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dodge losing cummins?

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  #1  
Old 02-07-2008, 08:51 AM
gales73 gales73 is offline
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Default dodge losing cummins?

a buddy of mine told me that ford bought out cummins....any truth to this?...i sure hope not
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Old 02-07-2008, 09:03 AM
energinerbuzzy energinerbuzzy is offline
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Default RE: dodge losing cummins?

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ORIGINAL: gales73

a buddy of mine told me that ford bought out cummins....any truth to this?...i sure hope not
No that is FALSE. Cummins owns Cummins and thats it. I have heard people trying to spread this around for a while now.
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Old 02-07-2008, 09:06 AM
behindbars behindbars is offline
 
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Default RE: dodge losing cummins?

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ORIGINAL: energinerbuzzy

Quote:
ORIGINAL: gales73

a buddy of mine told me that ford bought out cummins....any truth to this?...i sure hope not
No that is FALSE. Cummins owns Cummins and thats it. I have heard people trying to spread this around for a while now.
Isn't it true though, that Daimler Chrysler owns Detroit Diesel? I wonder why the rams never got a little Detroit.
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Old 02-07-2008, 09:07 AM
gales73 gales73 is offline
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Default RE: dodge losing cummins?


No that is FALSE. Cummins owns Cummins and thats it. I have heard people trying to spread this around for a while now. You mean dodge owns cummins?
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  #5  
Old 02-07-2008, 09:09 AM
gales73 gales73 is offline
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Default RE: dodge losing cummins?

Isn't it true though, that Daimler Chrysler owns Detroit Diesel? I wonder why the rams never got a little Detroit.


I will ask my dad he worked at williams detroit diesel/allison for 20 years
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Old 02-07-2008, 09:10 AM
gales73 gales73 is offline
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Default RE: dodge losing cummins?

The way my buddy described it was that ford bought out cummins from dodge and that dodge was getting cattipiller I called him out on it on spot
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  #7  
Old 02-07-2008, 09:13 AM
lilfroger lilfroger is offline
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Default RE: dodge losing cummins?

Every time we start talking about which diesel company owns who I love to pull up this post from a while ago....good read:

http://www.dodgeforum.com/m_618521/tm.htm


Quote:
Right now, Cummins makes all diesels in all pickup trucks sold in the United States. Cummins makes 73% of all diesels in all trucks sold in the world. The board of directors at Inquardo -- which isn't listed on any stock exchange -- includes 9 Cummins execs, 2 Caterpillar execs, and one Wells Fargo Bank exec. The CEO and CFO are also Cummins vice presidents. And there are Cummins execs on the boards of Daimler Chrysler, General Motors, Toyota, and Honda America. Ford, the holdout, has not been doing very well.
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Old 02-07-2008, 09:13 AM
Tommygunz Tommygunz is offline
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Default RE: dodge losing cummins?

Basically this is how it goes down with the whole ford/cummins deal. A number of years ago Ford bought some cummins stock, not the company, not rights to the motor, not a contract. They bought about 20 percent of cummins stock. Now you can speculate as to why they did it all day long. Long story short a few years after they bought the stock, they sold it and now have nothing to do with it whatsoever. As far as the DCX detroit thing, I do remember hearing something like that, but rest assured as long as we are as loyal as we are to our cummins powered Rams, Dodge would be retarded, absolutely retarded to cancel that contract, thus they likely never will.
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  #9  
Old 02-07-2008, 09:15 AM
shonne shonne is offline
 
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Default RE: dodge losing cummins?

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ORIGINAL: gales73

Isn't it true though, that Daimler Chrysler owns Detroit Diesel? I wonder why the rams never got a little Detroit.


I will ask my dad he worked at williams detroit diesel/allison for 20 years
True.
http://www.detroitdiesel.com/about/default.aspx
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  #10  
Old 02-07-2008, 09:52 AM
energinerbuzzy energinerbuzzy is offline
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Default RE: dodge losing cummins?

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ORIGINAL: Tommygunz

Basically this is how it goes down with the whole ford/cummins deal. A number of years ago Ford bought some cummins stock, not the company, not rights to the motor, not a contract. They bought about 20 percent of cummins stock. Now you can speculate as to why they did it all day long. Long story short a few years after they bought the stock, they sold it and now have nothing to do with it whatsoever. As far as the DCX detroit thing, I do remember hearing something like that, but rest assured as long as we are as loyal as we are to our cummins powered Rams, Dodge would be retarded, absolutely retarded to cancel that contract, thus they likely never will.
Very well explained. I also heard that Detroit had made an engine proto type for light duty aplications but they could't get fuel economy numbers anywhere close to that of even the Powerjokes or Duracraps. I don't think we will see a Detroit in a light duty passenger vehicle ever.
Also Wasn't it Dodge who tinkered with the Idea of a contract with Caterpiler, or was is Chevy? I can't remember but I do remember Caterpiller decided that they could not produce units fast enough to keep up with production unless they biult a new plant so they turned down the contract.
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  #11  
Old 02-07-2008, 10:33 AM
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Default RE: dodge losing cummins?

well according to the press release DXC is only doing off-highway diesels
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  #12  
Old 02-07-2008, 10:47 AM
DevilsReject DevilsReject is offline
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Default RE: dodge losing cummins?

I know Caterpillar has been in talks with GM about doing a diesel for their trucks....but as of thismoment, nothing is doing...
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Old 02-07-2008, 03:23 PM
92oilburner 92oilburner is offline
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Default RE: dodge losing cummins?

Daimler Chrysler did own a majority of stock in Detroit Diesel. Now that Diamler has sold 80.1% of Chrysler, I'm not sure who holds the D.D. stock, but I would bet its Diamler. Also, future plans call for a Ram 1500 with a smaller Cummins in it.
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Old 02-07-2008, 04:53 PM
RAMbunkshus RAMbunkshus is offline
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Default RE: dodge losing cummins?

GM just this week announced that they will be spending $69 million to upgrade the Duramax plant here in SW Ohio to build the new 6.6 Duramax diesel. That's good news to the workers in this area. This plant is a GM/Isuzu parnership.
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  #15  
Old 02-07-2008, 05:08 PM
RAMbunkshus RAMbunkshus is offline
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Default RE: dodge losing cummins?

As to who owns Cummins, of the202.2 million outstanding shares of Cummins common stock ( ticker symbol CMI ), 175.9 million (87%) are owned by mutual funds, which in turn are owned by pension funds, banks, and individual investors.
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  #16  
Old 02-07-2008, 07:46 PM
JR 06 JR 06 is offline
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Default RE: dodge losing cummins?

Yes Daimler owns Detroit Diesel, as well as Freightliner trucks, Western Star trucks, and Sterling trucks.


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  #17  
Old 02-07-2008, 07:51 PM
JD1500 JD1500 is offline
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Default RE: dodge losing cummins?

I am not from that area, but heard that too. I also think it is good news. anything to keep/add jobs here in america i support.
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Old 02-07-2008, 08:59 PM
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Default RE: dodge losing cummins?

I was told by the dealer in Kellogg Id. that Ferd owned Cummins, and Mercedes owned Chrysler, don't know who owns Mercedes, that there had been plans in the works for 2008 for Mercedes diesels in Dodge trucks. Now, we know that didn't happen, so who the hell knows. With all the Mega Corps. in the world today it all might be owned by Bill Gates. By the way anyone hear on the news, Exxon Corp. posted the largest profit ever in history for an american co.?? this year? 40 BILLION !!!!!!they said it wasn't the high prices of fuel, but research and the opening up of alternatesources.........maybe they own Cummins..
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Old 02-07-2008, 09:26 PM
BrianSudokhoi02 BrianSudokhoi02 is offline
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Default RE: dodge losing cummins?

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ORIGINAL: DevilsReject

I know Caterpillar has been in talks with GM about doing a diesel for their trucks....but as of thismoment, nothing is doing...
We have an early 90's GMC Top Kick at work with a cat engine in it. I don't know if cat would ever trickle down to GM's 3/4 an 1 ton trucks
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  #20  
Old 02-07-2008, 09:34 PM
JR 06 JR 06 is offline
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Default RE: dodge losing cummins?

no Ford does not own Cummins, Cummins owns Cummins. and Mercedes(Daimler) did own Chrysler, but recently sold it to Cereberus. And Daimler AG is the company that owns Mercedes, as well as the Maybach brand and Smart(yeah the tiny little cars) as well as the companies I listed above. And any corporation is not owned by a single person, but by the stockholders. Now a person could own a majority of the stock making him/her pretty much the owner.


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Old 02-07-2008, 09:34 PM
 
 
 
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