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Jan 16, 2014

TRUCKMAKERS NEWS * USA: December Sales - Viridian EV truck

* Indiana - ACT December truck orders climb 51% 31,800 - Best since 2011

Columbus,IN,USA -HDMA -January 13, 2014: -- The Class 8 industry ended 2013 on a high note, as December truck orders surged 51% from year-ago levels, reinforcing manufacturers’ views that more growth could be coming in 2014... North American truck makers last month pulled in about 31,800 net orders, the strongest total since April 2011 and second-highest since the 2006 “pre-buy” event ahead of new federal emissions standards, ACT Research Co. reported... Analysts, including Tam, attributed the spike to large fleets and leasing companies placing big orders, original equipment manufacturers offering incentives and, to a smaller extent, a rush to buy equipment before the year-end expiration of bonus depreciation that allowed fleet owners to write off 50% of the cost of new equipment purchases during the first year of ownership... Ann Duignan of J.P. Morgan said the relative old age of the North American truck fleet also supported higher demand...


* California - Viridian, Green Automotive team up on small EV truck

(Photo: Viridian Motor Corporation EV Work Truck)
Riverside,CAL,USA -AutoblogGreen, by Jon LeSage -Jan 15th 2014: -- Green Automotive Company continued to diversify its electric vehicle portfolio through investment in electric truck manufacturer Viridian Motor Corporation... GAC has acquired 21.63% of Virginia-based Viridian and brings engineering and design experience in the electric truck market from its Liberty Electric Cars business... California-based Newport Coachworks will launching its first electric shuttle bus in February and will utilize Viridian's presence on the East Coast. While little trucks like this aren't exactly the sexiest vehicles in the world, there is a market for practical EVs like this. Viridian's press release cites a recent Navigant Research market study predicting annual global sales for electric and hybrid trucks will rise from under 10,000 in 2013 to more than 100,000 in 2020...

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