News

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.

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 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.

Rolls-Royce Power Systems achieved record sales, profit and return on sales in the financial year 2024. The highest order intake was recorded for mtu solutions for energy supply and for the government business.

Sylvain Blaise, President of Iveco Group’s Powertrain Business Unit, made a special celebration at the Bourbon-Lancy plant in France with all the employees presenting a plaque recognizing the success of the FPT Industrial XCursor 13 engine.

Yanmar announced the establishment of Yanmar Arabia, further solidifying its long-standing presence in the Kingdom of Saudi Arabia. With over 55 years of collaboration through its distributor, Abdullah Hashim Co. Ltd., Yanmar has been a trusted name in delivering high-performance engines and powertr...

Swedish EV battery maker Northvolt has sold its industrial battery pack division to long-term partner Scania. Indeed, Scania has been cooperating with Northvolt for quite a long time, with Scania people recently helping out Northvolt by spending time at the Swedish production plant.

Hitachi will be present at Bauma 2025 with a range of ten new electrified excavators with operating weights ranging from 1.7 to 14 tonnes.The new machines were developed together with KTEG, as part of the EAC joint venture, and Dimaag AI.

According to the latest report by Jamie Fox, principal Analyst at Interact Analysis, permanent magnet motors are expected to reach a 52% share of off-highway motor revenue by 2027, before increasing to 63% in 2030. Total revenue for permanent magnet motors was $84 million in 2023, which is expected ...

SAME inaugurated in May 2024 a plant in Turkey also committed to FARMotion engines