Trends: Page 291

Drivetrains
Allison Reports Second Quarter Results
Allison Transmission
For the second quarter, Allison reports a 7% decrease in sales compared to 2015 due to lower demand in the markets it serves including the on- and off-highway segments.
Market Analysis
Brexit and the Construction Market
What are the effects of Brexit on the local UK economy, construction market, and long-term potential effects for global investors?
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Market Analysis
’Brexit’ and the Impact on Construction in the UK
Timetric
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Engineering & Manufacturing
Mack Trucks Uses Virtual Reality to Demonstrate Vehicle Technologies
Mack Trucks Inc.
Mack Trucks is using virtual reality technology to provide a realistic experience of what it's like to use its Pinnacle, Granite and Titan vehicles equipped with the mDRIVE HD 13-speed AMT.
Engines
New Caterpillar Motor Grader Features Larger Engine, Increased Fuel Efficiency
Caterpillar Inc.
Caterpillar's new 14M3 motor grader includes a C13 ACERT engine with ECO mode to boost fuel economy and a Consistent-Power-to-Ground feature to automatically change engine power levels for consistent delivery in all temperature conditions.
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Market Analysis
CNH Reports Second Quarter Revenues Down 2.9%
CNH Industrial
CNH's revenues for the second quarter decreased compared to 2015; the agricultural and construction equipment segments saw declines while the commercial vehicles and powertrain segments reported sales increases.
Market Analysis
Caterpillar Reports 16% Sales and Revenues Decrease for Second Quarter
Caterpillar Inc.
CEO Doug Oberhelman says despite the current economic climate, the company is happy with its financial performance but remains cautions for the second half of the year.
Automated Systems
Global Precision Agriculture Market to Reach $7.8 Billion by 2022
Allied Market Research reports the global precision agriculture market is expected to grow at a CAGR of 14.9%, with North America and Asia-Pacific to be the areas of largest growth.
Electronics
Tesla to Produce Semis and Buses
Tesla founder Elon Musk has announced the company has begun developing electric heavy-duty trucks and buses.
Market Analysis
Deere Announces Factory Layoffs
John Deere Ag and Turf Division
Deere will layoff approximately 120 production employees at its Harvester Works facility in East Moline, IL.
Electronics
UQM Extends Long-Term Supply Agreement with Proterra
UQM Technologies Inc.
UQM and Proterra have extended their long-term supply agreement due in part to increased demand for Proterra buses in the U.S.
Engines
Iveco and Iveco Bus Continue to Grow Natural Gas Solutions
CNH Industrial
Orders for Iveco's natural gas vehicles continues to grow, as does the company's development of natural gas technologies including biomethane.
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