Deutz

Deutz will once again be a partner at this year’s #neuland conference, where it will present its prestigious innovation prize, the Nicolaus August Otto Award, for the fifth time on June 27, 2023.

7.5 L can’t be said to be a perfect capacity; it was once associated with splitting the 1L cylinder displacement, and, in the last 15 years, to the super-compact 4 cylinder with a 800-900 cc unit volume. Yet, when we thought of comparing the Core75 by AGCO Power with its equally sized peers, in this...

Deutz stayed the course for growth in the first quarter of 2023: with an increase in unit sales of 10.6 percent year on year, the manufacturer of drive systems was able to grow revenues by 15.5 percent to €517.2 million.

At Deutz AG’s virtual Annual General Meeting in Cologne, the shareholders voted in favor of all management proposals and formally approved the actions of the Board of Management and Supervisory Board.

Preliminary results for the first quarter of 2023 are well above expectations for Deutz

At the end of January, Deutz announced a comprehensive cooperation with Daimler Truck. After full approval was granted by the authorities, the underlying transactions have now been closed.

Last year, Deutz maintained its course and achieved its targets in a challenging geopolitical and macroeconomic environment. The drive manufacturer’s unit sales rose by 16.6 percent, while revenue climbed by 20.8 percent to €1.95 billion. Profitability also improved significantly, with EBIT before e...

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...

Daimler Truck will take a 4.19 percent stake in Deutz AG, becoming a large shareholder. The cooperation will be focused on medium- and heavy-duty engines.

Deutz has thoroughly revised and updated its supplier code of conduct to accompany the human rights code that it adopted at the end of 2022