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Market Analysis
Equipment Market Outlook: Page 13
Market Analysis
Volvo Group First Quarter Sales Decrease 4%
Volvo Group Global
Volvo Group's net sales in the first quarter decreased 4% which was partially due to currency effects.
Market Analysis
New Flyer Announces First Quarter 2016 Orders and Backlog
NFI Group Inc., formerly New Flyer Industries Inc.
New Flyer reports vehicle deliveries increased by 257 units in the first quarter compared to the same period in 2015.
Hardware
Bossard Report Slight Growth for First Quarter 2016
Bossard North America Inc.
Despite continued challenging market conditions, Bossard's first quarter sales increased 0.9%.
Engines
Omnitek Revenue up 20.7% in 2015
Omnitek Engineering Corp.
Omnitek's fourth quarter and final year 2015 financial results show a full-year revenue increase of 20.7%; foreign sales are expected to further increase sales in 2016.
GPS
AgJunction Reports Q4 2015 Results and Provides Post-Merger Update
AgJunction Inc.
AgJunction reports a 17% revenue increase for the fourth quarter 2015, aided in part by the acquisition of Novariant; the two companies have completed their merger and will continue to focus on growing its OEM and other business markets in 2016.
Market Analysis
Daimler Buses Reports 9% Earnings Increase and Continued Growth Strategy
Daimler AG
Daimler Buses had a 9% earnings increase in 2015 and has laid out plans for further growth including expansion into new regions and the development of new technologies and systems.
Market Analysis
New Flyer Announces Fourth Quarter and Fiscal Year 2015 Results
NFI Group Inc., formerly New Flyer Industries Inc.
New Flyer reports a an increase in revenue for the fourth quarter, and a 7.5% increase in bus and coach revenue for Fiscal 2015.
Fluid Power
Danfoss Reports 13% Profit Improvement for 2015
Danfoss - Danfoss Power Solutions
In 2015, Danfoss had a strong financial performance with 11% sales growth and record high profit at a 13% increase over 2014.
Electronics
Schaeffler AG Increases Revenue in 2015
Schaeffler Group USA Inc.
Schaeffler AG reports it had a 9.1% revenue increase in 2015 due largely in part to its Automotive division.
Market Analysis
Navistar Reports First Quarter 2016 Results
Navistar International Corp.
Navistar's first quarter 2016 results show a net loss of $33 million which is an improvement of 21% compared to the same period last year.
Hardware
Bossard Group Reports Continued Growth in 2015
Bossard North America Inc.
Despite continued challenges in the global markets it serves, Bossard Group reports a new sales record for 2015 with a 6% increase.
Drivetrains
Titan Reports Full-Year 2015 Sales Down 26.4%
Titan Tire Corp., a subsidiary of Titan Intl.
Titan's fourth quarter and end of year 2015 results showed a decline in sales due to continued downturns in the agriculture, construction and mining markets.
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