Commercial Vehicle Group, Inc.
Construction activity continues to be a bright spot in the US, driven primarily by the residential sub-sector. This has also been a keenly followed investing theme by money managers all around the US. Many industries have been direct or indirect beneficiaries of improvements in the construction market. Some examples are home builders, paint makers, chemical producers and so on. Let’s have a wide look at the market to see more »
At a recent Mid-America Truck Show held in Louisville, Kent., different trucking companies presented their near-term outlooks. The following key takeaways originate from three companies presenting in the conference.
Allison Transmission (NYSE: ALSN)
Allison reported that 100 test-fleet customers achieved 5% stronger fuel economy with its new TC10 transmission for metro heavy duty truck applications (a 60,000 unit market). Navistar is a core OEM partner, and Allison's legacy more »
ACEA reported a 17% year-over-year decline in the European heavy truck registrations in November. The European truck production has the largest incremental impact on Paccar’s (NASDAQ: PCAR) DAF nameplate, Cummins (NYSE: CMI), Eaton Corp (NYSE: ETN), Allison Transmission (NYSE: ALSN), Modine Manufacturing (NYSE: MOD), Commercial Vehicle Group (NASDAQ: CVGI) and Actuant Corp’s Engineered Solutions segment. Total Europe truck registrations were down 17% YoY in November and down 15 more »