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Analyst Opinion on Navistar Intl. Corp. and PACCAR Inc. - Tough Times for Truck Makers
LONDON, Nov 09, 2012 (MARKETWIRE via COMTEX) --
Weak orders and sales in the U.S. and Europe continue to portend a
bleak near-term for the trucking industry. The challenge now for the
industry, which includes companies like Navistar International
Corporation and PACCAR Inc., appears to be less about generating
demand and growing sales and more about cutting costs and contending
with current conditions.
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Several companies have opted for modest steps and are reducing
expenses and cutting costs wherever possible. Some are adopting
stronger measures by dialing back production to better handle
difficult economic conditions and soft demand. Others have taken even
more drastic actions and are shutting down some manufacturing
facilities completely and slashing large amounts of jobs. Analyst
opinion on Navistar International Corporation accessible for free at
http://www.wallstreetactive.com/NAV09November12.pdf
There is some optimism for the industry though, as orders in Canada
and the U.S. are expected to pick up moderately. Additionally, truck
manufacturers ramping up operations in emerging markets may be better
positioned to handle this challenging landscape. Specifically,
efforts to grow in Brazil, India and China are beginning to yield
some positive returns. See what our analysts have to say on PACCAR
Inc. Follow the Link below
http://www.wallstreetactive.com/PCAR09November12.pdf
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