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11-06-2007, 11:40 PM
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Cummins is now selling nearly twice as much engines as CAT
Quote:
The company said it is reviewing its strategic options for its highway engine unit, and any move would take place after 2010. Heavy-duty truck engines sales have lagged as customers made purchases last year ahead of stricter U.S. emissions standards. Caterpillar's market share for the engines fell to 21 percent through August this year, 8 percentage points below the same period last year.
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http://www.bloomberg.com/apps/news?p...87&refer=home&...
Quote:
Even though this market is down significantly from the prior year, the
Company continues to gain market share, reflecting customer preference for
Cummins' emissions-compliant products. Through August, the Company held a
market-leading 36 percent share of the North America Class 8 truck engine
market, compared to 27 percent at the end of 2006.
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http://www.newswire.ca/en/releases/a.../25/c8116.html
29% share to 21% share 2006 vs 2007 to august for CAT
27% share to 36% share 2006 vs 2007 to august for cummins
Considering CAT used to have a 38% market share, this is huge.
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11-06-2007, 11:52 PM
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translated to cold hard numbers, using the same period(beginning to august) of class 8 truck sales:
Cat sold 60,882 units in 2006, 33,887 in 2007
Cummins sold 56,683 in 2006, 42,067 in 2007
Cat has sold 26,995 less engines this year
Cummins sold 14,616 less engines this year
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11-06-2007, 11:52 PM
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Let's see, more power, better fuel mileage, lower maintenance and repair costs, don't know why anyone would go Cummins
I know with my Cummins I can walk away from our trucks that have the Cat motor running up the pass on I-70 West of Denver and the Cummins get 1/2 to 1 MPG better in our trucks.
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11-07-2007, 12:02 AM
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Where is DDC in this. I was with Cummins plant 1 during the 90's and everyday was a dogfight for marketshare. Cat Cummins and DDC each had about 1/3 of the market, What has the CAT stock prices done, what has the CUMMINS stock prices done? I would rather have a CUMMINS, but I am biased. CUMMINS puts a lot of time and research into their products. I left when that 600 hit the market which they modeled after the A model CAT. The ISX is a detuned Sig 600.
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11-07-2007, 12:06 AM
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Combined, the Series 60 and MBE 4000 enjoy 27% of the Class 8 Market.
I'll try to find more.
Detroit is going to continue to slip, because they're only available in freightshakers.
I think cummins is the way of the future.
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11-07-2007, 12:20 AM
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So what? Since when, the "market share", is mean "quality"? :roll:
"Freightshaker", i believe, still has the largest "market share", is it mean it's the best? :P
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11-07-2007, 12:29 AM
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You cannot really compare the two.
Freightliner deals more with fleets.
When someone goes to buy a truck, EVERYONE has aero trucks now, so if they're concerned about fuel mileage, they can go to either make.
What we're clearly seeing, is that with higher fuel(now averaging $3.31 a gallon) people are going away from the cat engines.
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11-07-2007, 02:34 AM
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Quote:
Originally Posted by allan5oh
What we're clearly seeing, is that with higher fuel(now averaging $3.31 a gallon) people are going away from the cat engines.
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Well, may be that's not CAT's to blame, but people who drive it? :P
I'm averaging 7.01mpg since new(330,000+miles), and 7.4 mpg for the last couple month(slowed down a bit) but still don't drive 60mph(except OH).
And my best week, was 8.1mpg... :wink: 8)
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11-07-2007, 02:36 AM
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Well I'll say it again, that's simply amazing.
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11-07-2007, 02:45 AM
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Thanks Allan!
You know, when i was considering of buying this truck, I've asked the folks at a CAT dealership in Girard, OH (I do all my engine work there, and we are quiet friendly), how is the fuel economy on those Acerts, from what they hear?
They said;-Why do you care? You'll still do better! :lol: 8)
They still keep printout from my old 3406E "kitty" 550hp, just to show some folks, what CAT's could do, if treated properly! :wink:
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