Trends: Page 290

Engines
Cummins Reports Second Quarter Revenues Decreased 10%
Cummins Inc.
Cummins' second quarter revenues decreased due to lower truck production in North America and weak global demand in the off-highway segment; full year revenues are expected to be down 8-10%.
Engines
MAN Improves Profit in First Half of 2016
MAN Truck & Bus AG
MAN Group's operating profit increased 3.7% during the first half of 2016, aided primarily by improved sales in the MAN Truck & Bus business unit.
Market Analysis
Commercial Vehicle Demand in Europe Increases for 18th Consecutive Month
European Automobile Manufacturers Association (ACEA)
Demand for new commercial vehicles in Europe increased 13.3% in June, with growth sustained in all major markets including Italy, Spain, Germany, France and the UK.
Electronics
The Battery Show Conference Agenda Released
The Battery Show 2016 will once again be filled with opportunities to learn about the latest battery technologies and research, and ways the technology is being implemented.
Engines
Research Finds Clean Diesel Technologies Reduced 29 Million Tonnes of Carbon Dioxide
Diesel Technology Forum
New research from The Martec Group finds the clean diesel heavy-duty engines introduced between 2007 and 2015 have eliminated 29 million tonnes of carbon dioxide, the equivalent of removing 6 million cars from roadways.
Market Analysis
Terex Announces Second Quarter Results
Terex Corporation
Terex's second quarter results accounted for structural changes due to impending sales of two business units; the company anticipates full year sales to be on par with its previous guidance.
Automated Systems
Mercedes-Benz Future Bus with CityPilot to Demonstrate Autonomous Bus Capabilities
Daimler AG
CityPilot on the Mercedes-Benz Future Bus enables semi-autonomous operation, as well as obstacle detection and communication with traffic lights to ensure safe driving through intersections.
Daimler MercedesBenzFutureBus 579fc3485d03a
Electronics
DENSO First Quarter Revenue 1.2% Lower Compared to Previous Year
Denso International America
Despite a growth in sales, DENSO's first quarter revenue decreased 1.2% due to exchange rates.
Market Analysis
Scania Sales Reach All-Time High During First Half of 2016
Scania AB
Scania's sales rose 7% in the first half of 2016, reaching an all-time high, due to higher vehicle volumes in Europe and increased service revenue.
Electronics
Nikola One Truck Achieves Zero Emissions
Nikola Corporation
Nikola Motor Co.'s Nikola One Class 8 electric truck has achieved 100% zero emissions.
Engines
Douglas Acquisitions LLC Completes Acquisition of Quantum Fuel Systems
Quantum Fuel Systems LLC
Quantum has been acquired by Douglas Acquisitions LLC, enabling it to further grow its CNG fuel systems technologies.
Engines
IC Bus Enables Over-the-Air-Programming for School Buses
Navistar International Corp.
IC Bus models powered by Navistar and Cummins engines will be capable of using over-the-air-programming of engine control modules.
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