News

Dana announced the appointment of R. Bruce McDonald as Chairman and Chief Executive Officer, effective immediately. Mr. McDonald’s appointment follows the retirement of James Kamsickas as CEO. Dana also announced its intention to sell the Off-Highway business.

“We achieved strong sales and profitability in the third quarter, led by improvement in our Power Systems and Distribution businesses, and have adjusted our full year projection for EBITDA percentage to be at the top end of the prior range,” said Jennifer Rumsey, Chair and CEO of Cummins.

“Amid significant market challenges this year, we proactively adjusted our business operations to better align with the current environment,” said John May, chairman and CEO of Deere & Company. “Together with the structural improvements made over the past several years, these adjustments enable us t...

"I believe BorgWarner’s world-class product portfolio, innovative and customer-centric culture, and strong operating model position the company well to drive favorable business results for many years", commented current BorgWarner's COO, Joseph Fadool.

Cummins launched Project Unity, a collaborative effort with Holtex and the University of Manchester to develop an advanced digital tool aimed at improving the design and durability of components used in hydrogen-fuelled powertrains.

MathWorks and NXP Semiconductors N.V. announced the availability of the Model-Based Design Toolbox (MBDT) for Battery Management Systems (BMS). The toolbox simplifies the design, testing, and deployment of BMS algorithms on NXP processors, streamlining the path from concept to market-ready solutions...