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November 4, 2008

Cummins Announces Standby Commitment to Purchase $25 Million in Stock to Support Irwin Financial Restructuring Plan

COLUMBUS, IN – Cummins Inc. has agreed to provide a standby commitment in support of the previously announced restructuring plan by Irwin Financial Corporation.

Tags: Cummins, Irwin Financial, Restructuring Plan

September 3, 2008

Cummins Announces Recent Technology Development Achieves Significant Fuel Economy Benefits

COLUMBUS, IN – Cummins Inc. will add Selective Catalytic Reduction (SCR) aftertreatment to its Heavy-Duty products for 2010 to deliver the best fuel efficiency for its customers

Tags: Cummins, heavy-duty, Heavy-Duty ISX, SCR, Selective Catalytic Reduction

July 23, 2008

Cummins Announces Conclusion of Joint Ventures With CNH Global N.V. and Iveco N.V.

COLUMBUS, IN – Cummins Inc. has concluded its joint ventures with CNH Global N.V. (CNH) and Iveco N.V., two Fiat Group companies.

Tags: CNH Global N.V., Cummins, Iveco N.V.

July 9, 2008

Cummins Filtration Introduces Environmentally Friendly ES Compleat Glycerin Coolant

NASHVILLE, TN – Cummins Filtration has released its Fleetguard ES Compleat Glycerin, a heavy-duty engine antifreeze/coolant that uses non-toxic glycerin in lieu of traditional ethylene glycol (EG) or propylene glycol (PG).

Tags: Coolant, Cummins, Cummins Filtration, Fleetguard ES Compleat Glycerin

June 18, 2008

Daimler Trucks North America Expands Engine Offerings

PORTLAND, OR – Daimler Trucks North America will offer a full line of its own Detroit Diesel engines, as well as Cummins heavy- and medium-duty engines, across its Freightliner, Sterling, Western Star, and Thomas Built Buses vehicle range.

Tags: Sterling, Cummins, Daimler Trucks

June 4, 2008

Loughrey to Retire as Cummins Inc. President and CEO in March 2009; to Become Cummins Vice Chairman on Aug. 1

COLUMBUS, IN – Joe Loughrey, president and CEO for Cummins, will retire in March 2009. Effective this Aug. 1, Loughrey will become Cummins vice chairman and remain a member of the board of directors until his retirement.

Tags: Cummins

February 6, 2008

Cummins Announces Availability Clean-Idle Engines

ORLANDO, FL – Cummins Inc. has made available its Clean Idle Certified on-highway engines, which meet the new California Air Resources Board’s (CARB) idle reduction regulation.

Tags: CARB, Clean Idle, Cummins

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The Credit Crisis Impact on Fleet? Look to 1973 for Clues

By Mike Antich
Fuel prices hit record highs. The cost of financing a fleet doubles. Used-vehicle values plummet. Dealers are unable to sell the vehicles they have in inventory. Geopolitically, the U.S. is embroiled in war and the macro-economy teeters on recession. If you think I'm talking about 2008, think again. The year was 1973.

Used-Vehicle Market Nosedives in October: More Downward Movement Anticipated

By Mike Antich
October was an extremely difficult month to remarket vehicles in the wholesale market as resale prices took a precipitous drop. Wholesale pricing, based on mixed mileage and seasonally adjusted, declined a record 6 percent in October. The lack of credit to both dealers and retail buyers has been the key catalyst contributing to the downturn in the wholesale market. The market forecast is gloomy until the credit gridlock is resolved.

Don't Let Drivers Grow Complacent with Lower Fuel Prices

By Mike Antich

94% of Fleet Managers Don’t Know the Whereabouts of Their Fleet Vehicles

By Mike Antich

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$10.00

Fleet Financials - January/February 2008

In This Issue:
Otis Elevator Reduces Operational Costs through Quality Initiative, Proven Strategies to Reduce Fleet Costs, Executive Vehicles vs. Driver Reimbursement and much more…