Page 116 - Constrution Opportunities December 2016 Digital Edition

EQUIPMENT TICKER TAPE of luxury buses are sold for inter-city transportation. Its Oragadam bus factory has a capacity of 1,500 units and that can be scaled up to 4,000 units. JCB INDIA SHOWCASED ITS “MADE IN JVs in September. Tese joint ventures TEREX REVEALS LATEST FINANCIAL INDIA” MACHINES AT IMME 2016 focus on technology development and RESULTS JCB India Limited, showcased its new 5.5 manufacturing of powertrains and vehicles. Terex Corporation has announced third tonne Wheeled Loader – the JCB 455ZX Te agreement will allow Ashok Leyland to quarter 2016 income of $33.3 million, and the JCB G63QI Diesel Generator at continue manufacturing its fagship light or $0.31 per share, on net sales of $1.1 the International Mining and Machinery commercial vehicles - Dost, Partner and billion. Tis compares with income Exhibition (IMME) 2016 in Kolkata. Mitr (manufactured in Ashok Leyland’s from operations of $30.3 million, or Engineered for sectors such as Mining, Hosur plant)—with a 1 per cent royalty $0.28 per share, on net sales of $1.3 Construction, Ports and Roads, the payable to Nissan. billion for the same period a year earlier. machine comes with a powerful 6-cylinder Adjusted income for the third quarter Common Rail JCB DieselMAX 672 engine VE COMMERCIAL VEHICLES SALES Up of 2016 (excluding charges relating to which also was exhibited at the stand. Tis 14.43 pER CENT restructuring, divestiture-related activity machine is designed to work for longer Te joint venture between Sweden’s Volvo and tax benefts) was $20.5 million, or hours at a lower maintenance cost. JCB Group and Eicher Motors announced its $0.19 per share. Given market dynamics also presented its Genset range – the JCB total sales of Eicher-branded trucks and and the challenges in its cranes segment, G63QI Diesel Generator. Fitted with JCB buses to have increased by 15.44 per cent Terex expects its full year earnings to be ecoMAX engine, this compact Genset is to 4,449 units in October compared with $0.70 to $0.80 per share, excluding the extremely fuel efcient and saves upto 40% 3,854 units in the corresponding month last restructuring and other unusual items and space. year. In the domestic market, sales of Eicher to generate free cash fow of $150 to $200 trucks and buses stood at 3,854 units last million. MAHINDRA TRACTORS’ SALES ZOOM month compared with 3,466 units in the 61 pER CENT year-ago period, up 11.19 per cent. Exports TATA HITACHI SHOWCASES NEW Home-grown auto major Mahindra and of Eicher trucks and buses stood at 595 TECHNOLOGY Mahindra has reported 60.88 per cent units in October against 388 in the same Tata Hitachi Construction Machinery Co jump in total tractor sales at 45,177 units month last year, up 53.35 per cent.Sales of Pvt. Ltd has been contributing towards the in October. Te company had sold 28,081 Volvo trucks stood at 111 units last month development of Infrastructure and Mining units in the same month last year. Sales in compared with 131 units in October 2015, sector for over fve decades. Focused on the domestic tractor market were up 60.65 down 15.26 per cent. developing global products to suit Indian per cent at 43,826 units in October against working conditions. Te organization’s 27,280 units in the year-ago month. Exports DAIMLER BUSES HOpES TO BE product lineup includes a wide range of during the month zoomed 68.66 per cent to RUNNING ACROSS INDIA BY YEAR-END excavators: from 2T – 800T Excavators, 1,351 units from 801 units. Daimler’s vehicle manufacturing factory 35T to 290T Rigid dump trucks, Wheel near Chennai is set to export its frst fully- Loaders, Backhoe Loaders, and Motor ASHOK LEYLAND GETS CCI NOD TO BUY built bus soon. Te company had sold Graders etc. A pioneer in introducing the NISSAN’S STAKE IN JVS over 1,000 Oragadam-built buses in both latest technologically advanced equipment Ashok Leyland has received Competition domestic and export markets (only chassis) in the Indian market , Tata Hitachi has Commission of India approval to buy its since the start of its bus sale in November migrated technology from the EX series to Japanese partner Nissan Motors Ltd’s 2015. With expanded reach, the company EX Super of excavators and ZAXIS series stake in three joint ventures (JVs). Te now seeks to enter faster-growth curve. to ZAXIS GI series of excavators where truck and bus manufacturer formally Daimler will step up its focus on staf, features like online access to location of announced its plans to acquire all the tourist and inter-city segments to boost equipment, online health monitoring shares of Nissan Motors in three of its its bus sales while Mercedes-Benz brand system, etc. have been included. u 120 construction opportunities|DECEMbEr 2016