Columbus-based Cummins Inc. (NYSE: CMI) has announced a joint venture with a major vehicle manufacturer in China. The deal involves a new Beiqi Foton Motor Co. Ltd. truck model that will use Cummins ISG engines. April 8, 2014
COLUMBUS, Ind. – Today, Beiqi Foton Motor Co. Ltd. (Foton), China's leading commercial vehicle manufacturer, and Cummins, the world's largest independent diesel engine manufacturer, jointly introduced a new truck model powered by the Cummins ISG engine in Cummins Technical Center in Columbus. The G Series will initially be manufactured at the Beijing Foton Cummins Engine Co. (BFCEC), a 50-50 joint venture between Cummins and Foton.
Equipped with Cummins revolutionary heavy-duty ISG engine, the newly launched Foton Daimler Auman GTL “Super Power” truck is designed to meet customers' demands for performance and reliability. The new truck model, which will be manufactured in Beijing Foton Daimler Automotive Co. Ltd. (BFDA), a 50-50 joint venture between Foton and Daimler, is expected to significantly improve customer experience with fuel economy, safety, reliability, driveability and total cost of ownership.
“The joint venture between Foton and Cummins successfully introduced the Cummins ISF light-duty engine platform in 2008, which has grown to be a leading power in the light-duty commercial vehicle market. Today, with Foton's deep knowledge of truck customers, Foton and Cummins have worked together to synchronize the development of Cummins ISG engine and the new GTL “Super Power” truck for best integration. We aim at setting a new benchmark in the high-end heavy-duty truck market through breakthrough technologies,” said Wang Jinyu, General Manager – Foton.” The result is improved customer experience. Through joint-venture cooperation with Cummins and Daimler, respectively, and by leveraging the complementary strengths of Cummins, Foton and Daimler, we are able to provide customers the values and benefits they care about most.”
“The cooperation on ISG is a natural extension of the successful integration of Cummins ISF engine and Foton trucks,” said Steve Chapman, Cummins Group Vice President – China and Russia. “It once again demonstrates the vigor and strength that a win-win partnership can bring to both companies. We expect that the successful application of Cummins ISG engine in Foton trucks will make a unique contribution, as Foton is poised to expand its business even faster in the years ahead.”
The ISG heavy-duty engine platform is an in-line 6-cylinder engine, and is available in 11-liter and 12-liter models to meet a broad variety of global market requirements and emissions standards. Design and development of the engine have been led by a team in the United States, and supported by global technical and marketing resources with deep knowledge of local market and customer needs. That global design approach utilizes the latest advanced technologies to develop an adaptive architecture, with each engine designed to meet unique performance and cost-of-ownership expectations for its target market and region.
The cooperation between Cummins and Foton on the ISG engine project started as early as 2010. The inputs of rich customer knowledge ensured that the new heavy-duty engine platform is designed based on real value to the customers. Using a combination of patented technologies and advanced production techniques, the G Series engines are built to set new benchmarks in power and torque, fuel efficiency, driveability and reliability.
During the launch event, Cummins and BFCEC also signed a development contract to bring the engine to off-highway Tier 4 Final and on-highway Euro VI standards, which will further drive the durability and power-density increase, as well as the emissions compliance capabilities of the engine platform.
Rich Freeland, Cummins Vice President and President of Engine Business, said, “The application of ISG engine will create the foundation for us to expand the width and depth in China's truck market – one of the largest in the world – and where robust demand will continue to drive growth as China is implementing tougher emissions standards for environmental and sustainable benefits. The cooperation on ISG once again demonstrates our shared commitment to the environment. That commitment has resulted in us creating a product line that will not only please our customers, but will further cement our commitment to ensuring that everything we do leads to a cleaner environment.”
About Foton Motor
Beiqi Foton Motor Co. Ltd., established in 1996, has quickly grown into world’s largest producer in volume in the commercial vehicle industry, and the leading maker of light-duty and heavy-duty trucks. Foton's product line includes trucks, buses, SUVs, pickup trucks and vans. With 40,000 employees, Foton produced more than 670,000 total vehicles in 2013. Further information can be found at www.foton.com.cn.
About Cummins Inc.
Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service diesel and natural gas engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Headquartered in Columbus, Indiana, (USA) Cummins currently employs approximately 48,000 people worldwide and serves customers in approximately 190 countries and territories through a network of approximately 600 company-owned and independent distributor locations and approximately 6,500 dealer locations. Cummins earned $1.48 billion on sales of $17.3 billion in 2013. Press releases can be found on the Web at cummins.com or cumminsengines.com. Follow Cummins on Twitter at twitter.com/cumminsengines and on YouTube at youtube.com/cumminsengines.
Source: Cummins Inc.