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Equipment Market Outlook: Page 26
Engineering & Manufacturing
Volvo truck deliveries declined 8% in August
Volvo Group Global
Deliveries of Volvo Group trucks decreased 8% in August compared to the same period last year.
Engineering & Manufacturing
SDLG adds four new dealers in Canada
Shandong Lingong Construction Machinery Co., Ltd. (SDLG)
Growing sales for its wheel loaders in Canada has prompted SDLG to add four new dealers to the region.
Market Analysis
Navistar reports third quarter loss of $2 million
Navistar International Corp.
Navistar reports a $2 million net loss for its third quarter 2014 financial year, and flat revenue compared to the same period in 2013.
Engines
Donaldson reports financial fourth quarter results
Donaldson Company Inc.
Donaldson reports its results for the fiscal fourth quarter which saw increases in sales for most markets; the company anticipates 4 to 8% sales growth for FY15.
Trends
Volvo Group truck deliveries decreased 9% in July
Volvo Group Global
Deliveries of trucks in July for the Volvo Group decreased 9% compared to the same period last year.
Market Analysis
Look to the U.S. for Construction Opportunities
Engines
Omnitek Engineering reports 53% second quarter revenue increase
Omnitek Engineering Corp.
Omnitek Engineering reports net revenues for the second quarter of 2014 increased 53% from the same period last year.
Market Analysis
Deere announces third-quarter earnings of $851 million
John Deere Ag and Turf Division
Deere & Co. reports its third-quarter financial results which saw a decrease in agriculture and turf sales, but an increase in construction and forestry sales.
Engines
Briggs & Stratton fourth quarter fiscal year 2014 results show 4.1% sales increase
Briggs & Stratton Commercial Power
Briggs & Stratton's financial results for the fourth quarter of the 2014 fiscal year show a sales increase of 4.1% and engine segment sales increase of 6.3%.
Hardware
Timken reports second quarter results
The Timken Company
Timken reports sales for the second quarter of 2014 were comparable to the same period last year, and expects a 3% rise in sales for the year overall compared to 2013.
Engines
Rolls-Royce Power Systems reports stable first half of the financial year
Rolls-Royce Solutions GmbH
Rolls-Royce Power Systems reports a stable first half of 2014 with revenue at 1.473 billion euro.
Tires & Wheels
Titan International reports second quarter financial results
Titan Tire Corp., a subsidiary of Titan Intl.
Titan International's second quarter financial results show a 11.7% decrease in sales from the same period in 2013.
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