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Case 85 Shyft Group

In: Rising Stars

Author

Listed:
  • B. Rajesh Kumar

    (Institute of Management Technology)

Abstract

Shyft is a US-based niche market leader in speciality vehicle manufacturing and assembly for the commercial vehicle and recreational vehicle industries. The products offered by the company include walk-in vans, truck bodies, cargo vans, pickup truck upfits which are used in e-commerce/parcel delivery, etc. Products such as upfit equipment which are used in the mobile, retail, and utility trades are offered by the company. The company also offers contract manufacturing and assembly services. Shyft also supplies replacement parts and offers repair, maintenance, field service, and refurbishment services for the vehicles manufactured by the company. The operating activities are conducted through wholly owned operating subsidiary, The Shyft Group, USA. The vehicles, parts, and services of the company are targeted for commercial users, original equipment manufacturers (OEMs), dealers, and government institutions. This innovative organization consists of nine brands in the last mile delivery and other specialty vocations which focus on building chassis and bodies and offers upfit services. The total monthly cumulative return for Shyft was 127% compared to the total monthly cumulative return of 61% for market index Nasdaq Composite during the period June 2018 to May 2023.

Suggested Citation

  • B. Rajesh Kumar, 2024. "Case 85 Shyft Group," Management for Professionals, in: Rising Stars, pages 615-622, Springer.
    • Handle: RePEc:spr:mgmchp:978-3-031-50032-9_85
    DOI: 10.1007/978-3-031-50032-9_85
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