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Key customers include truck and industrial vehicle makers such as PACCAR, Volvo Trucks North America, Daimler Trucks North America, Chrysler and Komatsu.
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Many of its products, which included diesel injector sleeves and other specialist fixings, were exported to Sweden for use in Volvo trucks.
BBC: Staff at car parts firm lose jobs
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The company, in an e-mail response to NPR, explained that it continues to search for solutions, but the civilian Mercedes and Volvo trucks it purchases for Iraq are not easily armored.
NPR: The Trucker's War: On the Road in Iraq
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The list of winners includes some big global brand names, such as Sweden's Volvo , which makes heavy trucks--Volvo's auto business was sold to Ford Motor (nyse: F - news - people ) in 1999--and gained 68%.
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In 2001, Volvo bought Renault Trucks and its American subsidiary, Mack Trucks .
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This is an awkward situation: DaimlerChrysler might well prefer to buy Volvo out (especially since trucks are Mitsubishi's strongest product), but Volvo has not yet indicated what it proposes to do.
ECONOMIST: Daimler and Mitsubishi Motor: In the shadow of Ghosn | The
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Volvo will now work with Nissan and Dongfeng on commercial trucks in China.
FORBES: Magazine Article