Cummins ends joint
diesel engine venture
Jul 28, 2008 9:59 AM
The arrangement, known as the European Engine Alliance, was established in 1996 among Cummins and Iveco and New Holland (now CNH Global) to develop new 4-, 5-, and 6-liter diesel engines. It has produced more than 2.7 million mid-range engines.
Meanwhile, Cummins is purchasing CNH’s equity stake (50%) in Consolidated Diesel Company (CDC). Whitakers NC-based CDC manufactures diesel, propane, natural gas, and gasoline engines.
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