cummins

Cummins and Otokar are celebrating a 16-year long partnership which has seen the delivery of more than 20,000 engines for bus and coach applications. The occasion was marked with the presentation of a celebratory plaque to Otokar from the Cummins team at its engine plant in Darlington, UK. Cummins c...

Jennifer Rumsey is going to take the role of President and CEO of Cummins starting 1st August 2022. Currently she hold the position of President and Chief Operating Officer (COO). She’ll replace Tom Linebarger, who will continue to serve as Chairman of the Board and Executive Chairman. Jennife...

Meritor announces it has found an agreement with Siemens to acquire its Commercial Vehicles Electric Propulsion business. Meritor was in turn acquired by Cummins earlier this year, will pay about 190 million euro in cash, adjusted for changes in working capital at closing. It is worth mentioning tha...

Cummins is expanding its powertrain platforms, leveraging a range of lower carbon fuel types. As the industry’s first unified, fuel-agnostic engines, these platforms will use engine blocks and core components that share common architectures and will be optimized for different low-carbon fuel types. ...

Cummins is going to take over Meritor. The first is willing to pay $36.50 in cash per Meritor share, for a total transaction value of approximately $3.7 billion, including assumed debt and net of acquired cash. Headquartered in Troy, Meritor is a primary brand when it comes to drivetrain, mobility, ...

Cummins released its 2021 financial results, according to which the Group’s revenues were higher by 21 percent compared to the previous year, with the latter strongly affected by the pandemic outburst. More into details, revenues for the full year reached 24 billion dollars (21.5 billion euros), wit...