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Truck and engine maker Paccar Inc. on Tuesday reported big gains in both profits and revenue for the final quarter of 2017 as well as for all of last year.
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Navistar International Corp. reported on Tuesday that it returned to profitability as it wrapped up its 2017 fiscal year and final quarter.
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Navistar International Corp. on Sept. 6 that it rolled back into the black during its fiscal third quarter with a profit of $37 million, although it would have been higher had it not been involved in litigation over its earlier model engines.
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The parent company of Volvo Trucks and Mack Trucks on Wednesday reported both increased sales and profitability during the second quarter of the year.
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Earnings for German truck and auto maker Daimler AG doubled in the first quarter of the year, despite lower sales of its trucks.
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Earnings for truck makers moved higher in the first quarter of the year, with three on Tuesday showing big improvements from the same time in 2016.
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Navistar International Corp. on Tuesday announced its financial losses in the first quarter of 2017 nearly doubled from the same time a year ago due to lower truck volume and softer Class 8 truck sales.
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The parent company to names such as Freightliner, Western Star, and Mercedes reported the best year in the company’s history, and it's expanding investment in research and development, focusing on "digitization," autonomous tech and connectivity.
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The parent company to truck and engine manufacturers Volvo and Mack on Wednesday reported sharply higher income for the final quarter of 2016. However, the Bulldog brand last year reported its weakest number of deliveries in several years.
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Navistar reported losses for both its fiscal fourth quarter and full year. But it's optimistic about the future with its pending strategic alliance with Volkswagen Truck & Bus, which has received U.S. antitrust approval.
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