MANUFACTURERS
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Market shares: SMMT survey
• Society of Motor Manufacturers and Traders figuers show that Leyland and MercedesBenz are maintaining their growth in the British truck market, which declined last month from 5,618 to 5,324 registrations, reports Commercial Motor, May 17. Leyland's leadership comes as it announces a £19 million cut in the truck company's loss last year.
After four months of the year, the percentage shares of the market (last year's percentages in brackets) are: Leyland 17.8 (14.6); Mercedes 13.5 (11.2); Ford 13 (16.8) and Iveco, with whom its range will be merged in July, 3.9 (3.5); Bedford 10 (13.6); Volvo 8.9 (8.4); Renault/ Dodge 8 (9.2); MAN-VW 6.2 (2.9); Daf 5.6 (5.5) Scania level at 5; ERF 2.7 (3); Foden 1.2 (0.9); Dennis 0.8(0.9); and Seddon Atkinson steady at 3.1 with fewer registrations.
• Daf trucks enjoyed a good year in 1985, reports Commercial Motor, May 3. Overall, profit went up from £2.56 million the year before to £5.4 million. Daf Trucks (GB) achieved record sales of 3,211 vehicles.
• Following the launch of its light commercial exchange engine scheme last year (Commercial Motor, July 6), General Motors' Parts Operation has now extended its remanufactured engine range with new units for Bedford TK, TL and TM trucks and PSV models. Commercial Motor, May 3. IlDespite a drop in UK sales of almost 11 per cent, Saab-Scania increased it new orders for commercial vehicles by 10 per cent during the first quarter of 1986 (Commercial Motor, April 26). By the end of March Scania GB sold 773 vehicles compared with 866 during the similar period last year. Scam blames the current decline m the UK tractive unit market above 29 tonnes GCW, which fell around 12 per cent.
But Saab-scania group profit and turnover during the first quarter rose by about seven per cent, according to the Financial Times, April 22. It says the company has around six per cent of world heavy truck production and a European share of 13.3 per cent.
• The engineering subsidiary of Hestair, which includes Dennis Eagle, Dennis Specialist Vehicles and Hestair Duple, recorded a profit of £2,275,000 last year (070,000 the previous year), says Commercial Motor, April 26. Massive reorganisation of the vehicle division, including the loss of 600 jobs, resulted in overheads worth £3 million saved.
• Ford and Iveco have merged their truck operations to form a new company known as Iveco Ford Truck Ltd, to be set up at the beginning of July and take over Ford's truck plant at Langley, Berkshire, reports Motor Transport; April 17. Commercial Motor, April 26, adds that the "bold new thinking" of this