Equipment Market Outlook: Page 13

Engines
Cummins announces restructuring and cost reduction actions
Cummins Inc.
Cummins reports third quarter revenue decreased 6%, and will implement restructuring and cost reduction actions due to a slowdown in the global market.
Market Analysis
Volvo Group strengthened profitability during third quarter
Volvo Group Global
Volvo reports it continued strengthening its profitability during the third quarter, achieving a 9% sales increase.
Market Analysis
Caterpillar reports sales and revenues down for third quarter 2015
Caterpillar Inc.
Caterpillar's sales and revenues were down for the third quarter, and its outlook for 2015 remains at $48 billion.
Market Analysis
Terex reports decrease in sales for third quarter 2015
Terex Corporation
Terex reports a net sales decrease of 1.0% for the third quarter 2015 due to continued market challenges.
Market Analysis
Scania reports continued high demand for heavy trucks in Europe
Scania AB
Scania continues to see high demand for its heavy truck products in Europe, achieving a 16.6% market share during the first nine months of 2015.
Hardware
Bossard sees slightly stronger third quarter
Bossard North America Inc.
Bossard Group reports a sales increase of 11.3% for the third quarter, aided by acquisitions the company has made during the year.
Electronics
Flux Power reports strong revenue increase for 2015
Flux Power Holdings Inc.
Increased battery sales during the fourth quarter, and over the full fiscal year helped Flux Power achieve 100% revenue growth in 2015.
Market Analysis
Caterpillar announces restructuring and cost reduction plans
Caterpillar Inc.
In order to reduce annual costs by $1.5 billion, Caterpillar is undertaking restructuring and cost reduction plans which includes reducing its workforce by an expected 10,000 people by 2018.
Market Analysis
Volvo reports increased August truck sales in Europe, North America
Volvo Group Global
Volvo Group reports August truck sales increased 28% in Europe and 13% in North America.
Market Analysis
Navistar reports net loss for third quarter 2015
Navistar International Corp.
Despite Navistar's net loss of 428 million for the third quarter, the company continues to see improvements year-over-year and expects to meet its full-year market share goals.
Market Analysis
Deere & Co. reports sales and revenue for third quarter decreased 20%
John Deere Worldwide Construction & Forestry Div.
John Deere's third quarter worldwide sales and revenues decreased 20%, reflecting the continued downturn in the agricultural industry.
Market Analysis
Volvo truck deliveries reached 15,586 vehicles in July
Volvo Group Global
Volvo Group's truck deliveries in July rose 27% in Asia and 5% in Europe, and increased 1% in North America.
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