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Market Summaries

News
Spartan Motors, a supplier of chassis for the RV industry, today reported operating results for the first quarter ending March 31.
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Horizon Global, parent company of the Cequent family of brands, reported that company revenue grew 39 percent during the first quarter of 2017, and the company remains positive regarding its outlook and has increased earnings per share guidance for the full year 2017.
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Cummins reported results for the first quarter of 2017 showing revenues of $4.6 billion increased 7 percent from the same quarter in 2016.
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Net sales for the first quarter of 2017 increased $66.8 million or 24 percent, to $345.4 million from $278.6 million in the same quarter of 2016.
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LKQ Corporation reported record revenue for the first quarter of 2017 of $2.34 billion, an increase of 21.9 percent as compared to $1.92 billion in the first quarter of 2016.
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Monthly shipments reached 47,579 units, an increase of 20.7 percent over the February monthly total and of 16.8 percent over the March 2016 tally of 40,740 units.
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Crane Co., parent group of materials supplier Crane Composites, reported first quarter 2017 earnings of $1.05 per diluted share, compared to $0.93 per share in the first quarter of 2016.
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The latest Black Book RV Market commentary has been released, and it shows that auction volume went up substantially: motorized increased 13 percent and towables jumped 19 percent. 
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Research Corridor recently added new report titled “RV Battery Market: Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast, 2015 to 2022” to its repertoire.

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