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TRUCKMAKERS' NEWS WORLDWIDE
* India - Ashok Leyland enters used trucks marketJaipur,India -PTI/The Hindu News -May 29, 2007: -- Hinduja group Flagship company Ashok Leyland has announced entering the market for buying and selling pre-owned trucks, making it the first commercial vehicle manufacturer in the country to do so... The trucks would be given a complete makeover and resold under the name 'Altrux' at half the price of new vehicles... Refurbishment of the body and chassis would be carried out to set Altrux quality standards by qualified personnel to ensure optimum performance and enable the buyer to operate the truck right from delivery point...
* Russia - GAZ intends to raise the dividends
Moscow,Russia -"AK&M" -29 May 2007: -- GAZ BOD recommended the holders to approve the 2006-dividends payment at the annual meeting June 21, the company informed... In 2005 the dividends were paid at 38.4 rub./stock in the total volume of 560.1mln rub. which is 100 fold higher prior year figures... The 2006-net profit (RAS) increased to 1.36bn rub. from 836.234mln; revenues - 23.765bn rub. from 23.136bn rub... GAZ Group is the largest car maker in Russia. It involves the car, trucks and buses producers. The major holder is Russian Machines...
Labels: truckmakers news
posted by Unknown @ 9:35 AM
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