partnership

According to the terms of a supply agreement signed by Cummins and Hyundai Construction Equipment (HCE), the US engine manufacturer has become the single engine supplier for displacements ranging from 3.8 to 12 liters. In terms of engine models, the agreement covers the Performance Series range, the...

Rolls-Royce and Svitzer have recently signed a 10-year service agreement for Preventive spare parts supply in six countries for 17 tugs powered by MTU Series 4000 units. According to the agreement, which has been named Global Frame Value Care Agreement (VCA), the cost of maintenance services is bein...

MTU and Claas have been working closely together for more than two decades. Back in March 2018, the MTU Series 1000, 1100, 1300 and 1500 engines were awarded certificates for compliance with EU Stage V emissions standard. The groundwork leading up to certification lay in some 110,000 hours of field ...

FPT Industrial in the US. The Italian multinational engine manufacturer has a new distribution partner for Southeastern United States. A partnership has been recently announced with Kraft Power, a leading distributor and service provider for diesel engines whose headquarters are in Woburn, Massachus...

Rolls-Royce to take majority holding in power storage specialist Qinous. Back in October 2018, Rolls-Royce had acquired a 19.9 percent stake in Qinous, a Berlin-based electricity storage specialist. Now, the process went on with a further relevant step and, since 15 January 2020, the share increased...

Volvo and Isuzu: a strategic alliance. Formally, what the two companies have signed is called a non-binding Memorandum of Understanding. It is the first step of a promising technology partnership aimed at creating a stronger, combined heavy-duty truck business for Isuzu Motors and UD Trucks in Japan...