ACT News Updates

Business

Daimler Opens Massive Factory in India, World鈥檚 Fastest Growing Truck Market

CHENNAI, India 鈥 Daimler AG officially opened its massive plant here on April 18, as the world鈥檚 largest commercial vehicle maker tries to push its way into what has become the fastest-growing truck and bus market in the world.

April 23, 2012
Business

Philadelphia Manufacturing Growth Slows

An index of manufacturing activity in the Philadelphia region declined this month to its lowest level since January but continued to show expansion, the Federal Reserve Bank of Philadelphia said.

April 19, 2012
Business

Daimler Opens Truck Manufacturing Plant in India

CHENNAI, India 鈥 Daimler A.G. officially opened its sprawling truck manufacturing plant here Wednesday to produce vehicles for its newest brand, BharatBenz, as the company looks to gain entry into India鈥檚 domestic market, the world鈥檚 fastest growing for trucks and buses.

April 18, 2012
BusinessGovernment

New York Manufacturing Index Drops

Manufacturing activity in the New York region expanded in April at the slowest rate in five months, the Federal Reserve Bank of New York said Monday.

April 16, 2012
Business

Navistar Disputes Rivals鈥 Claims on Efficiency, Touts ProStar Model as Best in 鈥楩luid Economy鈥

Officials from truck and engine maker Navistar Inc. have disputed fuel-efficiency claims made by its rivals and said that an independent testing agency has found its over-the-road International ProStar model has better 鈥渇luid economy鈥 than three of its rivals.

April 16, 2012
Business

Daimler Recalls Trucks

Daimler Trucks North America announced a recall of up to 8,747 recently built Freightliner Cascadia trucks and Western Star 4900s for possible seat problems and 1,000 Cascadias and Business Class M2s for possible steering wheel problems.

April 16, 2012
Business

Volkswagen Boosts Stake in MAN

German truck maker MAN SE said Volkswagen AG has boosted its majority stake in the company to 73% of its common shares, Reuters reported Friday.

April 13, 2012
Business

Great Dane Expanding Corporate Offices

SAVANNAH, Ga.聽鈥 Great Dane Trailers on Wednesday broke ground on a major expansion of its corporate offices here.

April 4, 2012
Business

Factory Orders Rise in February

Factory orders rose 1.3% in February, the third increase in four months, the Commerce Department reported.

April 3, 2012
Business

ISM Manufacturing Index Rises in March

U.S. manufacturing activity improved in March, the Institute for Supply Management said Monday.

April 2, 2012