Re: Ford Cummins Diesel

From: Gary Shook (gary.shook@mci.com)
Date: Fri Nov 06 1998 - 14:27:47 EST


>Ford does not own Cummins, but does have a percentage of their stock. Much
>the same that they have a percentage in Mazda, and several other companies.
>Dodge is also an investor in Cummins the last I heard, but they do not own
>them either. I don't know about Chevy starters, but the Champion and AC
>Delco are close relatives (literally). But to your point, it is curious why
>Ford would use Navistar engines when most people you talk to that drive
>medium and large size trucks would rather have the Cummins over the
>Navistar.
>
>John
>98 Dak-less
>

I had heard that Cummins bought their stock back from Ford a while back...
when rumors were circulating that Ford was trying to buy them out... in the
interest of keeping the Dodge relationship healthy (maybe not the reason
why, but I remember hearing about the buyback of stock...)

Gary Shook



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