Komatsu Profit Rises on Construction Equipment Sales

Komatsu Ltd., the world’s second-biggest maker of construction equipment, said third-quarter profit rose 5.5 percent, aided by sales in North America and a weaker yen. Net income rose to 38.5 billion yen ($326 million) in the three months ended Dec. 31 from 36.5 billion yen a year earlier, the Tokyo-based company said today in a […]

Strong truck demand in March drove U.S. auto sales to their highest monthly total.

DETROIT (AP) — America is getting back to work, and it needs pickup trucks. Strong truck demand in March drove U.S. auto sales to their highest monthly total since August 2007, as everyone from oil and gas producers to local home builders raced to replace the aging trucks they held onto during the recession. Overall […]