Equipment Market Outlook: Page 7

Hardware
Bossard Reports Strong Second Quarter Financial Results
Bossard North America Inc.
Bossard Group reports sales grew 3.3% during the second quarter, significantly aided by its European business.
Market Analysis
MAN Reports Successful Start to 2016
MAN Truck & Bus AG
During its Annual General Meeting, MAN reported a successful start to 2016 despite uncertainties in some markets, and a continued progression toward digitization for the industry.
Electronics
UQM Reports Increased Revenue for Fourth Quarter and Fiscal Year 2016
UQM Technologies Inc.
UQM had a fourth quarter 2016 revenue total of $1.5 million, an increase from the same period in 2015, and total revenue for the fiscal year increased 32%.
Engines
Navistar Reports Second Quarter 2016 Revenue down 18%
Navistar International Corp.
Navistar revenue decreased 18% in the second quarter due to softer market conditions in the trucking industry, as well as lower engine volumes in Brazil.
Engines
Scania Reports 3% Sales Increase for First Quarter 2016
Scania AB
Scania achieved its highest level of order bookings for trucks in Europe since the first quarter of 2007, with the strongest orders coming from eastern and southern Europe.
Engines
Donaldson Reports Third Quarter 2016 Earnings
Navistar International Corp.
Donaldson's third quarter 2016 sales declined 0.7% from the same period in 2015, and anticipates sales for 2016 as a whole to be 6% below last year.
Drivetrains
Comer Industries Reports 5.6% Decline in Revenues for 2015
Comer Industries S.p.A.
Comer Industries' 2015 financial report shows a decline in revenues due to the many markets it serves also experiencing negative market conditions.
Engines
Modine Reports Fourth Quarter Fiscal 2016 Results
Modine Manufacturing Company
Modine's fourth quarter fiscal year 2016 net sales declined 5.3% due in part to weakness in global off-highway markets and the Americas segment commercial vehicle market.
Market Analysis
Deere Announces Second Quarter Earnings of $495 Million
John Deere Worldwide Construction & Forestry Div.
Deere & Co.'s global net sales and revenues decreased 4% in the second quarter due to the continued downturn in the agricultural and construction markets.
Market Analysis
Daimler Trucks Adjusts Outlook for 2016 due to Contracting Market Conditions
Daimler AG
Daimler expects the overall Class 6-8 truck market to contract 15% in 2016 due to lower demand in many regions; however the company still anticipates 2016 will be one of its most profitable years.
Engines
Omnitek Reports First Quarter Results and Expectations for Future Growth due to GHG Regulations
Omnitek Engineering Corp.
Omnitek anticipates diesel-to-natural-gas engine conversions to increase in the coming quarters as greenhouse gas emissions regulations go into effect.
Market Analysis
New Flyer Reports Revenue Increase for First Quarter
NFI Group Inc., formerly New Flyer Industries Inc.
New Flyer's first quarter increase was due primarily to a 63.1% increase in total transit bus and coach deliveries.
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