A large number of companies have announced plans to introduce diesel engines in the North American market. The majority of these engines are currently offered in overseas markets, and are being developed further to meet the emission standards. One North American manufacturer, who wants to remain confidential for competitive reasons, has made the decision to farm out the production of a diesel engine for the market to Cummins Inc. The company announced today it has reached an agreement to produce and market a light-duty diesel engine with an automotive manufacturer. The manufacturer serves the North American market and plans to incorporate the diesel engine in standard pickup trucks and sport utility vehicles. We can expect to see the first vehicles with this new engine reach the market by the end of the decade. The engine will provide fuel savings of 30 percent on average over gasoline-powered engines for the same vehicle.

[Source: Finanzen.net]

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