Cummins and Dodge both doing well.

Cummins and Dodge both doing well.

12-16-2005, 06:51 PM

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Posm

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Join Date: Mar 2000 Location: Wetumpka , AL Posts: 446

Cummins and Dodge both doing well.

Found this press release on the Cummins site with some interesting detail.

Record earnings:
In addition to setting a record for net income and EBIT, the Company achieved a number of other quarterly financial records, including.
Engine segment revenues.
Engine shipment volumes to DaimlerChrysler for the Dodge Ram.
Segment EBIT for the Power Generation segment.
Segment EBIT for the Distribution segment.

Record Third qt. shipments:
The segment saw double-digit growth in both on-highway and industrial markets. The introduction of the model year 2006 Dodge Ram drove record engine shipments of 42,200 that were 10 percent higher than last year and 16 percent higher than last quarter.

At 42K in the third quarter, that would put the Ram at 150 or 160K units per year. I am sure that the third quarter is one of the biggest with the model change over.

Here is the link:
http://www.cummins.com/cmi/content.j...89&menuIndex=0

I bet the boys at Navistar and Ford with they had some positive numbers to gloat over.

Bryan

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