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TDCV
develops South Korea's first LNG-powered tractor trailer
July 20, 2006
Tata Daewoo
has developed South Korea's first environment-friendly,
LNG-powered, fuel-efficient tractor-trailer
Tata Daewoo Commercial Vehicle
Company (TDCV), the second largest commercial vehicle
manufacturer of South Korea and a 100 per cent subsidiary
of Tata Motors, has developed South Koreas first
liquefied natural gas (LNG) powered heavy tractor-trailer,
an environment-friendly commercial vehicle.
TDCV pioneered the design, development
and manufacture of the new LNG tractor under an arrangement
sponsored by the Korea Gas Corporation (KOGAS). The
development work on the vehicle had begun in September
2004, and is expected to evoke an encouraging response
from customers with its fuel efficiency and economy
of operation.
KOGAS will put the vehicle on
test drive during the second half of the year with a
view to introducing it to the industry at large in 2007.
About TDCV
TDCV, acquired by Tata Motors in 2004, posted a turnover
of Rs 1,584 crore in 2005-06, a growth of over 34.5
per cent over the 2004-05 turnover of Rs 1,178 crore.
In 2005-06, TDCV posted a PAT of Rs 58.31 crore, a growth
of over 160 per cent over the 2004-05 PAT of Rs 22.46
crore. Besides being the second largest commercial vehicle
manufacturer in the South Korean market, TDCV has emerged
as Koreas largest exporter of heavy commercial
vehicles. It currently accounts for 65 per cent of all
such exports from the country. About 40 per cent of
its turnover is from exports to countries like South
Africa, the Middle East and South East Asia.
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