DAF Trucks and TATRA announced today that they have signed an agreement for DAF to acquire 19% ownership in TATRA a.s. DAF will also supply engines and cabs to the Czech truck manufacturer. “DAF’s minority ownership in TATRA further strengthens DAF’s industry-leading position in the heavy truck segment in Central Europe,” said Harrie Schippers, DAF Trucks president.
“With these agreements, the new line of TATRA off-road vehicles will combine the quality, reliability and technological leadership of the PACCAR MX 12.9 litre engine and DAF CF cab with TATRA’s versatile off-road chassis which features exceptional performance in the most difficult operating conditions,” said Ronald A. Adams, TATRA chairman and chief executive officer. TATRA’s range of new off road vehicles (4×4, 6×6, 8×8, 10×10 and 12×12) will also be sold by DAF dealers throughout Europe and complement DAF’s premium range of construction vehicles. Delivery of DAF cabs and PACCAR engines to TATRA will begin later this year.
“DAF is the commercial vehicle product quality leader in Europe”, added Schippers. “DAF has been consistently gaining market share in Europe for 10 years and our excellent reputation for cab ergonomics, engine performance and aftermarket support has contributed significantly to that growth.” The PACCAR MX 12.9 litre engine – developed and manufactured by DAF Trucks in Eindhoven – is renowned for its superb performance, excellent reliability and fuel efficiency. DAF cabs are produced in DAF’s state-of-the-art production plant in Westerlo (Belgium) and represent the industry quality standard in comfort and fit and finish.
TATRA a.s., founded in 1850, is among the oldest automotive companies in the world. The Czech company’s product range includes a complete portfolio of heavy duty off-road vehicles, all with excellent mobility even in the most challenging terrains and extreme climatic conditions. “We are looking forward to a long lasting relationship with DAF”, said Adams. “TATRA’s endurance test programs have proven the outstanding quality and durability of the DAF components, which will further strengthen our position in the segment of the heavy duty off-road trucks.”
DAF Trucks N.V. is a subsidiary of PACCAR Inc. and is a manufacturer of high quality light, medium and heavy duty trucks. DAF is a leader in providing product-related services: MultiSupport Repair and Maintenance Contracts, PACCAR Financial, PACCAR Leasing and PACCAR Parts. The DAF dealer and service network comprises over 1,000 locations in Europe.
