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Market Analysis
Industry News: Page 282
Military
U.S Army Places Order for Oshkosh Joint Light Tactical Vehicles
Oshkosh Corporation
Oshkosh has received an additional order from the U.S. Army for its JLTVs that includes 748 vehicles and 2,359 installed and packaged kits.
Safety
Bendix Voices Support for Full-Stability Requirement
Bendix Commercial Vehicle Systems LLC
Bendix supports implementation of the NHTSA full-stability mandate for Class 7 and 8 trucks set to go into effect August 1 to help improve road safety.
On-Highway
MAN Increases Operating Profit
MAN Truck & Bus AG
MAN Group's return on sales increased 4% during the first half of 2017, and its Executive Board expects sales revenue to slightly exceed the previous year's level.
On-Highway
Daimler Paves Way to Potential Spinoffs with Separation Plan
Daimler AG
Daimler AG is studying a legal separation of its businesses, including cars, trucks, vans and financial services, as a means of becoming more nimble for future growth in its respective markets.
Forestry & Lawn
Sennebogen 718 Enhances Productivity for Boston-Area Tree Service Company
Sennebogen
The Sennebogen 718 is a purpose-built machine which is lighter in weight for use on sensitive ground areas and features a telescoping stick with 13 m reach for increased efficiency when tearing down and carrying trees.
On-Highway
PACCAR Achieves Strong Quarterly Revenues and Profits
PACCAR Inc.
PACCAR reports second quarter 2017 revenue and income increased over the same period last year due to a rise in North American truck production and market share, strong European truck markets and higher global aftermarket parts sales.
Construction
Volvo CE 75 Tonne Excavator Makes Eastern European Debut
Volvo Construction Equipment
A Polish cement company has taken ownership of a Volvo EC750E crawler excavator, the first of its kind in Eastern Europe, which is powering productivity at its limestone operations.
Telematics
CNH Industrial and Trimble Announce Data Sharing Connectivity
Trimble Inc.
The partnership will enable wireless connectivity between Trimble Ag Software and Case IH Advanced Farming Systems (AFS) Connect and New Holland Precision Land Management (PLM) Connect telematics platforms.
On-Highway
North America Class 8 Production Increases Again in June
Americas Commercial Transportation Research Co. LLC/ACT Research
ACT Research reports North American Class 8 production reached a 19-month high in June after strong order placement earlier in the year.
Industry News
Parker Opens Additive Manufacturing Facility to Accelerate Innovation in Product Design and Manufacturing
Parker Hannifin Corp.
Parker Hannifin's new advanced manufacturing learning and development center will enable its engineers to explore new applications of emerging technologies such as additive manufacturing and collaborative robotics.
On-Highway
EU Commercial Vehicle Demand Rose 2.5% in June
European Automobile Manufacturers Association (ACEA)
ACEA reports commercial vehicle registrations in Europe increased 2.5%, sustained mainly by the van and bus segments.
Agriculture
CNH Industrial Second Quarter Revenues Increased 3%
CNH Industrial
For the second quarter 2017, CNH reports revenues rose 3%; as market conditions in the first half of the year were better than anticipated, the company expects on the upper end of its forecasted range.
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