Equipment Market Outlook: Page 19

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.
Market Analysis
Decreasing sales for Volvo CE in Q4 2014 reflect challenging environment for construction equipment industry
Volvo Construction Equipment
Lower sales in China and stagnation in Europe brought Volvo CE a 6% sales decrease in the fourth quarter of 2014 and a 1% decrease for the full financial year.
Drivetrains
Allison Transmission reports 11% sales increase for fourth quarter of 2014
Allison Transmission
Allison Transmission had an 11% increase in sales during the fourth quarter of 2014, and anticipates 2015 to be in the range from flat to down 5%.
Drivetrains
P.S.I. reports record sales of its automatic tire inflation system during 2014
Pressure Systems International (PSI)
P.S.I. says global sales of its automatic tire inflation system exceeded forecast sales by 19% for a year-over-year increase of 27%.
Market Analysis
Volvo Group reports 4% decrease in sales for fourth quarter 2014
Volvo Group Global
For the fourth quarter of 2014, Volvo Group reports sales decreased 4%.
Engines
Cummins reports fourth quarter and full year financial results for 2014
Cummins Inc.
In 2014, Cummins had an 11% increase in fourth quarter revenue due in part to higher revenues in North America.
Engines
CNH reports revenue down 3.8% in 2014
CNH Industrial
Despite increased sales in construction equipment and powertrain products, CNH revenue in 2014 decreased 3.8% compared to 2013.
Drivetrains
Comer Industries reports highest ever recorded financial year in 2014
Comer Industries S.p.A.
Comer Industries saw a 6% improvement in consolidated turnovers in 2014 and an improved financial position that was the company's highest ever recorded.
Brake System
Meritor reports first quarter 2015 sales down 2% from previous year
Meritor, Inc.
Meritor's first quarter 2015 sales were down 2% from the same period last year.
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