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It
is not only the big motor companies that are looking
for alliances and mergers, but also some of the specialist
truck makers, too.
The latest development has seen Volkswagen buy a 15,1
per cent stake in MAN, curtailing its attempted takeover
of Swedish competitor Scania. VW said the share purchase
was an attempt to help Scania and MAN realise synergy
potential and save money through sharing components
and service networks. The MAN holding was valued at
R15,5-billion, and VW already owns 18,7 per cent of
Scania.
VWAG also has a standalone truck manufacturing operation
in Brazil, which will supply Volkswagen SA with the
arsenal to tackle its upcoming challenge in the heavy
truck and bus markets.
VWSA has announced that wholly black-owned company
Mzanzi Truck and Bus will assemble the company's range
of buses and heavy trucks. Assembly has already kicked
off at a plant built alongside VWSA's passenger car
assembly plant in Uitenhage.
Mzanzi, headed by VWSA's former logistics manager,
won the contract ahead of East London-based Ikhwezi
Trucktech, the empowerment company to which DaimlerChrysler
SA outsourced its CKD commercial vehicle production
in 2002.
Meanwhile Toyota-owned Hino Motor also has a tie-up
with Scania, marketing its trucks in Japan and sharing
some engines with the Swedish truck maker. MAN, the
third biggest truck manufacturer in Europe has recently
formed a technological alliance with Navistar International
in the US.
Volvo Trucks, Europe's second biggest truck manufacturer
behind Mercedes-Benz, has recently spent R4,3-billion
to raise its stake in Nissan Diesel. It forms part of
a planned drive into Asian markets, with Volvo hoping
to eventually own a 46,5 per cent stake in Nissan Diesel.
Volvo is now also rumoured to be considering acquisitions
in Japan, China and Russia in a bid to reach its growth
target.
Back home, another new local truck assembly operation
is the Super Group's production of about 45 Powerstar
trucks a month from the former Deutz diesel engine plant
in Pietermaritzburg. The units are based on a previous
Mercedes-Benz model range sourced from Mongolia. About
100 people are employed at the Pietermarizburg facility.
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