Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.

The reason I ask is that train manufacture seems like something that will be somewhat profitable, oil crisis or no. A good place to put some money.

And also that I love trains and have been interested in them since forever.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid on Wed Nov 29th, 2006 at 07:20:30 PM EST
[ Parent ]
Unfortunately, train manufacture is not that profitable, due to uncertainties and usteadiness in getting orders (if a government's savings programme includes stopping orders, production can collapse). The nineties European merger mania that ended in Bombardier's European branch also involved a lot of closures. Both Siemens and Alstom's rail divisions were once near the (financial) brink in the last ten years. Here in Hungary, there was a large manufacturer called Ganz-MÁVAG (comparable to Skoda), which was bought by Hunslet of Britain upon hopes that British rail privatisation will bring them a lot of orders, but that didn't came to be, and the company is practically dead.

BTW, I add one more name to remember to the list: ROTEM of South Korea, which could even become another all-round manufacturer.

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Thu Nov 30th, 2006 at 05:00:56 AM EST
[ Parent ]
BTW, just for you:

SJ's new (2004) double-deck EMUs series X40. They were made by Alstom. Technology is the same as in the TER-2Nng, but the chassis (and the front design) all new: it capitalises on Sweden's wider cross-section.

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Thu Nov 30th, 2006 at 05:17:55 AM EST
[ Parent ]
I expected you to say that.

Those whom the Gods wish to destroy They first make mad. -- Euripides
by Migeru (migeru at eurotrib dot com) on Thu Nov 30th, 2006 at 11:36:25 AM EST
[ Parent ]
When it comes to diesels, the U.S. manufacturers are establishing a global presence.  EMD, which DoDo noted has been sold by General Motors, has produced the universal European heavy freight locomotive in the JT42???, better known as the "Class 66" for the British numbering system.  General Electric used its expertise in building power for Rio Grande and Southern Pacific to design the diesels for the new Chinese line into Tibet.

Both U.S. companies are working on more powerful and faster freight locomotives for export, at the request of freight train operating companies that don't want to pay for two slots for a 60 mph (100 km/h) freight train on a high speed line.

Stephen Karlson ATTITUDE is a nine letter word. BOATSPEED.

by SHKarlson (shkarlson at frontier dot com) on Tue Dec 12th, 2006 at 10:35:51 PM EST
[ Parent ]


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