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American Terex sells Czech Tatra

Terex has concluded the sale of its 80.5 percent holding in Tatra a.s. to Blue River s.r.o. for approximately $26.2 million in cash plus the repayment of all inter-company debt owed to Terex by Tatra of approximately $31.6 million. Additionally, Blue River will take over all of Tatra’s external debt, which totals approximately $22 million. Terex had previously identified Tatra, a Czech-based manufacturer of heavy duty on and off road trucks, as a non-core operation. The buyer, Blue River s.r.o., is a Czech-based consortium of four international private investors, led by Ronald Adams, originally from Texas and a member of the Tatra supervisory board, which until recently was chaired by Fil Filipov. “Terex’s management team regularly evaluates current operations and future opportunities to determine the most appropriate allocation of resources,” said Ronald M. DeFeo, Terex’s chairman and chief executive officer. “After detailed analysis, Tatra was identified as non-core ...

Heavy Truck Tatra T816 LIWA Military Version

Tatra T816 LIWA used by Czech Army, Slovak Army, Israeli army, Indian Army, Saudi Arabia Army, Arabian Emirates Army, US army etc. A large number of Tatra T816 LIWA trucks is in service with United Arab Emirates. The Tatra T816 is powered by a German Deutz 1015C turbocharged diesel engine, developing 544 hp.  It is worth mentioning that most other Tatra trucks use indigenous air-cooled diesel engines. Engine is located under and behind the cab. It is mated to American 6-speed automatic transmission. An 8x8 configuration is selected over rough terrain. On hard surface roads an 8x4 configuration is selected for maximum range and speed. Both front axles are steered. Tatra T816 LIWA Specs Entered service 1996 Configuration 8x8 Cab seating 1 + 2 men Dimensions and weight Weight 15.7 t Payload capacity 13.7 - 20.3 t Length 8.9 m Width 2.6 m Height 3.14 m ...

Nexen Summer Tires for Trucks

During unbearable condition of summer weather with dry texture of soil and roads emitting continuous heat, we often opt for a high performance tire for our loaded vehicles including trucks with varied size and range. If you intensely observe market trends, several companies are offering their products to match your preference but all are not up to the mark. You laboriously wander to find suitable tires for your heavily loaded truck working in scorching summer. It is supposed that all experts would suggest you the Nexen Summer Tires for Trucks. They are visibly the most trustable companion of your truck with longevity approved by its users. It also enhances durable ability to manage your heavy loads. Summer Tires for Trucks: Altered weather would not be able to change the performance of your truck if you fix Nexen Summer Tires for Trucks. It shows Dry Grip with outstanding proficiency to ease your worries. If time demands it can also enhance its Wet Grip. Feedback that you...

110th Anniversary of Automotive Production at TATRA

On September 1 the TATRA automobile company celebrated its 110th anniversary of the moment when the first manufactured automobile – the legendary Präsident – left the TATRA plant. More than 30,000 people came to the testing Polygon to join in. The grand all-day program was topped off by a magnificent fireworks display. Tatra is a Czech vehicle manufacturer in Kopřivnice. It is owned by the Tatra Trucks company, based in Ostrava, and is the third oldest company in the world producing cars with an unbroken history. The company was founded in 1850 as Ignatz Schustala & Comp., in 1890 renamed Nesselsdorfer Wagenbau-Fabriksgesellschaft when it became a wagon and carriage manufacturer. In 1897, Tatra produced the first motor car in central Europe, the Präsident automobile. In 1921, it changed its name to Kopřivnická vozovka a.s., and in 1919 changed from the Nesselsdorfer marque to the Tatra badge, named after the nearby Tatra Mountains on the Czechoslovak-Polish border. ...