WABCO Goes Public with Listing on New York Stock Exchange
WABCO, a leading global provider of electronic braking, stability, suspension and transmission control systems for commercial vehicles, will make its debut on the New York Stock Exchange today,... Michelin North America to Acquire Oliver Rubber Company
Michelin North America, Inc. today announced that it has signed a definitive agreement to acquire Oliver Rubber Company, a subsidiary of Cooper Tire & Rubber Company, which produces tread rubber and retreading equipment.... Cummins Continues Record Performance in 2Q
Broad gains across most of the company’s product and geographical markets led Cummins Inc. to record revenues and strong earnings in the second quarter. ... ArvinMeritor to Close Assembly Operation in Ontario
ArvinMeritor, Inc.today announced it would close its Commercial Vehicle Systems (CVS) assembly operation in St. Thomas, Ontario, Canada by Nov. 23.... PACCAR Picture Looking 'Excellent'
PACCAR's revenues and net income for the second quarter and first half of 2007 were down over last year, but Mark C. Pigott, chairman and chief executive officer, characterized them as "excellent" in light of the downturn.... Trucking Groups Urge Government Support for Fuel-Saving APUs
The American Trucking Associations (ATA) and the Canadian Trucking Alliance (CTA) urged state governments in the United States and provincial governments in Canada to revise their fuel tax systems... Cummins Raises Its Dividend by 39%
The Cummins Inc. Board of Directors increased the company's quarterly cash dividend on common stock by 39 percent to 25 cents per share, up from 18 cents per share. The dividend is payable on August 31 to shareholders of record on August 17. ... International Truck Dealer Network Will Offer SmarTire Products
SmarTire Systems Inc. announced today that Dana Corporation, its marketing partner for the commercial vehicle market in North America, Australia and New Zealand, will be offering the company's SmartWave TPMS tire pressure monitoring system retrofit kits... Dana, Dongfeng Complete JV to Produce Commercial Vehicle Axles in China
Dana Corporation announced today that effective June 30, 2007, Dana's wholly owned subsidiary Dana Mauritius Limited (Dana Mauritius) has closed on the purchase of 4% of the registered capital of Dongfeng Dana Axle Co., Ltd.... Dana Sells European Operations to Orhan Holding
Dana Corporation has closed the previously announced sale of its European fluid products hose and tubing operations to Orhan Holding, A.S....
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