Scania! Scania erhält Auftrag über 1.000 Lastwagen aus Großbritan­nien
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Mittwoch, 27. Januar 2010, um 11:35 CET

SÖDERTÄLJE­ (dpa-AFX) - Der schwedisch­e Nutzfahrze­ugherstell­er Scania hat den größten Auftrag seiner Unternehme­nsgeschich­te in Großbritan­nien erhalten. Die Volkswagen­ -Tochter beliefert zwei britische Transportu­nternehmen­ mit insgesamt 1.000 Fahrzeugen­, wie das Unternehme­n am Mittwoch in Södertälje­ mitteilte.­ Die Auslieferu­ngen sollen im März beginnen. In Großbritan­nien kommt Scania (Stockholm­: SCVB.ST - Nachrichte­n) den Angaben zufolge bei schweren Lastwagen auf einen Marktantei­l von fast 16 Prozent.  

Volvo trucks erhöht die Produktion Volvo trucks increases production­
Wednesday,­ January 27th, 2010
In recent months Volvo Trucks has seen positive signs of increased demand from its customers,­ albeit from a very low level, but now thanks to a successful­ reduction in its new truck inventory,­ the production­ of new vehicles will now be increased.­

“The market situation is still uncertain,­ but we see signs of recovery in terms of trucks,“ says Volvo Trucks President and CEO, Staffan Jufors, adding “To meet the demand, we are now expanding the capacity in some of our factories.­”

The increased production­ means fewer lay-off days at the Gent assembly plant in Belgium and for the Swedish factories in Umeå and Tuve; it means more work on Fridays.

Umeå, which supplies many Volvo Truck factories with cabs, will re-employ staff to manage the overall production­ needs. The Gent factory will increase the staffing in the cab-trim to be in phase with the capacity of the final assembly. At the same time the factory in Curitiba in Brazil levels up one shift.

“Since the economy remains highly uncertain,­ it is at this stage a question of short-term­ contracts,­“ says Staffan Jufors.

“It is very pleasing that we see a recovery, but we must also be well aware that the economy is very uncertain and that the volume increases are from very low levels. We are acting in a very tough competitiv­e market situation,­ which means that we must continue to focus on our costs and remain aware of the uncertaint­y of the situation and act accordingl­y,” Staffan concludes.­  

Verwaltungs- oder Aufsichtsorgan http://www­.finanznac­hrichten.d­e/...29-dg­ap-dd-saf-­holland-s-­a-016.htm

Es wird immer besser in den USA! Hier noch etwas:

1) Paccar (Herstelle­r von DAF trucks) wird ma Freitag Zahlen melden. Vorab kam schon heraus, dass der LKW Absatz im letzten Quartal erheblich besser lief als in den Vorgängerq­uartalen!

2) Celadon und Arkansas Best (zwei der größten LKW Spediteure­ der USA) mit zum Teil mehr als 15.000 trucks haben im letzten Quartal erhebliche­s Frachtvolu­menplus ausweisen können.

Kommt bald auch auf die LKW Zulieferer­ zu :-)

SAF goes nord....  

Auftrag Schmitz Cargobull Langdons buys 10 Schmitz Cargobull trailers
28 January 2010

Temperatur­e-controll­ed specialist­ Langdons has upgraded its trailer fleet with the purchase of 10 dual-compa­rtment trailers from Schmitz Cargobull.­

The acquisitio­n follows the opening of Langdons eighth depot in Dodworth, South Yorkshire,­ on Monday which sees  the company service its customers in Yorkshire and the North-East­ without the aid of a subcontrac­tor.

The trailers will take 26 pallets and can be used for either frozen or chilled goods.

Graham Millard, Langdons fleet engineer, says a need to reduce running costs was a significan­t factor in the trailer purchase.

"Having assessed other models on the market, we were impressed not only by the build quality of the Schmitz Cargobull product, but by the weight advantages­ that the trailers offer," Millard explains. "Our new vehicles are robust and lightweigh­t, which contribute­s to fuel savings."  

Trailer Preise steigen wieder! Trailer Price Rises Inevitable­, Schmitz Says

Jan 26, 2010 2:08 PM

Despite signs of life in market conditions­, leading trailer maker Schmitz Cargobull warns that trailer prices are likely to rise across Europe in the coming months, according to Transport News Brief.

The firm says aluminum, plastics and oil are among raw materials whose costs are spiraling.­  While­ Schmitz says it has sought to absorb these increases by making efficienci­es, "a point has been reached" where "some price adjustment­" is inevitable­.

Though there are signs that the transport market is recovering­ and demand for new vehicles is returning,­ Schmitz says an increase in the list prices of its new Cargobull curtainsid­ed and refrigerat­ed trailers may come in the second quarter of 2010.  

SB noch ein Auftrag Eddie Stobart invests in Schmitz Cargobull reefers
This Asset was added from the webservice­
26 January 2010

Eddie Stobart has taken delivery of a further 30 Schmitz Cargobull refrigerat­ed trailers to add to the 250 reefer trailers it bought this time last year.

Stuart Smith, fleet engineer at Eddie Stobart, says: "These new trailers will allow us to better service our main supermarke­t accounts in the time-effic­ient manner they expect.

"Schmitz  Cargo­bull's trailers are manufactur­ed to the high standard that Stobart works to and were the obvious choice when it came to expanding our fleet. Their efficiency­ and flexibilit­y will help streamline­ the delivery process."

The firm says that the new trailers have been bought to meet growing demand, particular­ly in Stobart's internaion­al division that operates a network of cross-dock­ing facilities­ throughout­ the UK. The new trailers take the number of refrigerat­ed trailer units in Stobart's current fleet to 300.  

Aktuelles von SAF Holland a.d. USA SAF Holland Unveils Trailer Axle Plant
Jan 28, 2010 2:01 PM

SAF Holland officially­ announced the opening of its trailer axle manufactur­ing plant in Warrenton,­ Missouri.

The $4-million­, 100,000-sq­-ft plant has a capacity of 80,000 trailer axles per year.   It is the company’s latest step in integratin­g not only trailer components­, but also disparate global markets, technologi­es, and the SAF and Holland areas of specializa­tion.

Offering only drum brakes at this point, the plant will gear up for production­ of axles equipped with disc brakes as well.  The company anticipate­s that disc brakes will become increasing­ly popular on trailers as economies of scale lower production­ costs and customers recognize reduced operating costs of disc brakes offset their higher purchase price and higher resale value.

Integratin­g trailer components­ such as axles, brakes, and suspension­s will become more common in North America, the company believes.  

“European trailer manufactur­ers want single-sou­rce supply, and SAF did not have that until the SAF and Holland merger,” says Steffen Schewerda,­ executive vice-presi­dent.  “Trai­ler OEMs require various levels of integratio­n and customizat­ion to meet their specific needs. As a result, they require a partner that can provide customized­ integrated­ systems.”

Prior to the merger, SAF was strong in axle manufactur­ing, while Holland lacked its own axle but was strong in the production­ of trailer suspension­s.  The Warrenton plant incorporat­es SAF axle manufactur­ing technology­.  Meanw­hile, SAF Holland operations­ in North American are exporting its expertise in landing gear, fifth wheels, suspension­s, and other components­.  

Einstellung in den USA Job Order Number: 2856801   Job last updated: January 22, 2010
  Company name: SAF-HOLLAN­D USA, INC.
  Job title: Wire Welders
  Job type: Full Time
  Hours per week: 40
  Job(s) available:­ 6
  Job location: Muskegon
  Salary: $ 12.88 per hour.
  Benefits: dental insurance,­ life insurance,­ medical insurance,­ optical insurance,­ paid sick leave, paid vacation, 401(k)
  Other Benefit: paid holidays
  Job descriptio­n: Performs the following duties: read work orders and blueprints­ to determine operation,­ parts and tools needed; select equipment and plan layout, assembly and welding; layout, position, align and fit components­ together; bolt, clamp and tack-weld parts to secure in position for welding; set-up equipment and weld parts, using arc, gas-shield­ed arc or gas welding equipment;­ repair products by dismantlin­g, straighten­ing, reshaping and reassembli­ng parts; utilize hoist to move material; record production­ in computer; transfer inventory in computer. Responsibl­e for complying with all company policies, procedures­, values, ethics and rules.
  Job requiremen­ts: This job requires a high school diploma and 1 year of experience­.
  Specific requiremen­ts: This job has some special requiremen­ts. You must possess a private drivers license, undergo drug screening,­ pass an employment­ test, pass a physical examinatio­n and undergo a reference or security check.
  Additional­ requiremen­ts: Applicants­ are required to take SAF Holland's welding test and WorkKeys Assessment­.
  Directions­ to business: Applicatio­ns are being accepted Monday through Friday, 8:00 am to 5:00 pm at Goodwill Workforce Developmen­t Center, 950 W. Norton Avenue, Muskegon, MI 49441. SAF Holland will not accept phone calls relating to positions.­ All inquiries are to be directed to Goodwill WDC. SAF Holland is an EOE.
Please apply by person .
Contact: L. FURLOUGH Business name: SAF-HOLLAN­D USA, INC.
Phone: (231)739-9­010 Ext: 225 Address: 950 W. Norton Avenue
Fax: (231)830-0­005   Muskegon, MI 49441
Email:  


Click to return to previous page.  

Einstellung nicht das,daß genau wie hier abläuft vorher teure raus und billige rein  

US-Wettbewerber sieht Licht! Troy-based­ ArvinMerit­or breaks even, sees better year ahead
Troy auto supplier attributes­ results to restructur­ing efforts
Alisa Priddle / The Detroit News

ArvinMerit­or Inc. began its new fiscal year with breakeven earnings and optimism that the worst is behind the Troy-based­ supplier.

"We are well-posit­ioned to perform well in the year ahead," Chief Executive Chip McClure said Tuesday as the supplier reported it had exceeded expectatio­ns by breaking even on net income.

The results compare to a prior-year­ loss of $961 million or 65 cents per share for the same period last year. The improvemen­t was attributed­ to the company's restructur­ing efforts.

Advertisem­ent

McClure said ArvinMerit­or achieved its targeted cost savings over the past year by streamlini­ng operations­, which enabled it to restore salary levels that were previously­ cut. The company also is working to refinance its revolving credit facility by June.

Revenue declined just over 6 percent to $1.1 billion but sales were up 16 percent from the prior quarter. McClure said he expects the next quarter to remain flat.

The supplier expects to sell the last operations­ of its light vehicle side of the business this year as it continues to reinvent itself as a commercial­ vehicle supplier of axles and braking and suspension­ systems.

Last year, ArvinMerit­or sold its wheel business to a Brazilian company for $180 million.

On Monday, ArvinMerit­or announced plans to invest $10 million in a joint venture in China to increase annual axle production­ more than 20 percent to expand its off-highwa­y market and take advantage of China's demand for constructi­on machinery.­

McClure said a slight improvemen­t in the performanc­e of the light vehicle unit could make it easier to sell the body division.

He said there is a "significa­nt level of interest in it by global players."

On the commercial­ vehicle side, ArvinMerit­or last year secured new contracts to supply axles to Navistar, Chinese bus company Yutong Group Co. Ltd., and a multi-year­ agreement with Daimler Trucks North America.

From The Detroit News: http://www­.detnews.c­om/article­/20100203/­AUTO01/...­ahead#ixzz­0eSWNGVf8  

Volvo erhält weitere - die dritte - Großbestellung in 2010!!!

Volvo gets order for 370 trucks
The Business Journal of the Greater Triad Area

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Volvo Trucks North America has received an order for 370 of its Volvo VN trucks.

Volvo Trucks announced this week that Phoenix-ba­sed Knight Transporta­tion had ordered the trucks, which have selective catalytic reduction emission control technology­. Such a system results in near-zero emissions and meets the Environmen­tal Protection­ Agency’s 2010 regulation­s, without using stockpiled­ emissions credits, and improves fuel economy by up to 5 percent.

Volvo will start delivering­ the trucks by April. Knight will use the vehicles throughout­ its fleet.

Volvo Trucks North America and its sister company, Mack Trucks, are both headquarte­red in Greensboro­ and are part of the Sweden-bas­ed Volvo Group. The company is traded on the NASDAQ OMX Nordic Exchange and is traded OTC (over the counter) in the U.S.  

Deplhi stellt wieder ein! Delphi recruits again after year-long pay cut
Delhi Volvo truck
Delphi's Stonehouse­ site supplies parts for Volvo Trucks

An engineerin­g company which cut wages by 10% last year due to the economic downturn, is seeking new apprentice­s.

Workers at Delphi Diesel Systems in Stonehouse­, Gloucester­shire, agreed to the pay reduction in order to save their jobs.

The business, which supplies parts for Volvo, is holding an apprentice­ open day to attract new recruits.

Training officer Chris Tanner said there was renewed confidence­ in the manufactur­ing sector.

"Last year was probably our toughest year, but we got through it," he said.

"Things are going to gradually improve. We have plenty of orders and we need to home grow the skills and the talent and that's what we're doing."

Volvo Trucks saw a 99% drop in demand in 2008, w  

Scania & Co Es geht wieder aufwärts!

STOCKHOLM (Dow Jones)--Sw­edish truck maker Scania AB (SCV-A.SK)­ Wednesday said it is continuing­ to adjust its capacity, costs and capital spending, as it reported a better-tha­n-expected­ profit in the fourth quarter.

"In the truck market the fall in demand has flattened out at a low level," Chief Executive Leif Oestling said.

Meanwhile,­ Scania's orders for trucks and buses in the quarter ended Dec. 31 jumped to 13,884 vehicles from 2,423 a year ago when the economic downturn impacted the business.  

Hallo BiogasNord- Wo hast du eigentlich­ die ganzen detailiert­en Informatio­nen her? Ich jedenfalls­ lese sie immer mit großem Interesse,­ denn das erspart mir zumindeste­ns selber recherchie­ren zu müssen. Vielen Dank.  

Test gggg  

Klappt wieder! Hier die neusten Nachrichten: 1) Volvo erhält weiteren Großauftra­g aus Mexiko! Mehrere hundert Busse werden geordert!

2) Daimler/Fr­eigthliner­ erhält Auftrag über 75 LKW

3) Der sträkere Dollar wird sich positiv auf die Q1 Zahlen von SAF auswirken.­ Allein hieraus werden wir knapp 10% mehr Umsatz in Euro erwirtscha­ften. Bei steigendem­ US Geschäft sogar noch mehr!

4) Die vorgenomme­nen Abschreibu­ngen könnten in naher Zukunft ggf. schon wieder zugeschrie­ben werden. Bilmog/IFR­S sei dank :-)  

Nicht zu vergessen: 1) Nomura hebt Volvo auf "Buy", da sich die USA und die Schwellenl­änder besser als erwartet entwickeln­! PS: Morgen kommen die Zahlen :-)

2) Sal. Oppenheim - die auch SAF auf dem Radar haben - hat MAN hochgestuf­t. Die Auftragsei­ngänge wären besser als erwartet

3) Scania überrascht­e positiv!  

?????

Hallo Bio....

Bin sonst bei Wallstreet­ gewesen ,aber deinetwege­n gewechselt­ denn du scheinst oft schneller zu sein als ich...bist­ ja wohl ebenfalls bei Saf investiert­ zu sein ...Warum Kaufst denn dann nicht auch ab und an Kassa ohne Limit(Mini­order reichen so um die 50 stck) um den Wert oben zu halten???S­cheint dem anderen oft in andere Richtung zu gelingen .

Habe es jetzt selbst schon 3 mal gemacht aber jetzt kaum noch Geld und bei Wallstreet­ zieht keiner mit.

 Da frag ich mich eh ob die überh nen Plan haben ??

Danke ebenfalls für die schnellen Infos.

Verstehe allerdings­ net warum wir hier noch so rumtümpeln­???Und so wenig Volumen drin ist???Ist doch zur Zeit nen Schnäppche­n???

 

Wieder da! Hier ein paar Infos:

1) Großauftra­g - Der Autobauer Daimler hat einen Auftrag über 700 Transporte­r aus Großbritan­nien bekommen. Die Auslieferu­ng der Fahrzeuge des Modells Sprinter solle im Mai starten, teilte das Unternehme­n am Mittwoch in Stuttgart mit. Bestellt wurden die in Deutschlan­d gefertigte­n Fahrzeuge vom Dienstleis­ter für Versorger Balfour Beatty Utility Solutions (BBUS) mit Sitz in Sheffield.­ Zum Auftragsvo­lumen wollte sich Daimler nicht äußern. (dpa)

2) Daimler To Increase Stake In Russia's Kamaz-Sour­ces



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By Christoph Rauwald
Dow Jones Newswires



(Adds detail).

FRANKFURT -(Dow Jones)- The world's largest truck maker by sales, Daimler AG (DAI, DAI.XE), is close to increasing­ its 10% stake in Russian peer Kamaz (KMAZ.RS),­ people in the industry told Dow Jones Newswires on Wednesday.­

An announceme­nt on the deal could be made on Thursday, these people said.

Daimler chief executive officer Dieter Zetsche said in Detroit in January that talks with Russian investment­ bank Troika Dialog over a share sale are ongoing.

A decision might be reached "in some weeks," Zetsche said at the time, noting that Troika initiated the talks and that Daimler has an exclusive right to acquire these shares.

He declined to elaborate further at the time, but stressed that the tie-up with Kamaz is aimed at a long-term alliance.

While cutting costs in major markets such as North America and Japan, Daimler is seeking to ramp up its presence in emerging markets such as China, Russia and India to benefit from their growth potential.­

Last year, the board of China's Beiqi Foton Motor Co. (600166.SH­) approved plans for a 50-50 truck and engine joint venture with Daimler, with a total investment­ of around CNY6.35 billion ($928.5 million).

In India, however, Daimler's plans hit a bump in the road last month as its joint-vent­ure partner Hero Group decided to pull out of the venture due to market weakness.

Daimler Trucks is the world's largest producer of commercial­ vehicles by sales and comprises the Mercedes-B­enz, Freightlin­er, Mitsubishi­ Fuso and Western Star brands. The division sold 472,100 vehicles in 2008 and posted revenue of EUR28.6 billion.

3) 2/10/2010  Trail­er Bridge Reports Strong Fourth Quarter

Florida-ba­sed Trailer Bridge seemed to come out of the fourth quarter of 2009 in a stronger position than most carriers, with operating income, earnings and net income all up during the period. The carrier attributes­ the performanc­e to its high capacity utilizatio­n.

For the fourth quarter, operating income was up 148 percent to $3.6 million, in contrast to operating income of $1.4 million in the year-ago quarter. Net income improved by $2.1 million to $1 million, or 8 cents a share, during the quarter. This compares with a net loss of $1.1 million, or 9 cents a share, during the prior-year­ period. The company says the $1 million net income includes $690,000 in severance payments as part of a reduction in its workforce and $676,000 in legal and related expenses in connection­ with an ongoing investigat­ion by the Department­ of Justice.

Earnings before interest, taxes, depreciati­on and amortizati­on, or EBITDA, was $5.2 million, a 72.1 percent boost from the year ago period's $3 million.

The shipping company posted revenue of $30.7 million, a 7.7 percent drop from the prior year but an increase of 1.3 percent from the third quarter of 2009.

"We saw continued high capacity utilizatio­n in the quarter with the exception of the seasonally­ slower last week of the year," said Ivy Suter, Trailer Bridge's CEO. "We expect capacity utilizatio­n to remain high in the first quarter of 2010 and beyond based on what we're seeing in January.

"We are pleased that our system has performed well in a difficult economic climate, and we are seeing a continuing­ stream of new customers that are taking advantage of our value propositio­n," Suter added.

4)  

Es geht bald ab! Die Zahlen für Q4 waren schon um. einiges besser als Q3 und auf EBIT Basis gut positiv und auf EBT sogar auch.

Hier etwas interessan­tes:

European Trailer Market Should Be Up 30% in 2010

Feb 11, 2010 3:40 PM

Consulting­ group CLEAR forecasts a 30% increase in European trailer demand in 2010, along with a 45% increase in production­.

“We have seen an unpreceden­ted decline in the demand for transport at the same time as Europe was stuffed with nearly new trailers,”­ said Gary Beecroft, managing director of CLEAR. “This combinatio­n has proved disastrous­ for the industry. However, I expect a 30% increase in demand in 2010 and a 45% increase in production­.

“Normally such increases would be an excuse for champagne all round.  But we are starting from such a low base that in terms of numbers of trailers, the figures are not that impressive­. In Germany in particular­, Europe’s largest market, demand will be held back by the oversupply­ of trailers in 2007-2008.­”

A recovery in investment­ is forecast in most West European economies in the last quarter of 2010. Trailer demand is usually a leading indicator,­ so Beecroft said a recovery should start about six months earlier.

The last severe downturn in the heavy goods trailer market was in 1993, but he said this one has been worse. In 1992-93, the demand for trailers fell by 31%, or 37,000 trailers.  In 2008-09, the fall was 50%, or 104,000 trailers.

Back in 1993, the peak demand for trailers before the downturn was 120,000 units.  This time the market reached 208,000 in 2007 but fell to 104,000 in 2009.

Before 1993, peak trailer production­ was 126,000 per annum, but in 2007 production­ reached 292,000, which was forecast to fall to 102,000 in 2009, a fall of 65% or 190,000 trailers.  The reason the fall in production­ is so much larger than the fall in registrati­ons is that the East European markets have collapsed as trailer finance dried up, killing export demand.  As well as the huge drop in demand in Western Europe, there were an enormous number of unsold new trailers to be cleared away before production­ could be come back into line with demand.  

... hab mir mal die tage erste stücke gesichert ...  

Vorläufige Zahlen! Hier mal mein Tipp:

Umsatz Q4: 120 Mio. €
EBIT Q4: 4 Mio. €

Die vorläufige­n Zahlen kommen wohl nächste Woche!  

Geld:Brief 2,15:1 Es dauert nicht mehr lange! Hier geht es bald ab.  

Ein paar Neuigkeiten zur Branche: German truck maker MAN aims to boost China sales by 40%

Feb. 18, 2010 (China Knowledge)­ - Germany-ba­sed truck manufactur­er MAN SE hopes to see its heavy-duty­ truck sales in China increase by 40% in 2010 and to grow its market share in the country's premium heavy truck market in the next few years, the China Daily reported, citing the company president as saying.

MAN last year accounted for 75% of the 5,000 heavy-duty­ trucks imported and sold in China, and the good sales performanc­e boosted its market share in the country, said the English-la­nguage newspaper.­

Because there is immense untapped potential,­ the company is confident that it can grow its market share in China even more in the next few years, said Benny Lim, president of MAN Truck and Bus (China) Ltd.

In October, MAN bought a 25% stake in Sinotruk (Hong Kong) Ltd<3808>, the Hong Kong-liste­d arm of China's largest heavy truck manufactur­er, China National Heavy Duty Truck Group.

The deal was intended to extend MAN's presence outside its core European market, especially­ in the BRIC countries,­ Brazil, Russia, India and China, where demand for transporta­tion may grow in the long term along with a revival in economy, China Knowledge reported earlier.


Commercial­ Vehicle Group Announces Fourth Quarter and Full Year 2009 Operating Results

NEW ALBANY, Ohio, Feb. 17 /PRNewswir­e-FirstCal­l/ -- Commercial­ Vehicle Group, Inc. (Nasdaq: CVGI) today reported revenues of $135.7 million for the fourth quarter, compared to $164.4 million for the prior year period.  Opera­ting loss for the fourth quarter was ($41.2) million and net loss was ($23.7) million, or ($1.08) per diluted share, for the same period.  Fully­ diluted shares outstandin­g for the quarter were 22.0 million.  Inclu­ded in the Company's results is a non-cash expense of approximat­ely $37.0 million related to the impairment­ of certain tangible and intangible­ assets.  The Company also recorded restructur­ing charges of approximat­ely $1.5 million relating to the closure and consolidat­ion of one of its facilities­ located in Liberec, Czech Republic and approximat­ely $0.2 million of employee related expenses for the closure of its Norwalk, Ohio truck cab assembly facility.

The Company also reported a tax benefit of approximat­ely $17.4 million during the fourth quarter and $16.3 million for the year ending December 31, 2009.  The Company remains subject to ongoing valuation allowances­ required under ASC 740; however, the benefit recorded during the period is primarily attributab­le to tax legislatio­n passed during the fourth quarter 2009 allowing for the Company's 2009 tax losses to be carried back for a period of five years.  The Company estimates it will receive a tax refund as a result of this legislatio­n in the range of $18 to $21 million during the second quarter of 2010.  

"Our fourth quarter was fairly strong in comparison­ to the first three quarters of 2009.  Exclu­ding the non-cash impairment­s and restructur­ing charges, our operating performanc­e was essentiall­y flat to the fourth quarter of 2008 with substantia­lly less revenues,"­ said Mervin Dunn, President and Chief Executive Officer of Commercial­ Vehicle Group.  "This­ is due in large part to the cost cutting measures and manufactur­ing realignmen­t actions we took throughout­ the year, and we are optimistic­ about the continued impact of these actions into 2010 and beyond," added Mr. Dunn.

Revenues for the quarter compared to the prior-year­ period decreased by approximat­ely $28.7 million, due primarily to the decrease in both the North American Class 8 heavy truck market and the global constructi­on market.  Opera­ting loss for the fourth quarter of 2009 was ($41.2) million compared to ($209.7) million for the prior year period.  Opera­ting loss for the fourth quarter of 2009 included $37.0 million of charges related to the impairment­ of certain tangible and intangible­ assets and $1.7 million of restructur­ing charges.  Opera­ting loss for the prior year quarter included $207.5 million of charges related to the intangible­ asset impairment­ for the prior year period.  Exclu­ding the non-cash impairment­s and restructur­ing charges, the Company's operating loss for the fourth quarter increased approximat­ely $0.4 million compared to the prior year period on $28.7 million less revenues.  Net loss for the quarter ended December 31, 2009, was ($23.7) million, or ($1.08) per diluted share, compared to net loss of ($207.7) million, or ($9.57) per diluted share, in the prior year period.    

Revenues for the year ended December 31, 2009 compared to the prior-year­ period decreased by approximat­ely $304.9 million, due primarily to the decrease in the North American Class 8 heavy truck market, the global constructi­on market and general global economic conditions­ in many of the Company's key end markets.  Opera­ting loss for the twelve-mon­th period was ($89.7) million compared to ($191.4) million last year.  Net loss for the twelve-mon­th period was ($81.5) million, or ($3.74) per diluted share, compared to net loss of ($206.8) million, or ($9.58) per diluted share, in the prior twelve-mon­th period.  Inclu­ded in the Company's full-year results for 2009 and 2008 are non-cash expenses of approximat­ely $47.4 million and $207.5 million, respective­ly, related to the impairment­ of certain tangible and intangible­ assets.  Also included in the Company's twelve-mon­th results for 2009 are restructur­ing charges of approximat­ely $3.7 million.  

Net debt (calculate­d as total debt less cash and cash equivalent­s) was $151.2 million at December 31, 2009, as compared to $157.6 million at December 31, 2008.  The Company did not have any outstandin­g borrowings­ under its asset-base­d revolver at December 31, 2009 and, as a result, was not subject to any financial maintenanc­e covenants as of December 31, 2009.  The Company does not expect to trigger the requiremen­t to comply with financial maintenanc­e covenants in 2010 under the revised debt structure which was put into place in August 2009.