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I haven't followed Cummins (though I do follow your comments!), but CAT announced that they are exiting their diesel engine business for on-highway trucks.
Jun 13 08:06 am
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All Comments by AdamB »Cummins' Mysterious Rise [View article]
"Caterpillar Inc., in a significant strategic retreat, said Thursday that it would stop manufacturing heavy-duty truck engines for the U.S. market in 2010.
Even as the Peoria-based maker of earthmoving and other construction equipment was announcing its withdrawal from the domestic market for "on-highway" truck engines, however, Caterpillar and Warrenville-based truckmaker Navistar International Corp. unveiled a tentative alliance that will provide Caterpillar with an ongoing presence in the truck business." - Chicago Tribune