Cummins Cuts Full-Year Outlook as North American Pickup Demand Weakens
Cummins says weaker-than-expected North American pickup-truck demand hurt third-quarter results and is expected to persist through year-end. CEO Jennifer Rumsey made the remarks in prepared earnings comments.
Cummins trims its full-year outlook, citing weaker-than-expected demand for pickup trucks in North America. The trend hurt the company's third-quarter results and is expected to persist through the end of the year, CEO Jennifer Rumsey says in prepared earnings remarks. Cummins notches sales of $9.4…