Caterpillar happy 100 th birthday
Celebrating Caterpillar's Centennial and ‘The Next 100 Years’ at bauma, where ICE, BESS, electrified machines and a hydrogen engine were also on display
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Deutz to purchase UMS
Deutz acquires Dutch company Urban Mobility Systems (UMS), involved in the field of battery-electric drives for off-highway applications
FPT Industrial expands its presence with Swedish distributor Power House AB
FPT Industrial continues to expand its commercial network in EMEA region. The latest step in this ambitious direction is the appointment of Power House AB as the new official FPT Industrial distributor for the Swedish market.
Deutz celebrates 125 years on the stock market
After celebrating its 160th company anniversary in 2024, the Cologne-based engine manufacturer has reached another milestone in its history with its stock market anniversary. Deutz has been listed on the Frankfurt Stock Exchange since 1900.
2024 results: Deutz holds its own in a difficult environment
With revenue down by 12.1% to €1,813.7 million, Deutz achieved adjusted earnings (EBIT before exceptional items) of €76.7 million. This corresponds to an adjusted EBIT margin of 4.2%.
Rolls-Royce supplies two mtu gensets for the European Commission
Rolls-Royce has won the order to supply two mtu Series 4000 generator sets to provide emergency backup power for the European Commission in Luxembourg. The two gensets, each with a maximum output of 2,640 kVA, were installed by Rolls-Royce partner Energolux.
Highlights
Moteurs Baudouin to showcase world’s most powerful 6+ MVA genset at Middle East Energy 2025
In a world premiere at Middle East Energy 2025, Moteurs Baudouin will introduce the highest-rated genset available for critical backup power, unprecedented power rating exceeding 6 MVA.
Dellorto two-track strategy
The two-track strategy allows the Dellorto group to extend and customise its expertise in EGR, throttle bodies, power units, BMS and batteries from motorbikes to off-highway applications with long-life requirements
HD Hyundai Infracore from G2 compact engines to DOTY 2025 DX Series
Hyundai G2 and DX. Doosan Infracore’s G2 series made its first DIESEL International cover at bauma 2013. Twelve years after, at bauma 2025, DIESEL has since become POWERTRAIN and Doosan has become HD Hyundai Infracore.
The DX series, crowned DotY 2025, marks a new milestone. But what does it have
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Carraro and the challenge of Mumbai Stock Exchange
The Carraro Group continues its growing path: 31.2% of its subsidiary Carraro India was placed on the Mumbai Stock Exchange
The amazing alchemy between hydrogen, Dumarey and the Politecnico di Torino
Dumarey Automotive Italia inaugurated a dynamic engine development test room co-shared with the Politecnico di Torino
Markus Müller will leave Deutz to head EMEA business of CNH
Chief Technology and Sales Officer Markus Müller is leaving Deutz to head CNH’s European, Middle Eastern and African (EMEA) operations. His responsibilities will be temporarily taken over by the remaining board members.
Daniel Winter is the new President of Danfoss Power Solutions
Daniel Winter has been named president of Danfoss Power Solutions. He succeeds Eric Alström who, after 12 years with Danfoss, has decided to seek new challenges outside the company.
Daimler Truck North America announces investment to upgrade an ICE plant in Detroit
Daimler Truck North America LLC (DTNA) announced its intent to make significant investments in its Detroit Manufacturing Plant located in Redford Township, near Detroit. The company’s plans include a reinvestment in the Internal Combustion Engine (ICE) platform and an enhancement of Research and Dev...
Aramco completes acquisition of stake in Horse Powertrain
Following the signing of definitive agreements in June, Aramco has completed its acquisition of a 10% equity stake in Horse Powertrain. Renault Group and Geely each retain a 45% equity stake. Aramco’s investment is expected to accelerate Horse Powertrain’s efforts to develop next-generation ICE and ...
Scania appoints Do Young Kim as Chief Financial Officer
Do Young Kim, currently CFO for International, has been appointed as the new Chief Financial Officer for Scania Group and a member of the Executive Board, reporting to CEO Christian Levin. He is due to assume the position on 1 February 2025.
Carlos Tavares is no longer the CEO of Stellantis
Carlos Tavares resigned as Stellantis Chief Executive Officer.
An Interim Executive Committee chaired by John Elkann will appoint a new CEO in the first half of 2025
Dana appoints new Chairman and CEO and plans to sell Off-Highway business
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.
Cummins reports strong third quarter 2024 results
“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.
