructuring. The 669 jobs under threat include nearly 450 full and part-time drivers out of a total workforce of 7,000. Depots throughout the country will be affected. The Transport and General Workers Union, which is in talks with HDNL during the consultation process, says the job losses are in part down to a drop in catalogue work.

Tata Completes Acquisition of Hispano Carrocera

Some bus news.Tata is to buy out the remaining 79 per cent of Spanish bus builder Hispano Carrocera for an undisclosed amount. The Indian OEM acquired a 21 per cent piece of the Spanish company in 2005, and is now exercising its option - which had another three years to run - to take on the rest.

Volvo, Fuso, Scania and Yuejin Expand in Asia

Some Asian news.According to this report, Volvo Malaysia is seeing strong truck market demand and is forecasting 2007 sales of around 350 units. "The demand for trucks in Malaysia remains strong in a very competitive market," said Goran Nyberg, Managing Director, as quoted on Business Times Malaysia. Volvo currently has around 13 per cent of the overall Malaysian market, and its products account for around 33 per cent of the tractor unit business

Kamaz Leasing Business Doubles Year on Year.

Or more than doubles, according to this report: in February 2007, it placed 290 vehicle units with customers - valued at RUR378 ($14.55 / €10.89 / £7.4) million as compared with 132 units - valued at RUR151 ($5.81 / €4.35 / £2.95) million in February 2006.Which all sounds like rather nice business.

GAZ Profits Rise

And here's some news from the GAZ Group, where profits rose 2.3 fold in the first nine months of 2006.

Kamaz, K-B to Establish Russian JV

We receive this Press Release from Knorr-Bremese, which may be paraphrased thus.Knorr-Bremse and KAMAZ have signed a declaration of intent, which will lead to the establishment of a joint venture in Russia. Knorr-Bremse will take over industrial leadership of the joint venture in which both partners have a 50 percent share. KAMAZ brings to the joint venture its activities in the wheel brake sector.

Norbert Dentressangle wants to buy Eddie Stobart

French transport giant Norbert Dentressangle has admitted that it wants to buy UK haulier Eddie Stobart. The firm is actively targeting the UK for rapid growth and sees the Cumbrian business as an ideal target, particularly as it appears to have been put up for sale, or at least open for investmen