When did Ford sell Cummins?
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Logistics Pro
Joined: Apr 2010
Posts: 4,446
Likes: 25
From: Panama City, FL
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?
i ain't rite
Joined: Mar 2005
Posts: 65,515
Likes: 5,567
From: Marlboro Mental Hospital.
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.
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.
Cargo Master
Joined: Oct 2007
Posts: 2,712
Likes: 107
From: BoCoMo
Elder User
Joined: Dec 2012
Posts: 841
Likes: 0
From: Monroe, MI
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.
....I just laughed and rolled my window back up.
Cargo Master
Joined: Jul 2011
Posts: 2,670
Likes: 975
From: Walpole, MA
Shareholders Major CMI Cummins Inc including Fund and Institutional
Hotshot
Joined: Jan 2002
Posts: 17,988
Likes: 207
From: La La Land
The link above should certainly cause the doughnuts to be bought!
No FoMoCo to be seen anywhere.
Good job, Chris!
Pop
No FoMoCo to be seen anywhere.
Good job, Chris!
Pop
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1st Gear
Joined: May 2024
Posts: 1
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Wow bro
As a share holder you are partial owner. So you ate wrong there. Also cause you said they sold it back in 97. So by being a share holder and partial owner you just sound ignorant. Sorry but if you hols more then 0.5555555559% of any stock you are a partial owner. So please educate yourself. And yeah I'm an idiot. But at least I knew this.
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FTE Community Team
Joined: Dec 2023
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From: sussex county, nj
As a share holder you are partial owner. So you ate wrong there. Also cause you said they sold it back in 97. So by being a share holder and partial owner you just sound ignorant. Sorry but if you hols more then 0.5555555559% of any stock you are a partial owner. So please educate yourself. And yeah I'm an idiot. But at least I knew this.
