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Aug 26, 2008

TRUCKS ENGINE MANUFACTURERS * USA - Cummins Adds to Market Share in 2008 as Caterpillar’s Engine Sales Decline

USA -Transport Topics, by Frederick Kiel -25 August 2008: -- Independent engine manufacturer Cummins Inc. continued increasing its market share in heavy-duty engines during the first half of 2008, while sales by competitor Caterpillar Inc. dwindled, WardsAuto.com reported... Cummins sold 40,329 Class 8 engines in the year’s first six months, accounting for a little more than 40% of the market, up from 32% in roughly the same period last year. Meanwhile, Caterpillar Inc., which last year lost its eight-year hold as the top independent truck-engine supplier, sold 11,906 units for a 12% market share, down from about 20%...

By truck manufacturer

* Daimler-owned Freightliner Trucks bought most of its heavy-duty engines so far this year from Daimler subsidiaries — 53.3% from Detroit Diesel and 25.8% from Mercedes, but also 14.2% from Cummins and 6.7% from Caterpillar, Ward’s reported...

* International Trucks, 54.7% of engines were Cummins, 40.3% Navistar and 5% Caterpillar, Ward’s said...

* Kenworth, 72.3% of buyers chose Cummins and 27.7% of buyers picked Caterpillar...

* Peterbilt, 69.8% were Cummins engines and 30.2%, Caterpillar...

* Mack Trucks come only with Mack engines, while for Volvo, 56.6% of buyers selected Volvo engines and 43.4% picked Cummins...

* The two other Daimler subsidiaries, 39.2% of Sterling Trucks buyers selected Mercedes; 31% Cummins; 15.8% Detroit Diesel and 14% Caterpillar; while 39% of Western Star engines were Detroit Diesels; 36.4% were Caterpillars; 23% used Mercedes; and 1.6% had Cummins engines...

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