In 2006, only 38 percent of US earthmoving equipment manufacturers sell 100 percent of their production through their independent authorized dealers, and those manufacturers expect that to decline to just 31 percent in 2007, according to AED"s just released 2006 Construction Equipment Market Study. 

Scania rejects MAN again Swedish truck producer Scania AB again rejected merge proposal from German automotive corporation MAN. Scania`s Board of Directors rejected the bid due to protest from company`s major shareholders - Investor AB and Wallenberg Foundations.  

John Deere gets richer Deere & Company announced worldwide net income of $277.3 million, or $1.20 per share, for the fourth quarter ended October 31, compared with $232.8 million, or $0.96 per share, for the same period last year.  

KAMAZ to establish a plant in Pakistan Russian truck manufacturer KAMAZ plans to establish an assembly facility in Pakistan. This was reported to press by KAMAZ`s deputy general director Akhat Urmanov at conference “Competition on strategic markets”. 

Bridgestone to open a plant in Russia Japanese Tyre maker Bridgestone, world`s leading manufacturer of automotive tyres, intends to established a plant in Russia. If the company manages to quickly find a site for facility and guarantee the acquisition of qualified personnel, commencement of industrial production will be possible by 2010.