European engine alliance sold to Fiat Powertrain Technologies

COLUMBUS, Ind. - Cummins Inc announced that it has concluded its joint ventures with CNH Global N.V. (CNH) and Iveco N.V., two Fiat Group companies. Under the new agreement, Cummins will purchase CNH’s equity stake in Consolidated Diesel Company (CDC) and will sell its interest in the European Engine Alliance.

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