1. Bellevue, Wash.-based Paccar, maker of Kenworth heavy-duty trucks, is relocating truck production from Mexico to Seattle. 2. A strike would have shut down some car and truck production, the company has said. 3. Chairman Ratan Tata told shareholders last week the company was pushing up its utility-vehicle production and reducing truck production to adjust to market demand. 4. Cooper also said its first-quarter results would drop because of weakening car and truck production. 5. Convinced that the high-profit trend will continue, they are racing to build light-truck factories and to convert car plants to truck production. 6. Ford is expected to shift much of its multimillion-dollar development budget to light truck production from car production. 7. GM said a strike would cause a parts shortage that would halt its North American car and truck production in about five days. 8. Herbert Stone, plant manager, said the facility was gutted before the change to truck production began. 9. In Sweden yesterday, Volvo said it is exploring ways to work with Mitsubishi Motors on truck production. 10. Increased car and truck production in July offset weakness in other industries as automakers braced for a possible strike. |