Cummins, JAC Motors Form Joint Venture Partnership

Cummins, Inc. (NYSE: CMI) and Anhui Jianghuai Automobile Co., Ltd. (JAC Motors) (SH: 600418) announced today that the two parties will form a 50:50 joint-venture after Cummins purchased Navistar’s 50 percent equity in the JAC-Navistar Diesel Engine Co. (JND).

Solid Blue Bird Fiscal 2018 Second Quarter Financial Performance Supports Achievement of Full Year Guidance

Macon, GA. — Blue Bird Corp. (“Blue Bird”) (NASDAQ: BLBD), the leading independent designer and manufacturer of school buses, announced today its fiscal 2018 second quarter results. Blue Bird Corporation delivered higher revenue, up 4 percent from the prior year, positive net income of $1.8 million and solid Adjusted EBITDA of $10.0 million.  Positive earnings were delivered despite higher commodity costs.