Tag: earnings

A Volvo badge and parking-assist camera on the grille of an automobile at a Volvo Cars AB dealership in Stockholm, Sweden, on Thursday, Aug. 19, 2021. Volvo Cars said its considering an initial public offering months after calling off earlier plans to merge with Geely Automobile Holdings Ltd., the Chinese manufacturer owned by its parent.

Swedish equipment manufacturer Volvo Group’s construction equipment and truck orders decreased in the first quarter as the manufacturer navigated supply ...

Machinery at the Case Construction Equipment vendor booth during the ConExpo-Con/Agg tradeshow in Las Vegas, Nevada, US, on Tuesday, March 14, 2023. The convention, which takes place every three years, expects 130,000 attendees.

Titan Machinery hits $2.8B revenue record in fiscal 2024

bySamson Amore

March 21, 2024

Equipment dealer Titan Machinery reported record revenue of $2.8 billion for fiscal 2024 as inventories and floorplan use rose. Each ...

EV maker Workhorse seeks funding, cuts 20% of staff

byAmanda Harris

March 12, 2024

Commercial electric truck manufacturer Workhorse has cut 20% of its staff and is working to shore up funding to maintain operations amid ...

Toro Co. signage stands at the company's headquarters in Bloomington, Minnesota, U.S., on Wednesday, Dec. 28, 2011. The economy in the Minneapolis area grew moderately in 2011, with strong growth in the agriculture, energy, and mining sectors and modest growth in consumer spending, tourism, residential and commercial construction, according to a report by the Federal Reserve Board.

Toro Company Red Iron originations down 37% in Q1

byJohnnie Martinez II

March 8, 2024

Outdoor power equipment manufacturer The Toro Company saw a decline in financing originations for its finance joint venture in the ...

A newly constructed dock area at the construction site of the Chancay Port in Chancay, Peru, on Tuesday, March 5, 2024. One of Beijing's biggest economic beachheads in Peru is currently under construction a massive container port an hours drive north of Lima, in Chancay, built by Chinas state-controlled shipping company.

Trinity Capital equipment finance portfolio up 37%

byJohnnie Martinez II

March 7, 2024

Capital market financing firm Trinity Capital increased its equipment finance portfolio outstandings in 2023 as it experienced record portfolio growth. ...

A Mercedes-Benz eActros LongHaul electric truck, manufactured by Daimler Truck Holding AG, at the IAA Transportation show in Hanover, Germany, on Monday, Sept. 19, 2022. Global leaders Daimler Truck Holding AG and Volvo AB are joining dozens of commercial-vehicle makers in Germany this week to showcase their latest electric semis, with more zero-emissions vehicles debuting at the IAA Transportation show than ever before.

Daimler Truck financial services revenue more than doubles in 2023

bySamson Amore

March 1, 2024

Daimler Truck saw its financial services revenue more than double in the past year as new business volume rose by ...

Daimler Truck hikes dividend, sees growth surging from 2025

byBloomberg News

March 1, 2024

Daimler Truck Holding AG jumped the most on record after raising its dividend and projecting sales growth to take off ...

Hyster-Yale Americas dealer sales spike again

byJohnnie Martinez II

February 28, 2024

Material handling manufacturer Hyster-Yale grew dealer sales in the Americas in the fourth quarter as it benefited from improving supply ...

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Tag: earnings

Volvo North American orders drop amid inventory management

Titan Machinery hits $2.8B revenue record in fiscal 2024

EV maker Workhorse seeks funding, cuts 20% of staff

Toro Company Red Iron originations down 37% in Q1

Trinity Capital equipment finance portfolio up 37%

Daimler Truck financial services revenue more than doubles in 2023

Daimler Truck hikes dividend, sees growth surging from 2025

Hyster-Yale Americas dealer sales spike again

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