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kscarbel2

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Everything posted by kscarbel2

  1. Call Mack brand customer service at +1 (866) 298-6586 and tell them your dealer is unable and/or unwilling to assist you. BTW, what year is it?
  2. CHANGCHUN, Dec. 4 (Xinhua) -- FAW Group's commercial truck subsidiary sold a record 299,273 light, medium and heavy trucks in the first 11 months of 2018, the company said Tuesday. The company has introduced several new models into the market this year, including the all-new European level J7 heavy tractor. The company set a goal to sell 350,000 vehicles in 2020 and 430,000 vehicles in 2023. The number is expected to hit 500,000 in 2025. Founded in 1953, FAW Group is known as the cradle of China's auto industry. Since the first model CA10 FAW truck rolled off the line in 1956, the brand has sold more than 6.6 million vehicles and has expanded its presence to 80 countries around the world. .
  3. Stephen Feinberg, the Private Military Contractor Who Has Trump’s Ear Stephen Witt, The New Yorker / July 13, 2017 In the last week of the 2016 Presidential campaign, Stephen Feinberg, the billionaire Manhattan financier, made the largest political donation of his life. On November 3rd, just five days before the election, he gave nearly a million dollars to Rebuild America Now, the Trump-supporting super PAC known for its blistering attacks on Hillary Clinton. That Sunday, the PAC spent eight hundred thousand dollars on an eleventh-hour blitz of negative TV spots, including one that aired repeatedly during N.F.L. broadcasts, condemning Clinton’s support for changing the name of the Washington Redskins. “Yeah, you thought you were safe, sitting in your recliner in your man cave, cold beer and a bowl of chips,” the ad said. “Wrong. Hillary Clinton wants to mess up your football, too.” Two days later, Trump won the Presidency. Feinberg is lean, with a runner’s physique and a mild New York accent. His manner is equanimous, and his focus on the task at hand is intense. All who have worked with him speak of his penetrating analytic intelligence, his surpassing desire for privacy, and his steady hand as an investor. To the financial press, he is known as the C.E.O. of Cerberus Capital Management, one of the country’s largest investment firms, with business lines in private equity, distressed debt, hedge funds, and real estate. His holdings have included the once struggling General Motors automotive-financing division, the controversial defense contractor DynCorp, and the Bushmaster assault-rifle brand. For Feinberg, the Trump campaign was a classic investment target: compromised, flailing, politically toxic—but ultimately successful. This February, it was reported that Feinberg was being considered for a post in the Trump Administration, overseeing a shakeup of the United States intelligence community. Career spies were alarmed at the suggestion; Feinberg has no intelligence experience, and his history at Cerberus suggested the likelihood of a radical restructuring, starting with management. This skepticism of his suitability for the role was shared by a former Cerberus insider with whom I spoke. “He’s a phenomenal manager of an investment fund, but his brilliance is in his trading,” he said. “I don’t think he’d succeed in the bureaucratic environment of Washington.” (Through a spokesperson, Feinberg declined to comment.) The Trump Administration did not go forward with the appointment, but the rumors have persisted. And, this week, the Times reported that Steve Bannon and Jared Kushner had reached out to Feinberg—as well as to Erik Prince, the founder of Blackwater—for private-sector alternatives to the Department of Defense’s plan to send more troops to Afghanistan. Through DynCorp, Feinberg already controls one of the largest military contractors in the U.S., one which trains Afghanistan’s police force and assists in their narcotics-trafficking countermeasures. According to the Times, Feinberg proposed an expanded role for such contractors, and also recommended transferring the command of paramilitary operations in the country to the C.I.A., increasing their operating footprint while decreasing both transparency and accountability. He reportedly discussed Afghanistan with President Trump in person. The proposals raise obvious questions about war profiteering and conflicts of interest. DynCorp has been a bad investment for Feinberg. Buying at the tail end of the military-contracting boom of the two-thousands, Cerberus overpaid for the company, then watched as much of its business evaporated following government-spending cuts and the drawdown of U.S. troops in in Iraq and Afghanistan. In the seven years since Cerberus acquired the company, Feinberg has replaced DynCorp’s C.E.O. four times. Afghanistan, in particular, has been a problem. In recent years, the country has proved no more hospitable to for-profit military contractors than it has to stumbling empires. DynCorp’s profit margins are thin there; revenues are falling, according to the former Cerberus insider. Several high-level managers from Cerberus portfolio companies have defected to Pacific Architects & Engineers, an upstart competitor that is taking DynCorp’s business. And DynCorp workers are often in peril. Since Cerberus acquired the company, twenty-nine DynCorp employees have been killed on the job. Most of them died in Afghanistan, including a retired U.S. Army colonel whose convoy was hit by a bomb. A suggestion from Feinberg to expand the role of military contractors would be naked in its self-interest, but his other recommendation—transferring paramilitary operations in Afghanistan to the C.I.A.—deserves equal scrutiny. Here, Feinberg is operating from the heart. Although his personal military experience is limited to a brief stint in the Princeton R.O.T.C., he has, through his investments, developed an unusually close relationship with the U.S. Special Forces community. Of particular interest is Tier 1 Group, a Cerberus-owned private military base outside Memphis, which has, since 2008, served as a training ground for Navy SEALs and Marine Special Operations. Tier 1 Group’s facilities include a long-distance-shooting range, an ersatz Afghan village for staging commando raids, and an outdoor road course for tactical-driving training. Through his control of the facility, Feinberg has even been provided with after-action reports from Special Operations missions, according to Steve Reichert, the founder of Tier 1, who spoke to me for a story I wrote for New York magazine. (Feinberg has also received training from military instructors, and is said to be a crack shot.) Whatever their merit, Feinberg’s recommendations to the Trump camp were pushed aside, according to the Times, by Defense Secretary James Mattis, a career military man. But given Trump’s openness to outside counsel—and, in particular, his interest in the ideas of other billionaires—it’s possible that Feinberg’s ideas could resurface. Conflicts of interest notwithstanding, Trump could do worse in selecting an adviser. Indeed, he has done worse: Feinberg’s formidable intellect and concrete managerial experience are more valuable assets than Jared Kushner’s prep-school-and-real-estate background or Steve Bannon’s theories of pseudo-history. For now, Feinberg remains a peripheral figure in the Trump Administration, but sooner or later, one suspects, he’ll see a return on his investment. -------------------------------------------------------------------------------------------------------------------------------------------- Trump Chooses Cerberus’s Stephen Feinberg to Lead Spy Advisory Panel Jennifer Epstein, Bloomberg / May 11, 2018 President Donald Trump has chosen billionaire investor Stephen Feinberg to lead his intelligence advisory board, the White House said Friday. Trump intends to appoint Feinberg, the co-founder and co-chief executive officer of Cerberus Capital Management in New York, to chair the President’s Intelligence Advisory Board, which plays a role in overseeing the intelligence community, deriving its influence from direct access to the president and his senior staff. Among Cerberus’ holdings is the military contractor DynCorp International, which receives the vast majority of its $3 billion in annual revenues from the federal government. The New York Times reported last July that Steve Bannon, then the White House chief strategist, and Jared Kushner, the president’s son-in-law and adviser, had asked Feinberg, as well as Blackwater founder Erik Prince, for proposals to send private-sector workers to Afghanistan in place of American troops. In March 2017, Feinberg joined Trump and Defense Secretary Jim Mattis on a trip to see the new aircraft carrier Gerald R. Ford in Newport News, Virginia, after it was reported that Feinberg had held discussions with the administration about a review of U.S. intelligence agencies. Some critics at the time assailed Feinberg as ill-equipped for the role. At a Senate hearing that month, Republican Senator Susan Collins of Maine expressed concern that "an individual who runs a private equity firm" and doesn’t have experience in the relevant areas was being considered for the job. The White House suggested in a statement Friday that Feinberg was well-suited for the position because of his "over 30 years of experience conducting organizational assessments, operational improvements, and complex reforms across foreign and domestic stakeholders to his position."
  4. “They [China] put on the table an offer of over $1.2 trillion in additional [trade] commitments. But the details of that still need to be negotiated. This is the first time that we have a commitment from them that this will be a real agreement.” Treasury Secretary Steve Mnuchin -------------------------------------------------------------------- “The history here with China promises is not very good. And we know that. However, I will say this: President Xi has never been this involved. They cannot slow walk this, stall this, meander this. Their word: ‘immediately.’” National Economic Council Director Larry Kudlow
  5. Am I missing something? Steve Feinberg-managed Cerberus Capital Management is an American private equity firm based in New York. Now I don't know what Feinberg and Troy Clarke worked out, but one possibility is...........there is a shared desire to take on Oshkosh. However, NAV doesn't have the finances to do it, and a VW buyout is NOT on the horizon. Enter Cerberus, who sees a profit opportunity. And by having Cerberus fund 70 percent of the extremely cyclical defense business, Troy Clarke will have more funds to invest in commercial truck product development. The in-depth update of all the models, and the new Silverado-based CV, is a brilliant success. But by 2022, NAV will need all-new replacements in order to be competitive.
  6. Morgan Stanley predicts Ford to cut 25,000 jobs in overhaul Keith Naughton, Bloomberg / December 3, 2018 DETROIT -- Ford Motor Co.’s $11 billion restructuring could cost 25,000 employees their jobs, exceeding the cutbacks General Motors announced last week, according to Morgan Stanley. Ford has yet to detail its job cuts, but Morgan Stanley analyst Adam Jonas predicts they could be larger than GM’s in a note to investors. “We estimate a large portion of Ford’s restructuring actions will be focused on Ford Europe, a business we currently value at negative $7 billion,” Jonas wrote. “But we also expect a significant restructuring effort in North America, involving significant numbers of both salaried and hourly UAW and (Canadian union) workers.” Ford’s 70,000 salaried employees have been told they face unspecified job losses by the middle of next year as the automaker works through an “organizational redesign” aimed at creating a white-collar workforce “designed for speed,” according to Karen Hampton, a spokeswoman. “These actions will come largely outside of North America,” Hampton said of Ford’s restructuring. “All of this work is ongoing and publishing a job-reduction figure at this point would be pure speculation.” Ford also is cutting shifts at two U.S. factories in the spring and transferring workers to plants building big SUVs and transmissions for pickups in moves that the automaker said will not result in job reductions. Jonas said other automakers will be forced to follow GM’s and Ford’s actions as the industry transforms, first to abandon factories building slow-selling sedans and ultimately to retool to build electric and self-driving vehicles. “We believe existential business model risk will be prioritized over near-term profits and cash return,” Jonas wrote. “We still do not believe investor expectations have fully considered the near-term earnings risk.”
  7. NEW YORK, Dec. 3, 2018 /PRNewswire/ -- Cerberus Capital Management today announced a definitive agreement with Navistar International Corporation under which certain affiliates of Cerberus will acquire a 70% interest in Navistar's defense business, Navistar Defense, LLC. Headquartered in Lisle, Illinois, Navistar Defense is a leading tactical wheeled vehicle original equipment manufacturer serving military, law enforcement, and government agencies worldwide. Navistar Defense provides a complete portfolio of both tactical and commercial off-the-shelf military vehicles, as well as custom-tailored lifecycle support solutions to a global customer base. Since 2004, Navistar Defense has delivered approximately 37,000 vehicles across 28 countries and has access to Navistar's global dealer network across 90 countries. "We are excited to partner with Navistar to build upon Navistar Defense's leadership position in the defense vehicle industry and support its large installed base," said Michael Sanford, Co-Head of Private Equity and Senior Managing Director of Cerberus. "We look forward to leveraging our financial and operational expertise to execute on strategic initiatives focused on expanding the reach of its industry-leading portfolio and support services." "Today's announcement is a strategic milestone for Navistar Defense as it provides the business with a well-established, long-term partner that is focused on making crucial growth investments in the business," said Persio Lisboa, Chief Operating Officer, Navistar. "Navistar Defense strategically complements Cerberus' existing portfolio and we look forward to collaborating with, and supporting, the business as it enters its next phase of synergistic growth." The transaction is subject to customary closing conditions and is expected to close in 2018. Kirkland & Ellis LLP acted as legal counsel to Cerberus and Navistar. Renaissance Strategic Advisors acted as strategic advisor to Navistar on the transaction. About Cerberus Founded in 1992, Cerberus is a global leader in alternative investing with over $35 billion in assets across complementary credit, private equity, and real estate strategies. We invest across the capital structure where our integrated investment platforms and proprietary operating capabilities create an edge to improve performance and drive long-term value. Our tenured teams have experience working collaboratively across asset classes, sectors, and geographies to seek strong risk-adjusted returns for our investors.
  8. Predecessor to the export CJ-10 pickup......Jeep "Overlander". .
  9. No. The Toyota 70 Series now has the old Land Rover market share, as well as the impressive market share it earned on its own. https://www.landrover.co.za/vehicles/index.html http://www.toyota.co.za/mobi/vehiclemodels?smc=71A http://www.toyota.co.za/mobi/vehiclemodels?smc=62M http://www.toyota.co.za/mobi/vehiclemodels?smc=62S https://toyotakuilsrivier.co.za/wp-content/uploads/2013/12/land_cruiser70.pdf
  10. That dealer is either clueless, or more likely just wants to push what they sell. In fact, Jost fifth wheels are the gold standard worldwide.
  11. Bob, you noted the all-new Ford business unit.......Ford Trucks International. What does that tell you? .
  12. Ford Trucks International Press Release / November 16, 2018 .
  13. DAF Trucks Press Release / November 27, 2018 Based on outstanding in-service experience, leading European transport company Girteka Logistics has ordered a further 1,500 DAF XF trucks. Earlier this year, Girteka Logistics has taken delivery of an initial 500 DAF XF tractors. “The trucks from DAF have performed even better than expected,” said Edvardas Liachovičius , CEO of Girteka Logistics. “They are extremely reliable, deliver unmatched fuel efficiency and are highly comfortable for our drivers. With these 1,500 new DAF trucks, we can continue to build on our plan to further expand our business throughout Europe.” Since its foundation in the mid-90s, Girteka Logistics – with its headquarters in Vilnius, Lithuania – has developed into an industry leading European transport company. Its modern fleet consists of over 5,600 trucks, 5,800 trailers and more than 13.000 employees. DAF XF – surpassing expectations “Our decision to opt for the first batch of 500 DAF XF trucks followed comprehensive market research”, added Edvardas Liachovičius. “In daily practice, the vehicles even surpass our high expectations in every aspect. Not only from a business point of view, but also from the perspective of the drivers who love the highly comfortable cab and the great driving characteristics. In addition, the DAF trucks support our efforts to reduce our CO2 footprint. The new XF sets a new standard in fuel efficiency, which is directly related to lowest CO2 emissions.” Highest fuel efficiency The 1,500 DAF XF Girteka Logistics trucks will be equipped with the 12.9 litre PACCAR MX-13 engine (355 kW/480 hp) in combination with the new TraXon automated gearbox. The trucks have the latest technologies on board, including Predictive Cruise Control, Predictive Shifting, Lane Departure Warning, AEBS and Forward Collision Warning. For maximum uptime, Girteka Logistics has opted for service intervals of up to no less than 200,000 kilometres. Strong recognition of DAF’s trucks “We are delighted that leading transport operator Girteka Logistics has again opted for the new DAF XF – International Truck of the Year 2018 – to further expand its impressive fleet”, said Richard Zink, member of the Board of Management and director Marketing and Sales. “The fact that the decision is driven by the excellent experiences of Girteka with the DAF XF, illustrates the truck’s outstanding quality, reliability, efficiency and driver comfort. In addition, the new order is a great recognition of our professional dealer network throughout Europe.” .
  14. ZF's AS Tronic is perhaps the world's finest heavy truck AMT. Note at 1:14 the two countershaft design. As I've mentioned before, and can be confirmed by any relevant Mack engineers, they were planning an AMT variant of the "world's best" triple-countershaft Mack Maxitorque transmission, but Volvo Group killed the project. .
  15. If one uses increased levels of heat treatment and heavier bearings, also easily done but of course with added costs, a single countershaft is doable. For on-road, the Mercedes-Benz Powershift 3 is an acceptable single countershaft AMT (sold in North America as the Detroit DT12). But I prefer twin countershafts.
  16. Almost every new technology launches in North America was introduced 5 to 8 years before in Europe. American's want low price, so we get decontented low-cost trucks (and cars), versus what is sold in Europe. You'll realize this when attending the IAA show in Germany. The truckmakers can't offer the new tech in North America until they're forced to by regulation, or until such time customers are willing to pay up for it. Even the China truck market (world's largest) is seeing features not yet offered in the US market. I myself like a good looking truck.......and am also focused on rugged/durable, as well as fuel economy, overall engineering, comfort, durability, parts costs and service.
  17. Optishift is the right idea, but Voith's VIAB is light years ahead of it. . .
  18. But the Mack brand M-drive, a rebadged Volvo I-shift, only has one countershaft. Can one work? Obviously it's possible with precautions taken, but my personal preference from experience is to divide the load stress between two. Eaton and market leader ZF, for example, all have two. On Eaton, we've seen almost 4 jumps in tech since their original AMT.....be sure you try their current product before your judge.
  19. I like the export version CJ-10 pickup more. No-nonsense pickup like the LandCruiser 70 Series pickup (https://www.toyota.com.au/main/landcruiser-70). There's a nice sized market in North America for the more affordable Land Cruiser 70 Series (versus the luxury Land Cruiser 200), but Toyota fails to grasp that. .
  20. This is the one with the cab and bed mounted on a Dodge W250 chassis? Really like it. .
  21. I just noticed that our very own DailyDiesel (Eric) did a video on the CJ-10 the other month. .
  22. Paul, is this job going to result in a new video series? Everyone enjoyed the last one.
  23. https://philadelphia.craigslist.org/cto/d/mack-model-wrecker-tow-truck/6753868709.html
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