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Apr 28, 2009

TRUCKMAKERS' NEWS * Australia

* Isuzu revs up for stationary engines

Brooklyn,Victoria,Australia -ATN -28 April 2009: -- Isuzu Australia is preparing for a change of pace as it enters the stationary engine market... The new division, to be known as Isuzu Diesel, will offer a range of 50 different engines, from a base 14 horsepower unit through to the top of the range 530 horsepower model, available from 35 specialist dealers... Isuzu Industrial and Marine Engines Manager Dean Whitford says the new venture is already attracting plenty of attention from the market...


* Financial crisis hits MaxiTrans

Derrimut,Vic,Australia -ATN, by Michael House -28 April 2009: -- Trailer manufacturer MaxiTrans will be forced to cut jobs, slash salaries and reduce its operations as its profits plummet in the face of the worldwide recession... MaxiTrans is expecting a 75 percent drop in profits by June as a result of the global financial crisis, leading the company to institute a number of radical measures in an attempt to offset the loss... While some analysts saying the financial crisis has created a “window of opportunity” for operators to purchase equipment at lower prices, MaxiTrans is still struggling... It has been a rapid reversal in fortunes for the manufacturer, with MaxiTrans this time last year announcing record order intakes and sales...

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