Archive for " June, 2012 "
As mercury had climbed, so did the confidence of James Buescher. Buescher had held lead for most of way for temperatures coming close to 100 F, fending off the challengers for winning race of NASCAR Truck Series recently @ Kentucky Speedway. Asked regarding oppressive heat, and Buescher tried very hard to not smirk. He said that he is from Texas and he is used to it. Buescher, had started night fourth in this season standings, had taken lead in the Turner Motorsports Chevrolet for 1st time in about 27 laps in to race of 150-circuits & had dominated rest the way. He got on top for about 119 laps. It was the 2nd career Truck Series victory of his, following one win in this year @ Kansas. He won season-opening race of Nationwide @ Daytona. Steve Turner, the team owner, says that for James [...]
It was reported that Bharat Benz trucks from the Daimler India Commercial Vehicle’s which get launched for India on 9th of September and the price will be around five to ten percent more than the competition. VRV Sriprasad, the VP @ marketing & sales has the press people that these trucks will be priced competitively, but features that they will offer will be a big benefit to the customers and hence the price is more by around five to ten percent. This company hasn’t yet unveiled the prices of their commercial vehicles but he said that these trucks will offer better payback because it is ten percent better than the competition in terms of fuel efficiency. This arm of the Daimler, the German auto major recently committed around 4,400 INR crores for business of commercial vehicles [...]
Navistar International recently announced that changes in the senior management were due to disastrous 1st quarter and they incurred a loss of around $172 million. Daniel C. Ustian, the chief executive officer, chairman, & president @ Navistar, says that their performance in the first half was not acceptable. There was warranty reserve included for reparing the early 2011 and 2012 automobiles. They were also affected by some speculation that was surrounding the certification of the engine for the Class Eight engine and this is the reason why they are working really tirelessly along with EPA of USA for getting a resolution. Results for Q2 got affected by the non-conformance penalties of EPA, costs that were warranty-related & payment of about $181 million for valuation of the income [...]
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