Equipment Market Outlook: Page 15

Drivetrains
Titan reports second quarter 2015 financial results
Titan Tire Corp., a subsidiary of Titan Intl.
For the second quarter of 2015, Titan Intl. reports a 28.2% decrease in sales compared to the same quarter in 2014.
Brake System
Meritor reports third fiscal quarter results
Meritor, Inc.
Meritor's third fiscal quarter results show a 7% decrease in sales from the same period last year due to currency exchange rate declines in Europe and Brazil against the U.S. dollar.
Engines
CNH reports 10% decrease in revenues for second quarter 2015
CNH Industrial
CNH Industrial reports consolidated revenues for the second quarter decreased 10%; full year guidance has been updated with net sales of industrial activities anticipated to be in the range of $26 and $27 billion.
Engines
Cummins reports 4% revenue increase for second quarter 2015
Cummins Inc.
Cummins had a 4% revenue increase for the second quarter, with revenues in North America up 12%; full year revenue is expected to increase 2 to 4%.
Market Analysis
Caterpillar second quarter sales and revenues down 13%
Caterpillar Inc.
For the second quarter of 2015, Caterpillar sales and revenues declined 13% compared to 2014.
Market Analysis
New Flyer announces second quarter 2015 orders and backlog
NFI Group Inc., formerly New Flyer Industries Inc.
For the second quarter 2015, New Flyer had an increase in vehicle deliveries while new bus orders totaled 531 equivalent units.
Market Analysis
Volvo Group reports 4% sales growth for second quarter 2015
Volvo Group Global
Volvo Group reports continued market acceptance of its products and efficiency efforts, demonstrated by its 4% sales increase in the second quarter.
Hardware
Bossard Group reports further growth during first half of 2015
Bossard North America Inc.
Bossard Group had a 5.4% sales increase in the first half of 2015, largely due to acquisitions in the U.S., Italy, France and Norway.
Market Analysis
Scania reports record high market share in Europe
Scania AB
Scania's market share reached a record high 17.2% during the first half of 2015 due in part to its early introduction of Euro 6 engines.
Market Analysis
Volvo Group truck deliveries in May rose 22% in North America
Volvo Group Global
In May, Volvo Group delivered a total of 17,475 vehicles and had a 22% increase in vehicle deliveries in North America.
Market Analysis
Navistar releases second quarter 2015 results
Navistar International Corp.
Navistar's second quarter results showed a net loss of $64 million and a 10% year-over-year increase in chargeouts in its core markets.
Engines
Modine fourth quarter 2015 results show 7% sales decrease
Modine Manufacturing Company
Modine's fourth quarter 2015 financial results show a 7% sales decrease; the company anticipates the 2016 fiscal year to be flat to down 5%.
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