real-time news and commentary for investors
Tuesday, Aug 20
Cummins set to announce supply agreement with Nissan
- Cummins (CMI) intends to disclose today a deal to supply diesel engines to Nissan (NSANF.PK) for its Titan pickup trucks. Cummins, which already provides Chrysler with engines, earlier said it would announce a project that would create jobs.
- Last year, Nissan sold 21,576 Titans in the U.S. and a handful in Canada and the Middle East; that compares with 1.5M full-size pickups that the Detroit automakers sold in the U.S.