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Deutz results: first quarter of 2024

“As is evident in our figures for the first quarter, the much weaker economic environment is starting to have an effect on us, too. The good news is that we are considerably more robust than before,” says Deutz CEO, Sebastian C. Schulte.
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Deutz launches “Greenfield Award” 

Deutz launches the “Deutz Greenfield Award”: students and young researchers may submit their ideas for the future of sustainable mobility in the off-highway sector until May 17, 2024.

Deutz has completed the sale of Torqeedo to Yamaha

Deutz has reached another milestone in its portfolio realignment by completing the sale of Torqeedo to Yamaha Motor. Deutz intends to enhance its performance in the existing business with conventional engines and to expand its technology portfolio for the future.

Deutz results: revenue up by almost 8 % in 2023

Within a persistently challenging macroeconomic environment, Deutz stayed on course in the 2023 financial year and achieved record results for revenue EBIT. The drive manufacturer grew its revenue by 7.8 % to around €2.1 billion.

Comparisons: 5 to 5.2 liters

AGCO Power’s Core family expands. The 1.25-liter cylinder displacement also applies to 4-cylinder Diesel engine and throws down the gauntlet in this micro-segment. Veterans mtu and Volvo Penta are joined by the Finns, Deutz, Kubota and Isuzu. Read the full article in the March issue of Powertrain In...

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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...

Deutz

ConExpo: Deutz presents innovative drive technology

Deutz will be presenting its latest developments in the field of sustainable drive systems at the ConExpo construction equipment fair. Under the banner of “We ensure the world keeps moving”, the drive specialist is combining diesel, gas, electric, and hydrogen technologies to create the best possibl...

Deutz approves engines for HVO

With immediate effect, Deuz is approving its entire TCD engine portfolio for use with alternative diesel fuels. This means that paraffinic diesel fuels such as HVO (hydrotreated vegetable oil) can now be used to run all Deutz engines that meet the EU Stage V emissions standard, including the TCD 5.2...

Deutz adopts human rights code

Deutz has adopted a groupwide human rights code. It documents the drive specialist’s zero-tolerance strategy toward the abuse of universal, inalienable, and indivisible human rights. 

Deutz results: a successful nine-month period

Following a successful first half of the year, Deutz continued to generate growth and recorded double-digit increases in unit sales and revenue in the nine-month period: orders rise to around €830 million, revenue increases by 19 percent to almost €1.4 billion and adjusted EBIT margin improves to 4....
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Innovative drive solutions at the Deutz Days

Deutz presented its latest conventional and alternative drives live in a range of applications during the Deutz Days. The theme of this year’s event is “Moving the world sustainably”.
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Deutz appoints Timo Krutoff as CFO and Labor Director

Deutz has appointed Timo Krutoff as its new Chief Financial Officer (CFO) and Labor Director. Krutoff will join the Cologne-based engine manufacturer on December 1, 2022 as the member of the Board of Management with responsibility for finance, human resources, and information services.
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Torqeedo: changes to management

Torqeedo, the market leader for marine electric drives, has appointed Fabian Bez as the company’s new Chief Executive Officer (CEO). Bez assumed day-to-day leadership of the company effective 1 October 2022. Bez will be joined by Heiko Vietmeier, who will serve as Torqeedo’s Chief Financial Officer ...
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