Deutz

Deutz signed a supply agreement with TAFE for up to 30,000 2.2- and 2.9-litre compact engines. Using the expertise of Interact Analysis, we delved into the details of this agreement and Deutz’s Dual+ strategy. Read the full story in the November issue of Powertrain International.

Deutz can feel the effects of the ongoing fall in demand caused by the economic headwinds but remains profitable. This can be seen from the results published today for the first three quarters of 2024.

At its Capital Markets Day in Cologne, Deutz presented an update of its Dual+ strategy and announced a cost-cutting program to counter the cyclically-induced decline in demand.

From today’s perspective, Deutz now expects unit sales for the full year to be below 150,000 engines (forecast from August 2024: maximum of 160,000 engines).

We show you the first pictures of what we saw on the Deutz stand at InnoTrans in Berlin

Deutz is presenting its latest developments in the field of sustainable drive technologies at the InnoTrans in Berlin. Oliver Neu, currently Senior Vice President Finance & Controlling, has been appointed as the new Chief Financial Officer and Labour Director.