Industry News
Moves consistent with company’s “Charging Forward” electrification strategy
Chief executive said company has no immediate plans for full exit
Another move to strengthen specialty power electronics, high-voltage eFan capabilities
Comer Industries announced the acquisition of Benevelli Electric Powertrain Solutions and Sitem Motori Elettrici.
North American transportation industry investing in new powertrain initiatives, vehicles despite weaker economic outlook
Transaction by Meritor subsidiary expected to accelerate development of electrified power solutions
The new utlity vehicle will be targeted at agriculture, forestry and mining industries
Collaboration between Cummins, Elevāt and STW Technic to bring whole machine IoT and telematics capability to Versatile ag tractors starting in 2024
Third quarter of the year sees 3.5% increase in units shipped compared to last quarter
500,000th small diesel engine produced at Incheon, Korea, facility
Company to turn Arizona proving ground into “mine of the future”
Single digit increases forecast for the U.S. and Canada
Swedish giant to blend face-to-face and virtual exhibits for a post-pandemic audience
Will supply 8000 engines to Italian equipment manufacturer Goldoni Keestrack
Agreement to cover development of hydrogen engines and fuel cells, BEVs for Indian commercial vehicle market
European market remains strong, accounting for 76% of sales
Following a 12-year partnership, JLG’s parent company to purchase Italy based access equipment manufacturer
Strategic collaboration will work to substantiate safety of self-driving trucks using TNO’s StreetWise methodology
Ahern acquisition will cost United US$2 billion
Following an uptick in Q3 sales, Skyjack looks to expand manufacturing in Mexico, debuts new tech