REDFORD, Mich. — Daimler Trucks North America said it will invest $120 million and add 115 union jobs to create two new assembly lines to make transmissions and turbochargers at its Detroit brand diesel engine plant.
December 17, 2012engine
Business, Equipment
Class 8 Engine Sales Dive 21%
Class 8 engine installations in North America plummeted during the first half of 2013, dropping 21.2% to 119,057, WardsAuto.com reported.
August 12, 2013 Business, Equipment
Cummins Boosting Dividend 25%
Engine maker Cummins Inc. said it is boosting its quarterly dividend 25%, reflecting its “confidence in the long-term prospects for the company.”
July 10, 2013 Special Coverage, Business, Equipment
Cummins Sees ‘SuperTruck’ Payoff by End of Decade
LOUISVILLE, Ky. — Independent engine maker Cummins Inc. said it is introducing its “SuperTruck” research done in conjunction with Paccar Inc. into commercial production between now and the end of this decade, with much of it expected in 2016 or 2017, when the federal government is scheduled to tighten its standards for truck engine fuel economy.
March 19, 2013 Business, Equipment
Cummins, Eaton Unveil Heavy-Duty Powertrain Package
Engine maker Cummins Inc. and component manufacturer Eaton Corp. unveiled a new powertrain package for the North American heavy-duty truck market that they said will boost fuel economy by 3% to 6%.
March 11, 2013 Business, Equipment
Cummins Revises Down Its 4Q, Full-Year Earnings
Engine maker Cummins Inc. said Wednesday it has revised its previously announced fourth-quarter and full-year 2012 operating results down by $20 million, with net income reduced by $12 million, or 7 cents per share.
February 20, 2013 Business, Equipment
Cummins Adds Market Share as Navistar, Paccar Decline
Independent engine maker Cummins Inc. extended its lead as the primary supplier to the North American heavy-duty diesel truck market last year, growing its market share to 40.4%, from 39.1% in 2011, WardsAuto.com reported.
February 11, 2013 Business, Equipment
Cummins’ 4Q Income Declines
Cummins Inc.’s fourth-quarter operating profit and sales fell on weaker North American trucking and construction markets, the engine maker said Wednesday.
February 6, 2013 Business, Equipment
Revamped Cummins ISX 15 Engine First to Be EPA-Certified for 2014
Cummins Inc. said it has received federal certification that its new 15-liter engine meets the coming 2014 greenhouse-gas standards, the latest sign that North America’s heavy-duty truck and engine makers are making headway in preparing for the new rule.
October 8, 2012 Business, Equipment
Cummins Receives 2014 Fuel-Efficiency Certification from EPA
Cummins Inc. has received the first Environmental Protection Agency certification for meeting 2014 fuel efficiency and greenhouse gas rules, the engine maker said Monday.
October 1, 2012