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
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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.
John Deere results: income of $1.245 billion for fourth quarter
“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...
BorgWarner will have a new CEO from February 2025
"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 wins funding from the UK Government for Project Unity
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.
Highlights
AS Labruna launches the HEVOlution range of hybrid generators
The first model in the range, HEVOlution 80-37, made its world debut at the Metstrade in Amsterdam, the most prestigious international trade fair for nautical components, representing a decisive step towards innovative and environmentally friendly energy solutions.
Diesel of the Year 2025: dawn of the Hyundai DX05 & DX08
The Korean star is also reflected in the Diesel of the Year. South Korea is in the empire of industrial powers, cinema in the author anthology, K-pop in the playlist of teenagers. The 2025 edition is about Hyundai Infracore DX, 4- and 6-cylinder modular (BxS 110x132 mm), which have what it takes to ...
Alternative Engine Award: FPT under the sign of multi-fuel
An award that seems tailor-made for the XC13 by FPT Industrial. It is the Alternative Engine Award. The 13-litre has always been the star of the Cursor family and in the new X version it has been applied since its birth to IVECO trucks and, in the hydrogen version, has been on the ski slopes for thr...
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Rolls-Royce develops solutions for future submarines
A significantly more powerful mtu submarine charging unit and mtu NautIQ automation systems for underwater ship control are currently on display at the Euronaval naval exhibition (Paris, 4-7 November), underlining Rolls-Royce’s role as a solutions provider in this special area of shipbuilding.
ZAPI GROUP and UBIQUICOM
ZAPI GROUP announces acquisition of UBIQUICOM, leader in real-time locating systems. The transaction expands the group’s leadership in material handling automation.
[GlobalData] Energy storage solutions drive net-zero transition
Saurabh Daga, Project Manager of Disruptive Tech at GlobalData, comments: “Energy storage technologies are emerging as a cornerstone for the global shift to renewables, addressing critical challenges of intermittency and grid stability.
Rehlko’s firstborn is called Command PRO 888
The very first Rehlko engine was officially launched. It is a petrol engine and is a candidate for the
turf in the United States and around the world. It is spelled 888 and pronounced 888 cubic centimetres.
Accelera opens electrolyzer factory in Spain
Accelera by Cummins, the zero-emissions business segment of Cummins, celebrated the opening of its new electrolyzer manufacturing plant in Guadalajara, Castilla-La Mancha, Spain. The sustainably designed facility is expected to create 150 highly skilled jobs in the region.
Horiba India and Dumarey Group sign MoU for the development of ICEs
Horiba India, a subsidiary of The Japanese conglomerate Horiba, and Dumarey Group joined hands for engineering consultancy on design and development of Internal Combustion Engines (including hydrogen-powered applications, both dual fuel and 100% H2), transmissions and electrical vehicles for the Ind...
Moteurs Baudouin launches dedicated power gensets for data centers in Europe
Moteurs Baudouin announced the launch of its innovative product line: dedicated power gensets for data centers. With capabilities of powering up to 5250 kVA, these state-of-the-art generators are designed to meet the growing demands for reliable back-up power solutions in Europe’s data center market...
Himoinsa HGY and the ‘wow’ effect
HIMOINSA launched in Madrid HGY Series. Powered by Yanmar the generators deliver up to 3500kVA with Yanmar engine for critical power supply
Twin MAN 175D engines power world’s largest sportfish yacht
Florian Keiler, Head of High-Speed Sales, Four-Stroke Marine, MAN Energy Solutions, said: “The 175D engine is the perfect choice for the yacht segment for many reasons, especially due to its current status as the most powerful high-speed engine on the market with its recently extended output of 4,40...
Deutz announces a cost-cutting program
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.
