TRUCKMAKERS' NEWS * USA - Paccar's fuel-saving hybrid trucks
Kenworth Truck, a subsidiary of Paccar, plans to begin full production of its T270 and T370 hybrid trucks in early September
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* Cummins’ Profits Rise as Engine Demand Recovers
USA -Transport Topìcs -30 July 2008: -- Engine manufacturer Cummins Inc., said that its second-quarter profits rose to a record as overseas demand bolstered a recovering North American truck-engine market... Cummins said it earned $293 million, or $1.49 a share, in the quarter ended June 29, on sales of $3.89 billion, a 16% gain compared with the 2007 quarter... Total sales of heavy-duty truck engines in the second quarter rose to $672 million from $473 million a year ago, Cummins said in its latest earnings report. The company shipped 31,700 heavy-duty engines in the second quarter, up from 23,800 a year ago... Notwithstanding soaring fuel prices and a weak U.S. economy, Cummins said that demand for heavy-duty truck engines in North America improved from year-ago levels, when the 2007 federal emission regulations “led to sharply lower demand"...
Labels: truckmakers' news USA
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