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Equipment Market Outlook: Page 14
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.
Engines
Briggs & Stratton reports 8.5% sales increase for fiscal fourth quarter
Briggs & Stratton Commercial Power
Briggs & Stratton's consolidated net sales for the fourth fiscal quarter increased 8.5% compared to 2014, with engine sales increasing due to increased shipments to OEM customers in its key market segments.
Engines
Omnitek Engineering reports revenue gains for second quarter
Omnitek Engineering Corp.
Omnitek Engineering reports a 95.5% revenue increase for the second quarter due to higher filter sales and diesel-to-natural gas engine conversion kit shipments.
Market Analysis
New Flyer reports revenue increase for second quarter
NFI Group Inc., formerly New Flyer Industries Inc.
Growth in manufacturing and aftermarket revenue helped New Flyer increase consolidated revenue 8.2% in the second quarter.
Electronics
ORBCOMM reports second quarter revenue up 85% year-over-year
ORBCOMM
ORBCOMM's second quarter 2015 revenues increased 85% year-over-year with Product Sales increasing 122%, aided in part by recent acquisitions.
Market Analysis
Commercial Vehicle Group announces sales increase for second quarter 2015
Commercial Vehicle Group Inc. (CVG)
Commercial Vehicle Group reports a 1% revenue increase for the second quarter 2015, with favorable medium- and heavy-duty truck sales expected to progress through the year.
Engines
Westport reports second quarter financial results
Westport Fuel Systems Inc.
For the second quarter 2015, Westport improved consolidated adjusted EBITDA 54% and anticipates consolidated revenue to be between $110 and $125 million for the year.
Operator Cab
Modine announces first quarter fiscal 2016 results
Modine Manufacturing Company
Modine reports sales in the first quarter of fiscal 2016 were down 12% due to currency impacts, but expects the full fiscal year to be up 1 to 6% on a constant currency basis.
Hardware
Timken reports 8% sales decrease for second quarter 2015
The Timken Company
Timken second quarter financial results show an 8% decrease in sales; the company anticipates year-over-year revenue to be down 7 to 8% in 2015.
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