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When did Ford sell Cummins?

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Old 05-22-2013, 12:28 PM
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When did Ford sell Cummins?

I know Ford use to own Cummins but when did they sell them? Having a discussion at work and a couple guys still believe Ford owns cummins. Does anybody have a link to prove it?
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Old 05-22-2013, 12:49 PM
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ford never sold cummins, because ford never owned cummins.
in 94 ford bought 1.3 million shares of cummins stock, or about 3% of the available common shares. and sold it back to cummins in 97.
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Old 05-22-2013, 12:53 PM
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Quote:
Originally Posted by robbragiel View Post
I know Ford use to own Cummins but when did they sell them? Having a discussion at work and a couple guys still believe Ford owns cummins. Does anybody have a link to prove it?
Might as well see what some Cummins guys say.....

Ford owns Cummins! - Dodge Cummins Diesel Forum
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Old 05-22-2013, 01:05 PM
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I got into an argument like that once....it was just the other way around lol kid tried talking smack when i was picking up my sister from high school after work and told me cummins made powerstroke ....I just laughed and rolled my window back up.
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Old 05-22-2013, 07:18 PM
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Thanks guys, buy showing them this, they have to buy the donuts tomorrow morning for the whole class im in. You guys are always saving me money.
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Old 05-24-2013, 02:46 PM
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Quote:
Originally Posted by robbragiel View Post
I know Ford use to own Cummins but when did they sell them? Having a discussion at work and a couple guys still believe Ford owns cummins. Does anybody have a link to prove it?
Looks like State Street Corp is the largest owner of Cummins...

Shareholders Major CMI Cummins Inc including Fund and Institutional
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Old 05-24-2013, 08:04 PM
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The link above should certainly cause the doughnuts to be bought!

No FoMoCo to be seen anywhere.

Good job, Chris!

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