Equipment Market Outlook: Page 18

Engines
Quantum sales double in fourth quarter 2014
Quantum Fuel Systems LLC
Quantum product sales for the fourth quarter of 2014 were double the amount of sales reported during the third quarter.
Proximity Detection & Safety Systems
Bendix achieves billion dollar sales milestone during 2014
Bendix Commercial Vehicle Systems LLC
In 2014, Bendix surpassed 1 billion dollars in sales, reflecting the company's continued growth over the past decade.
Electronics
ORBCOMM reports increased revenue of 53% for fourth quarter 2014
ORBCOMM
ORBCOMM's financial report indicates a 53% year-over-year increase for its fourth quarter and a 30% increase for the total year compared to 2013.
Engines
Westport's 2014 financial results show continued year-over-year growth of natural gas market
Westport Fuel Systems Inc.
Westport has released its 2014 financial results which indicate the global natural gas vehicle market continues to grow.
Drivetrains
Titan CEO provides outlook for coming year upon release of company's 2014 financial results
Titan Tire Corp., a subsidiary of Titan Intl.
Titan International CEO Maurice Taylor provides his outlook for the coming year upon the release of the company's 2014 financial results.
Hardware
Bossard Group achieves rise in profits for 2014 fiscal year
Bossard North America Inc.
Bossard Group reports increased operating profit of 4.3% in 2014 and anticipates sales growth of 13 to 16% for 2015.
Market Analysis
Navistar's first quarter results show year-over-year improvements
Navistar International Corp.
Navistar reports a net loss for the first quarter of 2015 though profits were up 10% compared to the same period last year, indicating the company's continued year-over-year improvements.
Engineering & Manufacturing
Volvo sells holding in the listed Indian company Eicher Motors Limited
Volvo Group Global
Volvo group has sold 1,270,000 shares of Eicher Motors to help improve the group's cash flow, but still maintains ownership of the joint venture VE Commercial Vehicles.
Drivetrains
Dana announces fourth quarter and full year 2014 financial results
Dana Incorporated
Dana's fourth quarter 2014 financial results show a 4% sales increase though sales for the full financial year were lower compared to the previous year.
Market Analysis
Deere announces first-quarter earnings of $387 million
John Deere Ag and Turf Division
Deere & Co. reports first quarter 2015 sales and revenues decreased 17%, and anticipates continued decreases in sales for the reminder of the year.
Engines
Donaldson reports solid 7% currency growth for second quarter 2015
Donaldson Company Inc.
For the second quarter of its 2015 fiscal year, Donaldson had a solid constant currency sales growth of 7% but anticipates the full fiscal year will be flat to down 3%.
Market Analysis
Volvo reports 4% decrease in truck deliveries in January 2015
Volvo Group Global
Volvo Group truck deliveries decreased 4% in January 2015, though there was a 14% increase of deliveries in North America.
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