Cummins Posts Higher 3Q Profit, Trims 2011 Outlook
Cummins Inc. said Tuesday its third-quarter profit rose 60% from a year ago, but the engine maker trimmed its full-year revenue outlook due to “uncertainty around the macro-economic environment.”
October 25, 2011Philadelphia Manufacturing Index Rises
Manufacturing activity in the Philadelphia region increased in October, the Federal Reserve Bank of Philadelphia said Thursday.
October 20, 2011Daimler Will Protect Employees’ Jobs Through 2016
Daimler AG has pledged to protect the jobs of its permanent employees through 2016, Bloomberg reported Wednesday.
October 5, 2011ISM Manufacturing Index Rises
U.S. manufacturing activity rose in September, showing continued expansion for the 26th consecutive month, the Institute for Supply Management said Monday.
October 3, 2011Daimler, Chinese Firm Gain OK For Truck-Making Joint Venture
Daimler AG and a large Chinese truck maker have received Chinese government approval for their joint venture to build medium- and heavy-duty trucks and engines for the domestic market and for export.
October 3, 2011N.Y. Manufacturing Index Contracts for Fourth Month
Manufacturing activity in the New York region contracted in September for the fourth straight month, the Federal Reserve Bank of New York said Thursday.
September 15, 2011ISM Manufacturing Index Slips but Shows Continued Expansion
U.S. manufacturing activity dipped in August, but continued to show expansion for the 25th consecutive month, the Institute for Supply Management said Thursday.
September 1, 2011Freightliner Faces Shortages Of Many Parts, Exec Says
NAPA, Calif. — North America’s largest heavy-duty truck maker is struggling to find the parts necessary to build all the trucks it has agreed to supply to fleets during 2011, and has had to turn down “thousands” of orders, according to a senior company official.
August 22, 2011Cummins’ Market Share Slips As In-House Engine Use Rises
Cummins Inc. remained the top U.S. heavy-duty engine builder in the first half of this year, but its market share dropped by more than 6% from the comparable period of 2010 as truck manufacturers placed more of their in-house power plants in their new vehicles.
August 22, 2011OEMs Detail Design Innovations To Meet New Greenhouse Rules
Truck and engine makers last week outlined some of the engineering innovations they will have to develop and put onto highways over the next six years to meet recently unveiled federal heavy-truck greenhouse-gas regulations.
August 22, 2011