Weichai strikes again!
Weichai Power reaches another efficiency milestone: 53.09% Thermal Efficiency for a Diesel Engine
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Iveco Group will soon have a new CEO. Olof Persson to replace Gerrit Marx
As Gerrit Marx will leave the Group to take up his appointment as the CEO of CNH Industrial, Persson, who is currently an Iveco Group Board Independent Director, will step in to the role of CEO on 1st July, 2024.
AS and FPT also arm in arm with industrial engines
AS Labruna, with sister company LF, and FPT Industrial have extended distribution agreement to industrial engines for Southern Italy, Middle East and North Africa
Middle East Energy in Dubai cancelled
The Middle East Energy (MEE) has been cancelled. The event was earlier rescheduled to start today (April 17) in Dubai, but the adverse weather conditions did not allow it.
Is Yamaha about to divest its industrial engine asset?
Yamaha Motor, acquisition of Torqeedo and divestment of industrial engine business
José Cuadrado is the new Global CEO of Yanmar Compact Equipment
José Cuadrado has been appointed Global Chief Executive Officer at Yanmar Compact Equipment (Yanmar CE), and Chairman of the Board at Yanmar Holdings Co., Ltd. Cuadrado replaces Giuliano Parodi, who is now transferring to manage the Yanmar Group’s Strategy Division, as Chief Strategy Officer.
Highlights
AS Labruna at the DPE Rimini with LF and start-up MOVe
AS Labruna was present at the DPE - International Electricity Expo in Rimini with LF, FPT Industrial dealer for North Africa, and MOVe, startup for the electrification of on-road vehicles, such as the Metrocab of Fresia
FPT Industrial: let’s go, XC13
The XC13 surely sounds agnostic in FPT Industrial’s unofficial nomenclature; it comes, indeed, with a tripartite certification: Euro 6E (winking an eye at the upcoming Euro 7), methane gas and also biofuel, with a link to hydrogen. Andrea Abbà, FPT’s product marketing manager, told us about dialogui...
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Proterra battery business becomes part of Volvo Group
On the 1st February 2024 Volvo announced it has completed the acquisition of battery business from Proterra. The intention was announced in November 2023, when Volvo Group had been selected as the highest bidder in an auction for the business and assets of the Proterra Powered unit.
TotalEnergies and ONGC in India sign agreement to detect and measure methane emissions
On the occasion of India Energy Week 2024, TotalEnergies and Oil and Natural Gas Corporation (ONGC) have signed a cooperation agreement to carry out methane emissions detection and measurement campaigns using TotalEnergies’ pioneer AUSEA (Airborne Ultralight Spectrometer for Environmental Applicatio...
Cummins reports fourth quarter and full year 2023 results
Cummins today reported fourth quarter and full year 2023 results. “High global demand for Cummins’ diverse set of innovative products drove record full year revenues and operating cash flow in 2023,” said Jennifer Rumsey, Chair and CEO.
BorgWarner to form joint venture with Chinese commercial EV supplier Shaanxi Fast Auto Drive Group
BorgWarner believes bringing together its cutting-edge technology and deep electrification expertise with Shaanxi Fast Auto Drive Group’s commercial vehicle expertise and customer relationships will support the accelerated growth of electrification in the commercial vehicle space.
Himoinsa announces the appointment of a new Director for its Power Solutions Business Unit
Jesús Santos, the company’s new Director of Power Solutions, has more than twenty years’ experience in the power generation sector. This announcement comes at a time when Himoinsa has reinforced its strategic growth plan to become a market leader in power generation solutions for special projects....
Diesel Motor Nordic becomes Deutz Nordic
Deutz Nordic is the new name of Diesel Motor Nordic (DMN), which is wholly owned by Deutz AG since October 2, 2023.
Dumarey Flowmotion Technologies
After the acquisition, in the new organizational structure, Vitesco Technologies Italy takes the name of Dumarey Flowmotion Technologies
Ingrid Rieken is the new Chief HR Officer at MAN Energy Solutions
The Supervisory Board of MAN Energy Solutions SE has appointed Ingrid Rieken to the Executive Board of the mechanical engineering company with effect from 1 January 2024. Rieken will be responsible for Human Resources. Rieken succeeds Martin Rosik, who is retiring after 20 years with the Volkswagen ...
Cummins’ Rocky Mount Engine Plant announces $580M project for jobs and economic growth
Today Cummins announced a $580 million project to drive economic and job growth in the Nash County community. This strategic investment is set to generate approximately 80 additional new jobs, fostering both short-term employment opportunities and long-term job stability.
CNH Industrial completes delisting from Euronext Milan and begins listing on the New York Stock Exchange
CNH Industrial has completed the voluntary delisting of its shares from Euronext Milan. Shares of CNH are now solely listed on the New York Stock Exchange (NYSE).
