Hints and tips:
...Honda’s performance contrasts with Daimler, which saw its first-quarter net profit almost doubled compared with a year ago, buoyed by surging truck sales in North America....
...Premium-car manufacturers such as Volkswagen unit Audi, BMW, Daimler’s Mercedes-Benz and Jaguar Land Rover all operate joint venture factories in China with local partners....
...Daimler’s truck unit has also seen a slowdown in orders, including in the US, which had previously been a source of strength....
...At Ford Motor, the new Focus that goes on sale in Europe and North America next year, then Asia from 2012, will have about 80 per cent of its total number of parts in common, whether built in Michigan, St...
...As for Renault’s 21 per cent stake in the Volvo truck business, Daimler could again offer a helping hand given that the German group is the world’s largest truck maker....
...Worse, the company’s core truck market is facing growing competition from formidable new entrants such as Daimler, Volvo and MAN while domestic rival Ashok Leyland has teamed with Renault/ Nissan to target...
...He wants to triple the size of the company’s truck business to match market leaders Volvo and Daimler, which he said had set the “competitive” size for economies of scale....
...The new model is bigger and has a more rugged look and a more powerful V-8 engine than existing Tundras....
...George Pipas, Ford's chief sales analyst, said May was “a pretty weak month”, adding that “there are plenty of new cars and trucks in people's garages”....
...Sameer al-Ansari, chief executive of DIC, aims to have 60 per cent of its investments in Europe and North America, while the remaining 40 per cent will be in Asia, the Middle East and North Africa....
...Daimler shares outperformed the market on Monday rising as much as 2 per cent in morning trade to ?35.20....
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