Cummins Announces Multiyear Agreement with Chrysler Group LLC

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Ceres Media	LSE:CMI	London	Ordinary Share	GB00B57QBG80	ORD 0.01P

Share Name

Share Symbol

Market

Type

Share ISIN

Share Description

Ceres Media

LSE:CMI

London

Ordinary Share

GB00B57QBG80

ORD 0.01P

Price Change

% Change

Share Price

Bid Price

Offer Price

High Price

Low Price

Open Price

Shares Traded

Last Trade

0.00

0.00%

0.09

0.00

01:00:00

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
	0	0		N/A	0

Industry Sector

Turnover

Profit

EPS - Basic

PE Ratio

Market Cap

N/A

Cummins Announces Multiyear Agreement with Chrysler Group LLC

03/02/2010 3:00pm

PR Newswire (US)

Ceres Media (LSE:CMI)
Historical Stock Chart

From May 2019 to May 2024

COLUMBUS, Ind., Feb. 3 /PRNewswire-FirstCall/ -- Cummins Inc. (NYSE:CMI) today announced a multiyear extension of its current agreement with Chrysler Group LLC. Cummins will supply 6.7-liter Turbo Diesel engines for Ram Heavy Duty pickups and Chassis Cab trucks while continuing to grow its partnership with Chrysler, which began 21 years ago. (Photo: http://www.newscom.com/cgi-bin/prnh/20100203/CL48911) Cummins has produced over 1.7 million Cummins Turbo Diesel engines for Dodge Ram Heavy Duty trucks since 1989. Today, over 80 percent of Ram Heavy Duty truck customers purchase their truck with the legendary Cummins Turbo Diesel. The first Cummins Turbo Diesel was used in the 1989 Dodge Ram, with projected sales of less than 5,000 engines. Actual sales exceeded 20,000 engines in the first year, signaling to the market that a powerful new combination had been created. The first Cummins Turbo Diesel was a 5.9-liter at 160 hp (119 kW) and 400 lb-ft (542 N.m) of torque. Today's 6.7-liter Turbo Diesel delivers 350 hp (261 kW) and 650 lb-ft (881 N.m) of torque. This 118 percent increase in horsepower and 86 percent increase in torque have been achieved while also reducing exhaust emissions by 90 percent. In 2007, Dodge and Cummins produced the cleanest heavy-duty diesel pickup in the market by meeting U.S. Environmental Protection Agency (EPA) 2010 emissions levels a full three years in advance. "Cummins and Chrysler have a long and important history together," said Dave Crompton, VP and General Manager, MidRange Engine Business. "The Chrysler business continues to be a key part of our MidRange engine business. Cummins is proud to supply engines for the award-winning Ram Heavy Duty and to continue working with Chrysler to develop best-in-class products that customers can trust and depend on now and in the future." About Cummins Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Headquartered in Columbus, Indiana, (USA) Cummins serves customers in approximately 190 countries and territories through a network of more than 500 company-owned and independent distributor locations and approximately 5,200 dealer locations. Cummins reported net income of $428 million on sales of $10.8 billion in 2009. Press releases can be found on the Web at http://www.cummins.com/ or everytime.cummins.com. http://www.newscom.com/cgi-bin/prnh/20100203/CL48911 DATASOURCE: Cummins Inc. CONTACT: Sena Adekpuitor, Cummins Inc., 1-812-377-5042, Web Site: http://www.cummins.com/

Market Data

News

Trading Tools

Markets

Discover

Hot Features

Follow Feed

Options Flow

Monitor

CMI Ceres Media