Equipment Market Outlook: Page 29

Market Analysis
Volvo CE Sales Down 9% In Third Quarter Due to Decline in Market Demand
Volvo Construction Equipment
Volvo CE's sales were down 9% in the third quarter due to slowing global market demand, causing the company to slow the rate of production at its factories.
Drivetrains
Comer Industries Presents New Strategic Plan for 2013 to 2015
Comer Industries S.p.A.
Based on growth it sees on the horizon in the coming years, Comer Industries has presented a new strategic plan for 2013 to 2015 to capitalize on the global growth.
Market Analysis
Caterpillar Announces Third-Quarter 2012 Financial Results
Caterpillar Inc.
Caterpillar has announced its third-quarter 2012 financial results which show a 5% increase in sales from 2011 third-quarter results.
Market Analysis
Caterpillar Updates 2015 Targets
Caterpillar Inc.
Caterpillar executives updated analysts recently on the company's strategy and expectations for 2015.
Market Analysis
Navistar Announces Third Quarter Financial Results
Navistar International Corp.
Navistar has announced its third quarter 2012 results, which show a net income of $84 million.
Market Analysis
Joy Global Reports Third Quarter Results
Komatsu Mining Corp. (formerly Joy Global Inc.)
Joy Global announces its third quarter results, which show a net sales increase of 22% compared to the same time last year.
Engines
Deutz Expanding in Asia
DEUTZ Corporation
While global sales have declined slightly, Deutz will expand its operations in Asia to increase its presence in the global marketplace.
Market Analysis
Sauer-Danfoss Announces Second Quarter Financial Results
Danfoss - Danfoss Power Solutions
Sauer-Danfoss' second quarter 2012 results show an 8% decline in sales due to slowing market conditions.
Hardware
Timken Reports Sales of $1.3 Billion for Second Quarter of 2012
The Timken Company
The Timken Company has announced its second quarter 2012 results, which indicate a 1% increase over last year with sales of $1.3 billion.
Drivetrains
Dana Announces Second Quarter Financial Results
Dana Incorporated
Dana has announced strong results for the second quarter of 2012, seeing its fifth consecutive quarter of a positive net income.
Market Analysis
Volvo CE increases sales by 15% in Q2
Volvo Construction Equipment
Continued momentum in most markets reinforced a self-assured quarter for Volvo Construction Equipment, one that saw the company post strong earnings and strengthen its position in the Chinese wheel loader and excavator market.
Market Analysis
Scania Reducing Production of Buses in Poland
Scania AB
Scania announces it will reduce production of buses in Poland due to low demand.
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