Accelera Powers North America’s First Green Hydrogen Passenger Train

COLUMBUS, Ind.–(BUSINESS WIRE)–Accelera™ by Cummins, the zero-emission business segment of Cummins Inc. (NYSE: CMI), is powering North America’s first hydrogen passenger train, marking a major milestone and significant step forward in the transition to clean urban transportation in the Americas. The train, the Coradia iLint, is manufactured by Alstom, the global green and smart mobility… Continue reading Accelera Powers North America’s First Green Hydrogen Passenger Train

Cummins Reports Strong Second Quarter 2023 Results

COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) today reported results for the second quarter of 2023. Second quarter revenues of $8.6 billion increased 31 percent from the same quarter in 2022. Sales in North America increased 31 percent and international revenues increased 32 percent due to the addition of Meritor and strong demand across most global… Continue reading Cummins Reports Strong Second Quarter 2023 Results

Allison Transmission Announces Second Quarter 2023 Results

INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN), today reported second quarter net sales of $783 million, an 18 percent increase from the same period in 2022 and diluted EPS of $1.92, a 52 percent increase from the same period in 2022. David S. Graziosi, Chairman and Chief Executive Officer of Allison Transmission commented, “We are… Continue reading Allison Transmission Announces Second Quarter 2023 Results

Valmet Automotive again ranked within the top 100 global automotive suppliers

Compared to last year, Valmet Automotive has lost 14 places and is now in 100th place. This comes not as a surprise. The performance is mainly due to the scheduled end of production of the Mercedes-Benz GLC in mid-2022. The model, which was produced at the Uusikaupunki plant alongside with the Mercedes-Benz A-Class, has been… Continue reading Valmet Automotive again ranked within the top 100 global automotive suppliers

Allison Transmission and Team Lynx Win Contract for Next Phases of U.S. Army’s Optionally Manned Fighting Vehicle Program

INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles, will provide the Allison eGen ForceTM electric hybrid system for American Rheinmetall Vehicles’ (ARV) Team Lynx prototype. Team Lynx, led by ARV, was recently selected for Phases 3 and 4 in the U.S.… Continue reading Allison Transmission and Team Lynx Win Contract for Next Phases of U.S. Army’s Optionally Manned Fighting Vehicle Program

Accelera and Blue Bird Unveil Next-Generation Electric School Bus

COLUMBUS, Ind.–(BUSINESS WIRE)–Accelera™ by Cummins, the zero-emissions business segment of Cummins Inc. (NYSE: CMI), and Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, recently premiered the next-generation Vision electric school bus at STN Expo West in Reno, Nevada, a leading student transportation industry and technology event in North America. The… Continue reading Accelera and Blue Bird Unveil Next-Generation Electric School Bus

IndyGo Partners with Allison Transmission to Expand Electric Hybrid Fleet in Indianapolis

INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission is pleased to announce that the Indianapolis Public Transportation Corporation (IndyGo) is applying its recent $19 million grant from the Federal Transit Administration’s (FTA) 2023 Low or No Emission and Grants for Buses and Bus Facilities Competitive Programs toward expanding its fleet of 40-foot GILLIG buses equipped with the Allison eGen Flex™… Continue reading IndyGo Partners with Allison Transmission to Expand Electric Hybrid Fleet in Indianapolis

Grammer provides top ergonomics to retrofit: Roadtiger for MAN TGX and TGA

Grammer seat Roadtiger now available for MAN models TGX and TGA  Top ergonomics certified by TÜV Rheinland, excellent product design  Luxury, Comfort and Standard versions can be quickly installed and are ideal for demanding applications Grammer AG, July 13, 2023 – Maximum comfort, the best ergonomics and intuitive operation – in the tough day-to-day work… Continue reading Grammer provides top ergonomics to retrofit: Roadtiger for MAN TGX and TGA

Jennifer Rumsey Named Chair of the Cummins Board of Directors Following Retirement of Tom Linebarger

COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) announced today its Board of Directors has unanimously elected Cummins President and Chief Executive Officer (CEO) Jennifer Rumsey to Chair of the company’s Board of Directors, effective August 1, 2023. Rumsey succeeds Tom Linebarger, who is retiring from both of his Cummins positions as Executive Chairman and Chairman of… Continue reading Jennifer Rumsey Named Chair of the Cummins Board of Directors Following Retirement of Tom Linebarger

Revenue and earnings development in the second quarter of 2023 significantly above the previous year’s level

Release of inside information pursuant to Article 17 of Regulation (EU) No. 596/2014GRAMMER AG (WKN 589540, ISIN DE0005895403) GRAMMER AG: Revenue and earnings development in the second quarter of 2023 significantly above the previous year’s level Ursensollen, July 12, 2023 – Based on preliminary figures, GRAMMER AG’s revenue and earnings performance in the second quarter… Continue reading Revenue and earnings development in the second quarter of 2023 significantly above the previous year’s level