������ý

TOKYO — Daimler AG will not have to give away advanced engine and vehicle technologies as part of its new joint venture with a Chinese truck maker because China’s emissions standards are behind Europe’s, and the market is not ready for the more advanced products, the head of Daimler Trucks said last week.

U.S. manufacturing activity jumped in November, showing continued expansion for a 28th consecutive month, the Institute for Supply Management said Thursday.

Truck and component manufacturers who also build military products say they are confident they will be able to hold on to much of that business even as the U.S. armed forces face potential slashes in their future budgets.

HOMESTEAD, Fla. — Daimler Trucks North America wants a bigger piece of the aftermarket and is using stock car racing as a means to boost sales for its Alliance Truck Parts unit.

Manufacturing activity in the New York region expanded in November for the first time in six months, the Federal Reserve Bank of New York said Tuesday.

KOPING, Sweden — The Volvo Group said it is moving ahead with a plan to shift the assembly of its I-shift automated mechanical transmission from its factory here to the United States and Brazil for trucks that its subsidiaries build in North and South America.

Vehicle manufacturer Volkswagen AG said last week that it completed the purchase of a majority stake of fellow German truck producer MAN SE, opening the way to becoming “a new top player on the global truck market.”

Cummins Inc. said Tuesday its third-quarter profit rose 60% from a year ago, but the engine maker trimmed its full-year revenue outlook due to “uncertainty around the macro-economic environment.”

Manufacturing activity in the Philadelphia region increased in October, the Federal Reserve Bank of Philadelphia said Thursday.

Daimler AG has pledged to protect the jobs of its permanent employees through 2016, Bloomberg reported Wednesday.