Tata Motors Enters the Truck Market as European Diesel Giants Face Major Decline
Tuesday, June 2 – WASHINGTON – /EIN NEWS/ The roads are about to get more crowded at the wrong time for Western semi truck manufacturers.
European commercial vehicle sales slumped by a record 42.4 percent in April, and companies such as Scania, Volkswagen, Volvo, DAF and Iveco say they are suffering badly.
Meanwhile, India’s Tata Motors has just unveiled its first trucking solution, one touted to match existing performance standards but come at a lower life-cycle cost.
How will India’s entry into the tractor-trailer arena affect the global presence of the West’s top diesel truck makers?
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An EIN News service for transportation industry professionals, Truck Industry Today delivers the latest in trucking and freight shipping news. In addition to finding the latest news on commercial truck companies such as Paccar, Volvo and Daimler, readers can learn about issues facing the truck driver and fleets from government bodies, FMCSA and USDOT. Visitors to Truck Industry Today can search for trucking news by country at http://trucks.einnews.com.