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Medium Duty Truck Parts

Posted on June 23, 2010.
Medium Duty Truck PartsGm may sell medium duty truck business

GM could sell its truck business heavyweight as it focuses on a profit building cars and light trucks. "We are considering options for our company to heavyweight trucks to better position the unit for growth," GM spokeswoman Melisa Tezanos Wednesday. She would not comment on prospective buyers.'s Largest manufacturer U.S. car does not break out financial results of the unit.

In 2006, the unit built about 40,800 Chevrolet Kodiak, GMC and Isuzu T-Series models TopKick. These vehicles are mainly used as dump trucks and delivery vehicles. In addition, the Flint Journal reported this week that Navistar International Corp. may be interested in the basic unit of Flint. It employs about 500 people. Roy Wiley, a spokesman for Warrenville, Illinois based Navistar declined comment.

"This deal makes so much sense, I hope it is," Bear Stearns analyst Peter Nesvold Wednesday. Nesvold believes the company truck heavyweight has annual revenues of two billion dollars and a value of $ 450 million to $ 500 million.

If Navistar were the buyer, the new production could add 50 cents to $ 1 per share in the profits of the company, Nesvold wrote in a report Tuesday. Nesvold, who is based in New York, rates GM shares "outperform" and Navistar shares "peer perform."

Still recovering ...
The Detroit automaker has sold more than 16 billion dollars in assets over the past two years to pay operating costs as posted net losses of $ 12.4 billion. Chief Financial Officer Fritz Henderson said in April that GM is still considering options for the assets, including the unit Allison Transmission in Indianapolis, which are outside its core automotive operations.

To stress, the Detroit automaker is under pressure to increase sales of cars and light trucks in the United States after surpassing the sales of Toyota Motor Corp. GM worldwide in the last quarter for the first time. The automaker needs the help of green filter to sift through the mismanagement

This year, GM announced its global sales target of 9.2 million cars and trucks, while Toyota expects to sell 9.34 million. asset sales include GM's 51 per cent of its finance unit to a group led by Cerberus Capital Management LP, increasing by $ 13 billion over three years, and stakes in Suzuki Motor Corp., Isuzu Motors Ltd. and Fuji Heavy Industries Ltd. , creeping up to 3 billion dollars.

GM's cash, marketable securities and available funds from a retirement fund for health care dropped to $ 24.7 billion at the end of March from 26.4 billion at the end of December that the manufacturer has made a payment of $ 1 billion to GMAC and $ 1 billion for a payment of convertible bonds.

The production of commercial vehicles to fuel cell
GM announced its plan to manufacture fuel for commercial vehicles like the Volt in the space of four years.

Larry Burns, GM vice president for research and development, said the next step is to continue work on engineering system production Chevrolet Volt fuel cell E-flex, which contains the same fuel cell base, the combination of battery and electric drive as a result.

The decision to go ahead with production engineering for the Volt - a plug-in version motor gasoline and alternative fuel cell - has recently been strengthened. "We are now entering a traditional process of producing vehicles that generally lasts three to four years," added Burns. "We're not at the stage Skunkworks."

"What makes it different than we are on real roads with real speeds," noted Burns. "We took the most technologically advanced car in the world on a 300-mile roa.

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