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Tag: earnings

Scissor lifts at a United Rentals location in Elizabethtown, Kentucky, U.S., on Friday, Jan. 21, 2022. United Rentals Inc. is scheduled to release earnings figures on January 26.

Rental house reign continues as Herc, United revenues jump

byQuinn Donoghue

February 13, 2025

Equipment rental houses Herc Rentals and United Rentals capitalized on surging demand in 2024 and made several plays in the ...

Partially assembled vehicles, including the Chevrolet Silverado 1500 and GMC Sierra 1500, at the General Motors assembly plant in Fort Wayne, Indiana, US, on Tuesday, April 9, 2024. General Motors Co. is scheduled to release earnings figures.

Ford, GM realizing long-term benefits of commercial fleet bundling

byJohnnie Martinez II

February 6, 2025

Ford and General Motors benefited from growing commercial vehicle demand in the fourth quarter, as software and fleet sales indicate ...

An AGCO Corp. Challenger tractor pulls a Bourgault Tillage Tools Ltd. air seeder while planting canola seeds on a farm near St. Francois Xavier, Manitoba, Canada on Thursday, May 9, 2019. Prime Minister Justin Trudeau's government is expanding a loan program for farmers and launching a trade mission to Japan and South Korea as Canadian canola exports get caught up in a diplomatic feud with China.

Agco sales slide 19% in 2024

byQuinn Donoghue

February 6, 2025

Farm equipment manufacturer Agco reported a steep sales drop in 2024 amid declining farm income and high dealer inventory. Despite ...

CNH Industrial Capital revenue spikes 7.8% in 2024

byQuinn Donoghue

February 4, 2025

CNH Industrial Capital’s revenue jumped in 2024 despite decreased originations in the fourth quarter and lower agricultural and construction equipment ...

A worker squats on a Komatsu Ltd. excavator near the construction site for the Otres 2 development in Sihanoukville, Cambodia, on Saturday, March 31, 2018. It's against the law for Cambodians to gamble. Yet in Sihanoukville, a once-sleepy resort town where three dozen casinos have sprung up, most in the past two years, Cambodians are betting that an infusion of Chinese-built infrastructure will pay off with jobs and prosperity

Komatsu retail finance originations jump 8%

byQuinn Donoghue

February 3, 2025

Japanese equipment manufacturer Komatsu reported increased retail finance originations in the first nine months of its fiscal 2024 as construction, ...

Cat Financial originations rise 6% YoY amid high rates

Cat Financial revenue jumps 7% in 2024

byQuinn Donoghue

January 30, 2025

Cat Financial reported increased revenue and new business volume in 2024 while cleaning up its portfolio. The OEM captive’s jump ...

North American net truck sales up 27% YoY

Volvo Financial Services’ credit portfolio swells in 2024

byQuinn Donoghue

January 29, 2025

Volvo Financial Services beefed up its credit portfolio in 2024 despite seeing a drop in total financed units. The financing ...

A Kenworth T680E electric truck at Hight Logistics in Long Beach, California, US, on Monday, Dec. 5, 2022. Forum Mobility replaces diesel drayage freight trucks, a major source of toxic emissions, with electric models for a monthly fee.

Paccar Financial Services profits slip as delinquency concerns rise

byJohnnie Martinez II

January 28, 2025

Paccar Financial Services, the financial arm of truck manufacturer Paccar, saw profits dip in 2024 as delinquencies and loss provisions ...

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