A joint venture agreement for e-mobility products has been signed this week as part of a Hino and Traton electric power deal. The new JV will drive sustainable transport, based on the strategic partnership started in 2018. Read more
The International Trucks brand may become an integral part of a global truck manufacturing group, after Traton launched a new bid to buy Navistar, offering US$35 a share, to value the Chicago-based truck maker at US$3.5 billion. Read more
The long-awaited and several times-delayed Volkswagen truck arm sell off is set to go ahead soon and could value the operation at up to $24 billion. The VW organisation separated its commercial truck division from its car making operations and renamed it under the Traton name, after it took over both Scania and MAN trucks and joined them in with the South American VW truck manufacturing operation.
With the announcement of an extended deal between Traton and Hino, Volkswagen are closer to becoming a global truck player. Traton is the new name for the current Volkswagen truck making group, which includes Scania, MAN, VW Trucks in South America and an increasing holding in Navistar in the US.
Today sees the introduction of a new major truck maker brand, Traton. This is the name chosen by the powers that be at the head of the Volkswagen Truck and Bus Group.
We hear about a Highway Hero, Hino Expansion, VW Plan and Cummins Getting Batteries in Diesel News this week.
Capability and confidence is at a high for Hino with increased involvement from five of Australia’s largest automotive and commercial vehicle retail groups.
“During 2017 and 2018, we will open three new Hino dealerships and upgrade four existing sites to meet increased demand,” said Bill Gillespie, Hino Australia’s General Manager Brand and Franchise Development. “It is significant that we have increased investment from five of Australia’s largest automotive and commercial vehicle retail groups in key locations across the country, namely Automotive Holding Group/AHG (Coffs Harbour), Sci Fleet (Eagle Farm, Brisbane), CMV Group (Laverton, Melbourne), AP Eagers (Mascot, Sydney) and the Suttons family-owned group (Arndell Park, Sydney). Read more
The latest from Diesel News this week includes a Linfox Appointment, VW/Navistar, Tesla, TMC, Hydrogen Trucks and a New Scania Team, plus 3D Printing and Strong Truck Sales.
Terry Quinnell has been appointed Linfox President – Retail after 40 years’ experience in the logistics industry. Quinnell began his career as a Linfox driver in 1978, and has managed some of Linfox’s largest customers as Vice President – Retail, plus spent nine years as General Manager – Woolworths. He recently led the development and implementation of Linfox’s new subcontractor management system FOXLink. Read more
The musical chairs at the head of European truck manufacturers continues with another new CEO being appointed. This week it is Scania who have announced the appointment of a new CEO, just a few months after the previous incumbent took up the job.
Scania has appointed Henrik Henriksson as the new President and CEO of Scania. He is set to take up his position in the new year. He succeeds Per Hallberg, who was only appointed to the position in April. Read more
The ramifications which have followed the swift departure of its CEO to take up the post of CEO at Volvo continue to play out for Scania. Martin Lundstedt left his role as Scania CEO in the days before a major restructure of the truck making businesses owned by the Volkswagen group, Scania, MAN and VW trucks in South America. Read more
The probable reason behind a couple of big moves at the top of Volkswagen and the two truck brands it owns, Scania and MAN, is explained by an announcement this week. VW has announced it is creating an integrated commercial vehicles group to be called Truck & Bus to become the holding company for its commercial vehicle brands. Read more