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Jul 30, 2014

TRUCKMAKERS NEWS * USA & Canada

* Oregon - Daimler touts vocational market leadership, offers ISX12 G engine for 114SD


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Portland,ORE,USA -CCJ, by Jeff Crissey -July 29, 2014: -- In 2010, Daimler Trucks North America sets is sights on becoming the market leader in the vocational market within five years. Since that time, the company has increased its marketshare to almost 31 percent year-to-date 2014 with a target of 32 percent by year-end 2014... Year-to-date, DTNA says it has sold 21,236 M2 and SD trucks in the U.S. and Canada, outpacing many total Class 6-8 truck sales from other OEMs... 


* Oregon - Paccar’s 2Q profit climbs nearly 9.5%

Bellevue,ORE,USA -The Seattle Times, by Coral Garnick -30 July 2014: -- Bellevue-based truck maker Paccar reported an almost 9.5 percent increase in second-quarter earnings and record quarterly revenue from its Paccar parts division... The truck maker said the results reflect improving truck sales in the U.S. and Canada, and strong aftermarket parts and financial-services worldwide... The company also announced its plan to build a 176,000-square-foot distribution center in Renton to replace its current facility... 


* Wiscosin - Oshkosh shares fall on earnings miss, lowered full-year forecast


Oshkosh,WIS,USA -Reuters, by James B. Kelleher and Paul Simao -Jul 29, 2014: -- Shares of Oshkosh Corp tumbled more than 11 percent on Tuesday after the specialty truckmaker posted an unexpectedly lower quarterly profit and cut its full-year earnings outlook... The Wisconsin-based company posted a fiscal third-quarter profit of $105.1 million, or $1.22 a share, down from $148.4 million, or $1.67 a share, during the comparable quarter last year. Analysts had expected a quarterly profit of $1.37 a share, according to Reuters estimates... Oshkosh also cut its full-year earnings per share target to a range of $3.40 to $3.55, from a range of $3.40 to $3.65... It cited a 46.5 percent drop in sales of tactical and other military vehicles and a 8.3 percent decline in sales of fire trucks, ambulances and other emergency vehicles for the lower quarterly profit and change to its full-year earnings forecast... The company said revenue during the quarter fell 12.3 percent to $1.93 billion...

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