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The Latest Breaking News from Cummins

Volta Trucks Debuts Class-7 All-Electric Truck In The US

The Class-6 and Class-7 vehicles are powered by the company’s e-Axle that embodies the electric motor, transmission, and axle in one single unit supplied by Michigan-based Accelera (which is a division of Cummins).

InsideEVs

Ram Recalling Nearly 341,000 Diesel Pickups Due To Fire Risk

Ram advises owners to park the affected vehicles outside until the problem is fixed.

Motor1

248K Ram HD Trucks Recalled For Transmission Leak That May Cause Fire

Ram 2500 and 3500 models going back to 2020 could leak transmission fluid from the dipstick tube.

Motor1

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2023 Ram 2500 Rebel First Drive Review: Torque Dirty To Me

The Super Duty Tremor and Sierra HD AT4 have some company.

Motor1

Cummins Whale Trades For September 30

Someone with a lot of money to spend has taken a bearish stance on Cummins (NYSE:CMI). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

This Classic Mini Pickup Spent Its Life As A Cute Ice Cream Van

It has a new home in BMW Group Classic’s heritage collection.

Motor1

Biden, Republicans spar over impact of Dems' economic plan

Democrats call it the “Inflation Reduction Act.”

The Independent UK

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Kingsley Coach Motorhome Fuses Posh RV Living With A Peterbilt Rig

It's a classic aluminum body RV with a lodge-style interior, sold for a pretty penny.

Motor1

Benzinga's Top Ratings Upgrades, Downgrades For July 20, 2022

Upgrades

Benzinga

Ford F-150 Lightning Vs Ram 2500 Diesel: "World's Toughest" Towing Test

The F-150 Lightning is capable of towing a heavy load with what seems to be minimal effort. The same can be said about torquey diesels. How do they stack up?

InsideEVs

Here's How Much $1000 Invested In Cummins 15 Years Ago Would Be Worth Today

Cummins (NYSE:CMI) has outperformed the market over the past 15 years by 2.63% on an annualized basis producing an average annual return of 9.07%. Currently, Cummins has a market capitalization of $27.63 billion.

Benzinga

Peering Into Cummins's Recent Short Interest

Cummins's (NYSE:CMI) short percent of float has fallen 7.1% since its last report. The company recently reported that it has 1.97 million shares sold short, which is 1.44% of all regular shares that are available for trading.

Benzinga

$1000 Invested In This Stock 15 Years Ago Would Be Worth $4,200 Today

Cummins (NYSE:CMI) has outperformed the market over the past 15 years by 3.68% on an annualized basis producing an average annual return of 10.13%. Currently, Cummins has a market capitalization of $28.97 billion.

Benzinga

$100 Invested In Cummins 15 Years Ago Would Be Worth This Much

Cummins (NYSE:CMI) has outperformed the market over the past 15 years by 3.39% on an annualized basis producing an average annual return of 10.34%. Currently, Cummins has a market capitalization of $29.47 billion.

Benzinga

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Benzinga

Looking Into Cummins's Return On Invested Capital

According to Benzinga Pro, during Q1, Cummins (NYSE:CMI) earned $423.00 million, a 5.75% increase from the preceding quarter. Cummins also posted a total of $6.38 billion in sales, a 9.15% increase since Q4.

Benzinga

Analyst Ratings for Cummins

Cummins (NYSE:CMI) has observed the following analyst ratings within the last quarter:

Benzinga

Expert Ratings for Cummins

Within the last quarter, Cummins (NYSE:CMI) has observed the following analyst ratings:

Birmingham Post

Cummins invests £14m to build new Darlington test facility

The new facility will help Cummins move into increasingly cleaner, 'next generation' power technologies

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news in one place.

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InsideEVs

Cummins Announces $3.7B Deal To Buy Meritor

Cummins had already started launching its own electric powertrains, but with Meritor on-board, this trend will be accelerated.

Tribune News Service

Cummins buys truck parts supplier Meritor for EV components

Cummins Inc. on Tuesday said it intends to acquire a Michigan-based truck parts supplier to add axles and brakes for hybrid and electric powertrains to its portfolio in a $3.7 billion deal.

Benzinga

Cummins Agrees To Acquire Meritor For $3.7B

Cummins Inc (NYSE:CMI) has agreed to acquire electric powertrain solutions provider Meritor Inc (NYSE:MTOR) for about $3.7 billion, including assumed debt and net of acquired cash. The company will pay Meritor shareholders $36.50 in cash per share, representing a 48% premium to the Meritor's closing price of $24.67 on February 18, 2022. Meritor, headquartered…

StockNews.com

Infrastructure in 2022: The Complete Investors Guide

Improving America’s infrastructure is one rare area of bipartisan agreement. According to Gallup, 68% of Americans expressed support for infrastructure spending. The Infrastructure Jobs and Investment Act was passed at the end of last year and will benefit stocks like Rio Tinto (RIO), Cummins (CMI), ArcelorMittal (MT), Eaton (ETN), and…

Benzinga

Cummins To Acquire Jacobs Vehicle Systems Business From Altra Industrial For $325M

Cummins Inc. (NYSE:CMI) has agreed to acquire Jacobs Vehicle Systems, a subsidiary of Altra Industrial Motion Corp (NASDAQ:AIMC), for $325 million. Founded in 1961, Jacobs Vehicle Systems has roughly 600 employees and more than 60 years of experience in engine retarding and valve actuation systems for the commercial vehicle industry. It generated ~$193 million in…

Benzinga

Cummins To Take Full Control Of Former JV With Westport

Cummins Inc. (NYSE:CMI) has agreed to acquire the remaining stake in the former Cummins Westport Joint Venture from Westport Fuel Systems Inc. (NASDAQ:WPRT). Financial terms were not disclosed. CMI will operate the business as the sole owner. The Cummins Westport Inc. joint venture agreement terminated effective December 31, 2021. Cummins will also buy Westport’s interest…

Benzinga

Where Cummins Stands With Analysts

Within the last quarter, Cummins (NYSE:CMI) has observed the following analyst ratings:

1 2 3 4

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