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Lawsuit alleges Caterpillar hid defects in 2007-2010 engines from buyers

Lawsuit alleges Caterpillar hid defects in 2007-2010...

Posted by James Jaillet on May 08, 2014

Nearly 10 class-action lawsuits have been filed against Caterpillar claiming that its 2007-2010 year model ACERT C13 and C15 engines ...

CNH Industrial profit falls 33% in 1Q due to softer agriculture equipment demand

CNH Industrial profit falls 33% in 1Q due to softer...

Posted by Wayne Grayson on May 08, 2014

CNH Industrial, makers of the Case Construction and New Holland equipment brands, reported flat revenues during the first quarter of ...

Komatsu sees profit jump 26% in FY 2013, but expects less demand in coming year

Komatsu sees profit jump 26% in FY 2013, but expects...

Posted by Wayne Grayson on May 07, 2014

Komatsu says an increase in demand for construction equipment in Japan, China and other regions offset a low demand for ...

Cummins profit jumps 20% in 1Q due to growing demand in North America

Cummins profit jumps 20% in 1Q due to growing demand in...

Posted by Wayne Grayson on Apr 29, 2014

This morning, Cummins reported sizable increases in both sales and profits during the first quarter and raised its forecast for ...

Sales jump boosts Volvo CE operating income 29% in 1Q

Sales jump boosts Volvo CE operating income 29% in 1Q

Posted by Wayne Grayson on Apr 25, 2014

Following a tough 2013, Volvo Construction Equipment saw a positive start to 2014, reporting a growth in sales and a ...

Republican Senators turn tables on investigation in vocal defense of Caterpillar during tax hearing

Republican Senators turn tables on investigation in...

Posted by Wayne Grayson on Apr 01, 2014

Though a U.S. Senate report written by Michigan Democrat Sen. Carl Levin concluded that Caterpillar had done nothing illegal in ...

Caterpillar to defend tax strategy before U.S. Senate today, will likely receive support from John McCain

Caterpillar to defend tax strategy before U.S. Senate...

Posted by Wayne Grayson on Mar 31, 2014

Caterpillar has confirmed an earlier report by saying it is scheduled to testify in a U.S. Senate hearing on whether ...

Wacker Neuson achieves revenue, profit goals for 2013, expects to continue growth in 2014

Wacker Neuson achieves revenue, profit goals for 2013,...

Posted by Marcia Gruver Doyle on Mar 31, 2014

Releasing 2013 financial results, German manufacturer Wacker Neuson says its group revenue rose 6 percent to just under $1.6 billion ...

Report: Senate panel investigating Caterpillar for avoiding taxes

Report: Senate panel investigating Caterpillar for...

Posted by Wayne Grayson on Mar 27, 2014

A U.S. Senate panel that has investigated Microsoft, Hewlett-Packard and Apple for avoiding paying federal taxes has now turned its ...

OEMs used ConExpo to preview what will be the most revolutionary decade in the history of heavy equipment and truck technology

OEMs used ConExpo to preview what will be the most...

Posted by Tom Jackson on Mar 24, 2014

As ConExpos go, the 2014 show was a welcome shot of enthusiasm for the construction industry. But it was a ...

Much improved 4Q and stronger 2013 sales push Terex to “a good year”

Much improved 4Q and stronger 2013 sales push Terex to...

Posted by Marcia Gruver Doyle on Feb 19, 2014

Releasing fourth quarter and full year results today, Terex said it had net sales of $7.1 billion during 2013, up ...

Caterpillar opens $14.8 million expansion to large engine plant in Mississippi

Caterpillar opens $14.8 million expansion to large...

Posted by Wayne Grayson on Feb 18, 2014

This past weekend, Caterpillar held a ribbon-cutting ceremony for the opening of a $14.8 million expansion at its large engine ...

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