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MOTORINDIA
l
September 2012
the latter part of the current year,
one might see a change leading to
growth and containment of revenue
and fiscal deficits. “I also expect that
the Government will move to clarify
the uncertainties in many sections
of our economy and to bring back
focus on providing a platform for
the growth of our economy which
is critical for bettering the quality of
life of the people. All political par-
ties should move with one objective
vehicle zone
Navistar
to use Cummins engines for trucks
Navistar International Corporation has announced that it is set to deploy Cummins 15-litre engines in its own
trucks and use Cummins Emissions Solutions’ DEF-based aftertreatment system, combined with the company’s
own in-cylinder engine to create ICT+ for its existing MaxxForce engines.
The two companies have signed a non-binding memorandum of understanding
(MoU), and Navistar expects that by combining the two systems, it will be able
to meet 2010 US EPA emissions regulations and position the company to meet
greenhouse gases (GHG) rules in advance of the 2014 and 2017 re-
quirements.
Navistar plans to offer Cummins ISX15 engines as part
of its North American on-highway truck line-up be-
ginning January 2013 and to begin the introduction
of ICT+ in its MaxxForce 13-liter in early 2013.
It also provided an outlook on the third quarter
of 2012, and withdrew its full-year guidance based
on its transition to ICT+. The company’s overall
market share for the fiscal third quarter 2012 is seen
to remain flat at 17-18 per cent for Class 8, 35-36 per
cent for Class 6-7 trucks and at 48-49 per cent for
school buses.
of creating an environment in which
the economic growth of the country
continues.
“After having enjoyed the privi-
lege of serving as a Director of your
company for 64 years, and the hon-
our of being Chairman of the Board
for 48 years, I have decided to hand
over the baton to the younger gener-
ation. I am deeply moved by the sen-
timents expressed by the Board and
the management in requesting me
to accept the position of Chairman
Emeritus, which I do with humility.
The Board has selected Mr. Anand
Mahindra to be the next Chairman.
As you all know, Anand is a leader
of great acumen, moving in step
with technological advances and,
above all, passionate about preserv-
ing what is ‘core’ to the company –
integrity, ethics and inclusiveness”,
Mr. Mahindra added.
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