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Market Analysis
Industry News: Page 234
Agriculture
Case IH Announces Senior Management Changes
Case IH Agriculture Equipment, Inc.
Case IH Vice President in North America Jim Walker is set to retire, and Scott Harris will succeed him in the position.
Industry News
Volvo Group Enters Agreement to Divest Chinese Subsidiary Holding Shares in Inner Mongolia North Hauler
Volvo Group Global
Volvo is divesting a Chinese subsidiary holding 25.2% of the shares of Inner Mongolia North Hauler, which is expecting to generate a capital gain for the company.
Trends
Volvo to Test Electric Articulated Buses in Sweden
Volvo Group Global
The Volvo electric articulated bus measures 18.7 m long and has space for up to 135 passengers.
Industry News
AEM Hall of Fame Accepting Nominations
Association of Equipment Manufacturers (AEM)
AEM is accepting nominations for its 2018 Hall of Fame which recognizes industry leaders, innovators and pioneers who have contributed to the growth and overall quality of the off-road equipment industry.
Military
Oshkosh Defense Exhibiting JLTV at AUSA Global Force Symposium
Oshkosh Corporation
Oshkosh Defense's JLTV provides off-road mobility and MRAP levels of protection in a highly transportable package.
Forestry & Lawn
Sales of Lawn Care Equipment Declined 0.6% in 2017
FederUnacoma | Italian Agricultural Machinery Manufacturers Federation
FederUnacoma reports sales of machinery and equipment for gardening and groundskeeping declined in 2017 due in part to weather conditions which reduced demand.
On-Highway
New Flyer Announces Fourth Quarter and Fiscal Year 2017 Results
NFI Group Inc., formerly New Flyer Industries Inc.
New Flyer's fiscal 2017 revenue increased 4.7%, and continued growth is expected in 2018.
Trends
IC Bus Kicks off Tour of chargE Electric Bus
Navistar International Corp.
The chargE will visit more than 10 locations throughout the West Coast on the first leg of the tour, providing an opportunity for customers to see the concept electric bus up close.
Industry News
Liebherr to Invest $45 Million at Newport News Facility
Liebherr USA
Liebherr will add three new buildings to its current footprint in the U.S., helping expand and strengthen its presence in the market.
On-Highway
January Trucking Conditions Index for Continued Upturn as Demand Remains Well Above Supply
FTR Transportation Intelligence
The FTR Trucking Conditions Index in January continued its upward trend, reaching a reading of 11.5, reflecting a strong first quarter for carriers.
Fuels & Fluids
ULEMCo Delivers World’s First Hydrogen Dual Fuel Road Sweeper to Aberdeen City Council
ULEMCo Ltd.
The vehicles will use hydrogen fuel for around a third of the energy used to drive and operate the vehicles, helping reduce carbon dioxide emissions.
On-Highway
Commercial Vehicle Registrations Rose 6.5% in First 2 Months of 2018
European Automobile Manufacturers Association (ACEA)
ACEA reports commercial vehicle registrations increased 5% in February, with gains seen in the five largest EU markets.
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