The Volvo Group’s first quarter of 2013 was characterized by low sales volumes and low capacity utilization, while the company continued to keep a high pace in the work to develop and launch new products. Net sales for the first quarter declined 25% to SEK 58.3 billion, primarily as a result of the weak order […]
Daimler has significantly strengthened its commercial vehicle business in China with the newly established entity “Daimler Trucks and Buses China Ltd.” According to company officials, it will provide a solid framework for future expansion of the existing truck business and continuously broaden the product portfolio. The entity has already obtained its business license from the […]
Sterti-Koni, the leader in heavy duty vehicle lifts, has just launched a new video. Available on YouTube as well, as on the company’s website homepage, the new piece showcases the power, performance and safety of the company’s ST 1082 wireless mobile columns lifts. It can be found at: Stertil-Koni Wireless Wireless Mobile Column Lifts About […]
Courtesy of Reuters by Lucia Mutikani: Economic growth regained speed in the first quarter, but not as much as expected, which could heighten fears the already weakening economy could struggle to handle deep government spending cuts and higher taxes. Gross domestic product expanded at 2.5 percent annual rate, the Commerce Department said on Friday, after […]
U.S. Transportation Secretary Ray LaHood has just released distraction guidelines that encourage automobile manufacturers to limit the distraction risk connected to electronic devices built into their vehicles, such as communications, entertainment and navigation devices. “Distracted driving is a deadly epidemic that has devastating consequences on our nation’s roadways,” said Secretary LaHood. “These guidelines recognize that […]
The used truck market enjoyed a second consecutive month of improved volumes in March. The retail market was flat compared to February, while the wholesale market contracted. However the auction market roared back to life in March, growing 126%, giving the overall market a 4% boost month over month. The update on the used market […]
