Jul 18, 2008
Since 1996, Cummins Inc.
and Fiat had a joint venture in the European Engine Alliance (EEA). Today, they announced that Fiat
will have full control of EEA, which has its main development projects in 4, 5 and 6-liter diesel engines.
Cummins will receive CNH Global’s 50% stake in joint venture Consolidated Diesel Corp
. This N.C.-based company began in 1980 with a partnership between Cummins and Case Corp. (now part of CNH Global
EEA has some manufacturing assets in Turin, Italy.