04.03.2008
John Deere to expand its business in China
Deere & Co. (USA) will expand its presence in China through a joint venture with Xuzhou Xuwa Excavator Machinery Co., Ltd. (XCG), a subsidiary of Xuzhou Bohui Science and Technology Development CO. Ltd. (Bohui).
14.02.2008
Volvo Sales and Income
VOLVO Buses reports higher sales in the fourth quarter of 2007 compared with the same period in 2006. But operating income has fallen, in part because of fluctuations in currency exchange rates. During 2007, the city bus market remained steady and demand for hybrids rose, with Nova Bus securing new orders.
13.02.2008
Bobcat Opens New Plant for Europe
Bobcat (USA) has opened the company`s first newly-built manufacturing plant outside the USA at Dobris, about 35 km southwest of Prague, to serve markets in Europe, the Middle East and Africa (EMEA). Covering an area of more than 20 000 m?, the new plant is used for the fabrication, welding, painting and assembly of Bobcat small and mid-size compact loaders, mini-excavators up to 2 tonne in operating weight and a variety of attachments.
12.02.2008
Daimler Trucks Light Commercial Vehicle Group
Daimler Trucks North America announced that it has established a new Light Commercial Vehicle group, combining the resources of Sterling Truck Corp.’s Class 3 through Class 5 lines and Mitsubishi Fuso brand low cab-over engine (LCOE) operations in North America. This operation will be based in Redford, Mich. and will focus on the sales, marketing, product strategy and distribution of the Sterling 360, the Sterling Bullet and Mitsubishi Fuso Class 3 through Class 7 LCOE trucks.
11.02.2008
Cummins Records
Cummins Inc. has released results for 2007, completing a year of record sales and earnings. Cummins` sales rose 15 percent to $13.05 billion, from $11.36 billion in 2006. Net income rose to $739 million compared to $715 million.
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