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Tougher Safety Standards Expected
2008-01-29 20:44:00
Key safety regulations from the National Highway Traffic Safety Administration will have a direct affect on light-duty commercial vehicles. Two key safety regulations from the National Highway Traffic Safety Administration will have a direct impact on light-duty commercial vehicles, and some manufacturers already have added compliant features. One regulation calls for tougher standards to help protect passengers from side-impact crashes, a NHTSA spokeswoman said. The second calls for electronic stability control systems for light-duty commercial vehicles and cars with a gross vehicle weight rating of 10,000 pounds to reduce the risk of rollover injuries. NHTSA rules requiring the use of electronic stability control systems were finalized and published in 2007. ESC systems will be phased in starting with the 2009 model year when 55% of light-duty vehicles must be so equipped. By 2012, 100% of vehicles 10,000 pounds GVW or less must be covered, NHTSA said. Side-impact crashes account ...
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BNSF Reports 4Q Profit; Revenue Reaches Record
2008-01-29 20:13:00
Burlington Northern Santa Fe Corp. said Tuesday its fourth-quarter profit dipped slightly but rose on a per-share basis, while its revenue reached a record. The western freight railroad’s net income was $517 million, or $1.46 per share, compared with $519 million, or $1.42 per share, the previous year. Freight revenue rose 9% to an all-time quarterly record of $4.12 billion, the parent of BNSF Railway Co. said in a statement. Fourth-quarter operating income was $950 million, compared to $943 million in the previous fourth quarter. That reflected a $257 million increase in fuel expense, resulting from higher fuel prices. For the full year, BNSF earned $1.83 billion, or $5.10 per share, compared with $1.89 billion, or $5.11 per share, in 2006.
More About: Profit , Record , Revenue , Cord

Insurance is a must in this transitory life
2008-01-28 15:21:00
Life is transitory……we cannot overcome this. But to surpass such a reality is not possible. We can at least afford to overcome the consequences. For such a reason the insurance companies are framing policies and coverages to provide us with the best possible insurance in the market. Life is uncertain… so the life insurance policies promise a reimbursement of a good amount of money to the nominee, in exchange of a monthly premium. Accidents are inevitable….But to maintain a life without the use of auto is unthinkable. So to overcome any possible crisis when you meet with an auto accident, auto insurance is of great help to you. Apart from food to eat and air to breathe, water to drink and clothes to wear we need a house to live. A house protects us from heat, cold, and rain. So to keep our house secured is essential. Home insurance comes with a wide range of coverage options to help us and protect our home. At times accidents lead to disastrous consequences. Health insurance ...
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Hitachi launches AC drive in rigid dump trucks
2008-01-24 12:27:00
Hitachi Mining, a part of Hitachi Construction Machinery, has introduced AC drive in rigid Dump trucks. The EH3500AC is powered by a Cummins 16-cylinder, QSK50 Tier II compliant turbo diesel, developing 1491kW at 1900rpm and driving through axle-mounted Hitachi AC traction drives. Fully loaded, the EH3500 weighs 500 tonnes with a payload of 360+ tonnes. The truck is powered by two AC traction motors, which propels the gargantuan to a speed of over 55KPH. The motors also function as electric brakes bringing the 3.6 metre wheels to a safe stop without the use of mechanical brake pads. AC drives start-off with a basic 6-7% higher efficiency over DC drives of comparable size, allowing faster travel speeds while reducing diesel fuel consumption. Using the same drive concept as a diesel electric locomotive, the EH3500 AC’s 3500HP diesel engine powers an AC alternator. Constant voltage DC from this alternator is transformed by an inverter into variable frequency AC, which in turn supplie...
More About: Trucks , Drive , Hitachi

United Tractors heavy equipment sales rise 53.5 percent in 2007
2008-01-24 06:46:00
Indonesia’s leading heavy equipment distributor and mining contractor, PT United Tractors, said Tuesday its sales of Komatsu heavy equipment rose 53.5 percent in 2007 from a year before. Sales to the mining sector remained the biggest contributor to the total, but sales to the agriculture sector posted the largest increase. The company sold 3,454 pieces of heavy equipment in the year, up from 2,250 a year before. Sales of heavy equipment for mining rose 30.7 percent to 1,315 and sales for agriculture nearly doubled to 1,144 units. Other machines sold in the year were for the construction and forestry sectors. Meanwhile, the company reported increased coal output from its own mines and from contracted mines. Output at contracted mines rose 27.8 percent to 54.3 million tons while output from its own mines reached 3.56 million tons. It gave no comparativte figure. United Tractors became directly involved in coal mining following its acquisition of PT Dasa Eka Jasatama in April. T...
More About: Equipment , Heavy , Rise

Caterpillar Tracked Bulldozers
2008-01-24 06:32:00
Bulldozers are the best versatile vehicles ever invented with Bulldozers tracks giving you more than better stability to carry on around at the job site. These tracks are also widely used on wet and muddy surfaces of the construction site or road site. The track models of bulldozers have more grip and firmness over the ground compared to the wheeled models of bulldozers. The Tracks varieties give the best usage value to your business and also the money you invested. Going through the tracks models, let us have deeper peak onto the characteristic of Caterpillar D3G Bulldozer model, this is one such bulldozer under the category of great track styles. The D3G bulldozer is embedded with lasers that would provide with very accurate grading that will yield you more productivity and profits too. The more accurate your laser technique the more accurate your work is. This would obviously cut down on labor costing in your company and gives you more productivity in turn. The bulldozers technol...

Bulldozers and Caterpillars Equipments
2008-01-24 06:18:00
There are varieties of bulldozers available in market today, each showing their uniqueness in terms of usage, features, style, versatility, etc. The new caterpillar wheel bulldozer offers you a unique and wonderful combination of mobility, versatility, power generation, speed, etc what a normal buyer may be looking for. The power of this wonderful machine is very much similar to that of any of the tracked bulldozers and the mobility of this machine is similar to that of a wheeled dozer. This new bulldozer offers you Cat C9 engine offering you a speed of 2100 rpm. It also offer wonderful high power horsepower with low displacement. The engine is best in terms of fuel economy and offers you durability for longer usage of years, this not only reduces the overall operating cost but offers good stability in longer run. The wonderful feature of this bulldozer is its crankshaft which is steel forged, hardened and carbonized to meet the standards for a long term durable truck or a bull doze...

Toyota to introduce diesel pickup, minivan in U.S. market
2008-01-23 15:21:00
Toyota Motor Corp. (7203.TO) said Sunday that it will introduce diesel-engine models in the U.S. market in an effort to offer low-emission vehicles. The Japanese car maker will also roll out plug-in gasoline-electric hybrids with lithium-ion batteries in the U.S. by 2010. Toyota will launch the Tundra pickup truck and the Sequoia minivan, which will be powered by a new diesel V8 engine, “in the near future,” Toyota President Katsuaki Watanabe said Sunday. Other Japanese car makers also said earlier in the day at the North American International Auto Show that they want to bring in diesel-powered vehicles in the U.S. as regulations for gas emissions are becoming stricter and gasoline prices remain high. Diesel engines are about 20% more fuel efficient than gasoline engines. Honda Motor Co. President Takeo Fukui said that it will launch diesel vehicles under its luxury Acura brand by 2009. Toyota, which is the world’s leading gasoline-electric hybrid car maker, will...
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School Bus Hit by Dump Truck in Antelope
2008-01-21 07:21:00
Three schoolchildren were shaken up when the bus they were riding in was hit by a dump truck and flipped over in Antelope. The collision happened at about 8 a.m. on Watt Avenue and Glentana Way. The truck’s driver was turning west onto Watt Avenue when his line of sight was blocked by another truck which was turning south onto Glentana Way, according to the California Highway Patrol. He failed to see the bus. Three children with autistim and the driver were on the bus headed to Wilson Riles School . They did not appear to be hurt but were taken to the hospital as a precaution. It was not immediately known if the students were wearing seat belts. All special education buses are equipped with seat belts, but students are not required to use them, accoring to CHP.
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Dump Truck Crashes into House, Sparks Gas Fire
2008-01-21 07:13:00
On Thursday, January 17, 2008 at 7:58 AM, 8 Companies of Los Angeles Fire fighters, 4 LAFD Rescue Ambulances, 1 Heavy Rescue, 1 Arson Unit, 1 Urban Search and Rescue Unit, 1 Hazardous Materials Team, 1 EMS Battalion Captain, 1 Battalion Chief Officer Command Team, 1 Division Chief Officer Command Team, Public Works, Building & Safety Inspector, Street Maintenance, DOT, DWP, LAPD, LA CO. Health and the So. California Gas Company, all under the direction of Assistant Chief Daniel Mc Carthy, responded to a Structure Fire at 2151 Alcyona Dr. in the Hollywood area. First arriving resources on the scene expected to find a structure fire as indicated by the multiple calls into the OCD Dispatch Center. Fire resources found an overturned dump truck into a one story single family dwelling, which had ruptured the gas line feeding the occupancy at the meter and also caused a diesel fuel spill. Early reports indicated that an elderly couple were trapped inside the occupancy. Los Angeles Fire ...
More About: House , Truck , Sparks , Crashes

Truck hanging off highway overpass
2008-01-17 14:36:00
A TRUCK is hanging over the rails of an overpass on the M5 motorway in Sydney’s southwest, causing serious traffic problems. The semi-trailer lost control as it tried to turn right from the M5 onto the Henry Lawson Drive overpass at Milperra about 1pm (AEDT) today, police said. The truck driver got out of the cabin safely. The load of a shipping container slid off the back of the truck, which rolled onto its side to hang over the edge of the overpass. The Roads and Traffic Authority (RTA) has warned of extensive delays as Henry Lawson Drive and part of the M5 have been closed while cranes remove the truck and engineers inspect the overpass. Westbound traffic on the M5 is being detoured via the on and off-ramps to continue along the motorway. Traffic queues on the M5 extend back to King Georges Road, several kilometres away, the RTA said.
More About: Truck , Highway

Nissan to make more Trucks
2008-01-16 15:24:00
Commercial vehicles manufacturer Nissan Diesel SA (NDSA) plans to increase its production capacity from 4 500 units to about 9 000 units a year from 2008, the firm says. It recently completed a R10.9m expansion project at its Rosslyn facility in Pretoria. “NDSA is confident that the recent growth in the local truck market will continue,” said Johan Richards, teh firm’s executive vice-president of management control. The announcement comes amid a construction boom in the lead-up to the 2010 Fifa World Cup that saw commercial vehicle sales rising despite tough trading conditions stemming from the higher interest rates and stricter credit lending laws. A total of 37 069 trucks were sold during 2007 - a 12% increase on 2006’s performance and the second straight year the local truck market set new sales benchmarks.
More About: Trucks , Make

Nissan signs agreement with ONDAS Media to bring satellite radio to Europe
2008-01-16 14:39:00
A satellite radio company, ONDAS Media , has entered into a commercial volume agreement to install satellite radio receivers in Nissan and Infiniti vehicles across Europe , so Nissan buyers will be among the first European car buyers to be able to receive the programming that ONDAS will create and distribute. “The ONDAS partnership team is already in the development phase for the radios and a significant amount of work has been completed to date,” said Dave Krueger, COO of ONDAS. “The radios in Nissan vehicles will be capable of receiving hundreds of channels of audio programming as well as a suite of data services. This definitive agreement brings ONDAS Media’s total number of pre-sold, factory-installed satellite radios beyond the 1 million mark and is another milestone in our plan to bring our unique content offering to European consumers by 2011.” Through its fully integrated, digital satellite transmission network, ONDAS will broadcast its multi-ling...
More About: Radio , Satellite

Volvo Trucks and Daimler sign Indian JV agreements
2008-01-16 14:36:00
Britain’s Truck and Bus Builder newsletter reports that Daimler Trucks and the Indian Honda motorcycle manufacturer Hero have set up a joint venture to build Indian-market versions of Mercedes-Benz CVs in India. It also reports that the Volvo Group has signed a letter of intent with Eicher Motors, India’s third largest CV manufacturer after Tata and Ashok Leyland, to set up a new joint-venture firm, which involves input cost of £172m on Volvo’s part, while Eicher will commit its truck, bus and component business to the new company. Volvo will transfer its Indian truck dealer and service network into the joint venture. The new firm employs some 2,300 people. Eicher built and sold some 24,300 light, medium and heavy trucks and 3,800 buses and coaches in the last financial year.
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Medium & Heavy Trucks in Europe Industry Profile is an Essential Resour
2008-01-16 14:33:00
Research and Markets (http://www.researchandmarkets.com/report s/c79527) has announced the addition of “Medium & Heavy Trucks in Europe ” to their offering.Our Medium & Heavy Trucks in Europe industry profile is an essential resource for top-level data and analysis covering the medium & heavy trucks industry. It includes detailed data on market size and segmentation, plus textual and graphical analysis of the key trends and competitive landscape, leading companies and demographic information. Scope Contains an executive summary and data on value, volume and/or segmentation Provides textual analysis of the industry’s recent performance and future prospects Incorporates in-depth five forces competitive environment analysis and scorecards Includes a five-year forecast of the industry The leading companies are profiled with supporting key financial metrics Supported by the ke...
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Stable real estate market with great weather and golf
2008-01-14 08:35:00
The bad weather in the northeast this weekend, which included two estrange snow storms and a stupid alluvium of ice, got me thinking ahead to our trip to South Carolina between Christmas and New Years. That may not be far enough south; weather duration the last weekend of December is regularly a crapshoot along the Carolinas coast. I’ve played golf that week in blunt sleeves and I’ve played in a ski jacket. I recall a beginner from New Jersey whom I was matched up with at Pawleys Plantation one year.He was so bundled up he looked like the Michelin Man, and swung like him as well. The only sure bet this time of the year is someplace undeniably warm, like the Caribbean or southern Florida. Friday’s Wall Street thing, which was not delivered to my approach because of the snow, featured an itemise about Americans investing in island homes. Properties in the Dominican Republic, the itemise indicates, have appreciated by twofold digits in contemporary years. Sounds good to me; many ...
More About: Weather , Estate , Real Estate , Real Estate Market , Golf

Indian Music – HINDI, TAMIL, and TELUGU Film Music
2008-01-11 18:01:00
Introduction Twenty centuries ago, the essential role of music of India was deemed to be purely ritualistic. Music as entertainment is supposed to have evolved much later. Another part of Indian music is folk music. Indian classical music is said to have evolved out of the mixture of these. It is presumed that folk music existed long before the Aryans came to India, the Dravidians having their own. The art of music practised in India has a special significance, as it has developed from the ritualistic music in association with folk music and other musical expressions of neighbouring nations, developing into its own characteristic art. Matured through ‘’thought, experience and expression”, Indian classical music has become unique in the world. THE ORIGINS OF INDIAN MUSIC The origin of Indian music is said to be rooted in the Vedas. It is said that God Himself is musical sound, the sound which pervades the whole universe, i.e. Nadabrahma. The origins of Indian music are therefor...
More About: Film , Telugu , Hindi

Used Trucks, International Trucks, Pickup Truck, Mack Trucks, Dump Truck Fo
2008-01-10 10:36:00
Get into the world of Truck s 9 and get unlimited offers and get exclusive trucks at best deals from market. The enormous and outstanding collection of trucks9.com helps you in selecting the best truck, trailer or equipment for your business. Join us for free and list your trucks and trailer absolutely free of cost. You can have your personal account with us once you join us and post free classified ads, post trucks, advertise other accessories and details about your company which will not only help you increase your contacts but also grow your business in no time. See it to believe it! Trucks 9.com helps you gain more customer base by making you well known in your own area and even outside your county. The massive database that we are made up of speaks volumes about the number of members we have on site and how our site is the most reliable over Internet compared to other sites. If you are with us and placed your personal details on site, don’t worry its only for our reference ...
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About Heavy Machinery equipment Trader
2008-01-08 09:23:00
Welcome to Machinery Junction, the perfect site to sell and buy heavy machinery equipment. We are the intermediaries that let you get in touch in right person at right time. The most sought after site over Internet to buy and sell heavy machinery equipment, there is no need to search further. The favorite amongst dealers, Machineryjunction.com is the perfect junction where sellers meet buyers and buyers meet sellers in a perfect environment with similar interests. Expand your client and customer base exclusively at Machinery Junction Browse through our varied categories and select from vast array of listed equipments. You would simply be relaxed after browsing our site once for you get anything in whatever machinery equipment you ever needed for your business needs. Join us at Machineryjunction.com absolutely free of cost; list your heavy machinery equipments to maximum limit you can and see your business grow in no time. Buy the machineries from other sellers across the continent. ...
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Detroit auto show will have green emphasis
2008-01-08 09:20:00
The North American International Auto Show in Detroit — home of great design, worldwide unveilings, and the biggest gathering of media of any global auto show — will be environmentally conscious this year.”Green is going to be the theme, right, wrong, or indifferent,” said auto show co-chair Joe Serra, CEO of Grand Blanc Township-based Serra Automotive.The show, featuring some 90 exhibits, opens to the public Jan. 19 and runs through Jan. 27 at Cobo Center in Detroit. Environmentally friendly cars, including concepts from Jeep, Chrysler and Dodge, are among the more than 50 production and concept vehicles that will be unveiled first to the media Jan. 13-15 and then to the public during the auto show. With gasoline prices hovering at or above $3 a gallon, many customers are thinking more about being green, not to mention saving greenbacks. Auto companies are going into high gear to deliver more alternative fuel vehicles and hybrids, some of which show-goers wi...

Automakers take showrooms to customers
2008-01-08 08:50:00
With truck sales sagging nationwide because of the slowdown in home construction, General Motors is taking its latest truck models to work sites and marketing directly to the people most likely to buy them. The Hard Days Work Tour is another twist in the latest trend in the highly competitive automotive business: Targeting specific groups of potential customers with events that put the vehicles right in from of them. From taking trucks directly to construction sites to offering test drives at football games, companies are looking for new ways to attract customers. GM’s Work Tour kicked off recently at Arizona State University’s new East Valley campus, where about 300 hard hats gathered for a free lunch and a look at the trucks. They also lined up for a free power-tool raffle and certificates worth $250 toward the purchase of a GM truck. “Well, it’s a great way to get people’s attention,” said Kevin Davis, a construction worker from Queen Creek. Th...
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Hyundai predicts 2008 sales gain on expanded production, marketing
2008-01-04 15:25:00
Hyundai Motor Co. forecast a double-digit increase in sales for 2008 on expanded overseas production and stronger marketing. Global sales this year will total 3.11 million vehicles, an increase of 19.6 percent from 2007, Hyundai said in a statement Wednesday. That will generate 46 trillion won ($49 billion) in revenue in 2008, the company said, an increase of 12.2 percent from the year before. “We must maximize our sales and marketing efforts in order to get closer to our customers, to grow the brand and improve profitability,” Hyundai Chairman Chung Mong-koo told employees in a New Year’s address Wednesday. Sales grew 4.1 percent to 2.6 million vehicles in 2007, Hyundai said. Some analysts said Hyundai may be too optimistic given the impact of the broadening mortgage crisis in the United States. Defaults on high-risk housing loans have tightened global credit and opened the possibility the U.S. may slip into a recession this year. Yong Dae-in, an analyst at Hanwha Sec...
More About: Marketing , Hyundai , Production

Dump truck damages Everett overpass
2008-01-04 06:35:00
Traffic was backed up this morning on Route 16 west after a dump truck slammed into an overpass below the same traffic rotary that was the site of a fiery crash one month ago, state police say. The full extent of the damage to the Route 99 Sweetser Circle overpass has not been determined yet, but there is no immediate danger to motorists in the area, according to the Department of Conservation and Recreation. Two of the three lanes of Route 16 west are closed while DCR inspects the damaged portion of the overpass. State police Sgt. Mike Rafferty said the driver was on the portion of Route 16 west that runs beneath Sweetser Circle at 8:30 a.m. today when the trash truck’s movable dump, which was not fully lowered, hit the overpass. The driver received facial injuries and was taken to the hospital with non-life threatening injuries. The truck was not carrying anything at the time, Rafferty said. It’s unclear where the truck was headed. A bridge inspector from the Department of Con...
More About: Truck , Damages , Ages

Allied Transport expands Volvo truck fleet
2008-01-02 15:04:00
Allied Transport Establishment has contracted FAMCO (Al-Futtaim Auto and Machinery Company) to supply 30 Volvo trucks for its operations in the United Arab Emirates. The company, which selected the Volvo FH400 model with I-shift transmission technology, received the first vehicles from the order during a recent ceremony at the FAMCO headquarters in Dubai. “Our fleet currently includes eight Volvo trucks and we have found these vehicles to be very reliable. With the addition of the latest Volvo I-Shift trucks, we will be able to achieve our objectives with much better economy and improved efficiency,” said Ali Beyat, managing director of Allied Transport. “The primary reason for choosing these vehicles was Volvo’s superior quality and reliability, supported by FAMCO’s reputation for after-sales service,” he added. Allied Transport is now planning to provide DHL with the vehicles to boost the courier company’s fleet network in the Middle East ...
More About: Truck , Fleet , Leet

Strategy shift to help Volvo jack up sales
2008-01-02 14:31:00
Volvo Bus Corporation India expects a 30 per cent jump in the net sales volume in this calendar year. The company is estimated to have sold around 250 buses in the previous year, which includes inter-city and intra-city buses. Volvo has already started manufacturing buses locally, which it expects will accelerate sales. “Our Rs 100-crore plant — a 70:30 joint venture between Volvo and Jaico Automobiles — has already started production. Commercial launch will take place in the third or fourth week of January,” said Akash Passey, director — business, strategy and operational development, Volvo Bus Corporation. “We expect to increase our volumes significantly this year as we have changed our business model after starting local production,” he added. Volvo started its business in India in 2001. Around 1,500 buses are now on road in the country. The plant is expected to manufacture 500 buses annually. The company will hike the capacity of the unit to 1,000 buses by 2009. Th...
More About: Strategy , Volvo , Sales , Jack , Shift

Volvo to fix airbag fault
2008-01-02 14:20:00
VOLVO will fix a curtain airbag fault in its new V70 wagon before it arrives here early in 2008. Euro NCAP tests found a delay in the deployment of curtain airbags in the side pole test. Volvo agreed to modify production cars, so it was re-tested but failed again. However, Australian models should not have the problem, according to Volvo Car Australia public affairs manager Laurissa Mirabelli. “With regard to EuroNCAP, the V70 had a software upgrade,” she said. “The V70 fulfils Volvo’s own stringent internal safety requirements based on real world crash research, not a laboratory test. “In the real world variables such as speed, angles of impact and the size of the occupants differ each and every time, so the challenge is to offer the highest possible safety standards covering a wide spectrum of crash scenarios. “Volvo is committed to offering the highest levels of safety and we have every confidence in the protection offered to occupants of the V70 in the event of a col...
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Pickup Truck Wars
2007-12-28 09:07:00
Earlier this year, Toyota overtook General Motors (GM) in global auto sales for the first time. And 2007 was a banner year for Toyota’s truck division in the U.S., as it introduced a redesigned full-size pickup, the Tundra, intended to compete with the last reliable profit centers of American manufacturers. On top of rave press reviews, the vehicle earned the coveted Truck of the Year award from Motor Trend magazine in December, 2007. According to Automotive News, Tundra sales for the first 11 months of 2007 were up nearly 37%, to 177,336 vehicles, over sales of the previous model in the same period in 2006. Sales of GM and Chrysler Group’s competing trucks were flat. Ford suffered double-digit declines, though it still sold some 635,000 units of its flagship F Series pickup. The new A-BAT would potentially extend the ongoing dogfight into other segments of the U.S. truck market. The vehicle is a compact truck that would fit into the company’s lineup below the Tund...
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Volvo recalling 125,000 trucks
2007-12-28 08:04:00
Swedish truck-and-bus maker Volvo AB on Thursday said it would recall 125,000 trucks in North America because of a fire hazard. The trucks have been sold in the U.S., Mexico and Canada, he said. Volvo’s n headquarters for trucks is in Greensboro, N.C., and its North American construction equipment business is based in Skyland, N.C. Tommy Kohle, a spokesman for the company, said it would recall the Volvo VN, Volvo VHD and Volvo VT models constructed from 2003 to the present. “There’s a problem in the main switch in the lighting system which can lead to an overheating in the component. The light can go off, or the component could short circuit and lead to a fire,” he said. The company has received reports about the problem, he said, but it was not clear whether it had resulted in any serious incidents. Kohle said Volvo would fix the problem free of charge. He declined to give details on the cost of the recall, but said it would “not be significant” for ...
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Toyota Cruises Towards First Place
2007-12-27 10:43:00
Toyota Motor, whose small, fuel-efficient vehicles are reaping the benefits of soaring gas prices, raised its 2008 forecast to 9.85 million in vehicle sales, despite fears of a slowdown in its key U.S. market. Toyota’s forecasts could put it ahead of General Motors, the world’s largest automaker by vehicle sales. General Motors hasn’t given a forecast for next year, but estimated 9.2 million in vehicle sales in 2007. In 1978, the U.S. automaker created an unbeaten record when it sold 9.55 million units. As demand slows down in the U.S. and European markets, global automakers are counting on markets like India, China and Russia, where rising incomes are leading to high growth rates. Toyota Motor opened a factory in St. Petersburg last week and estimates a 25% rise in Russia sales next year. Toyota, the maker of models like the Camry and Prius hybrids, estimated 2.27 million in vehicle sales in its home market of Japan and 7.58 million in overseas sales for the next year. In Asi...
More About: Toyota , Cruises , Place

Guangzhou Toyota unveils 2008 sales target
2007-12-27 10:42:00
Guangzhou Toyota Motor Co., Ltd (GTMC), Toyota’s second joint venture in China, aims to increase its sales target by 17% in 2008 , powered by launching new models and the expansion of output capacity, market sources reported. GTMC estimates a projected sales volume of 210,000 vehicles next year, including 175,000 units of Camry premier sedan and 35,000 Yaris hatchback, which are scheduled to sell nationwide in the middle of 2008. Driven by soaring demand in premier class segment, the company raised its sales target twice to 170,000 units this year. The sales of Camry, the only model of GTMC in the mid-to-high segment, beat Honda’s Accord as the year’s best selling model, and reported a total sale of 153,000 units for the first 11 months. Yuan Zhongrong, the executive vice president of Guangzhou Toyota, expected the competition in the premier class segment to be much more intense next year compared to this year. Its rival Honda will begin to sell new Accord tomorrow, wit...
More About: Sales , Target