NZ Truck & Driver News

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Increasing demand that has seen Christchurch dangerous goods tanker manufacturer Lowes Industries rapidly expanding – eventually spreading into five separate, adjoining buildings – has now seen it move into a new, purposebuilt home. With double the factory floor space of its restrictive, inefficient old Woolston setup, the new 2200-square-metre factory – on a 6500 sq. m. site at Hillsborough – is intended to futureproof the business for foreseeable expansion. The 65-year-old company, which makes the claim that it is “the top DG tanker manufacturer in New Zealand,” had been planning the expansion project for 10 years, managing director John Metcalf say..
NZ Truck & Driver News - December 2020

The male-dominant world of global truck company bosses has a new woman member – high-achieving Swede Karin Rådström taking over the management of Mercedes-Benz Trucks. Rådström, who will take up her role as Daimler Truck’s board of management member responsible for M-B trucks on February 1, started as a trainee at Scania just 16 years ago. Rådström graduated with a Master of Engineering in Industrial Management from the Royal Institute of Technology in Stockholm. Since 2007, she has held various managerial positions within Scania’s sales and service organisation including heading its bus and coach business and starting up its connect..
NZ Truck & Driver News - December 2020

Penske’s pullout from the Australia Supercars Championship does NOT mean the United States-based giant is also bailing-out of its New Zealand and Australian new truck businesses, the Australasian arm of the group says. Penske Australia & NZ has moved to snuff out any spinoff rumours along those lines in the wake of the US-based Team Penske’s departure from the Aussie V8 series and from its partnership with Dick Johnson Racing. In a press release, Penske Australia & NZ president Randall Seymore reaffirms its longterm commitment to the NZ and Australian truck markets. “Since Team Penske partnered with Dick Johnson to form DJR Team Penske several years ago, we h..
NZ Truck & Driver News - December 2020

TRATON’s bid to become the world’s No. 1 truckmaker took a major step forward in early November, with confirmation of its bid to complete the total buyout of America’s Navistar International Corporation. The deal, worth $US1.7billion, gives TRATON the foothold in the lucrative North American market that it has been pursuing. It already held a 16.7% stake in Navistar and since March 2017 has worked in a strategic alliance with the US company, which builds International trucks. The alliance, it says, “has delivered significant value to both companies through increased purchasing scale and the integration of new technologies.” This transaction builds on t..
NZ Truck & Driver News - December 2020

Hydrogen fuel cell pioneer Hyundai says it has won two huge orders with Chinese companies – to supply 4000 hydrogen trucks in the next four years. It has signed a memorandum of understanding with three Shanghai-based energy companies to supply 3000 hydrogen FCEVs – setting up a “business cluster” to cover hydrogen production, charging infrastructure and truck sales and lease programmes. Another MOU signed with two companies in the Beijing-Tianjin-Hebei economic zone, calls for the supply of another 1000 hydrogen trucks. China is, as Hyundai Motor commercial vehicle business executive VP Lee In-Cheol says, “one of the hydrogen markets with the most potenti..
NZ Truck & Driver News - December 2020

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