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While sales rose 9 percent to $3 billion, the company cited restructuring and warranty costs as the main reasons for the loss. A day earlier, the company announced it would be closing its engine foundry in Indianapolis, resulting in the loss of 100 jobs and costing $11 million. The company estimated annual savings of $13 million in operating costs.
An early Cummins diesel in a 1950 Indianapolis 500 roadster Columbus main plant (1973) The Cummins Engine Company was founded in Columbus, Indiana on February 3, 1919, by mechanic Clessie Cummins and banker William Glanton Irwin. [3] The company focused on developing the diesel engine, which was invented 20 years earlier. Despite several well ...
The 2014 Camping World RV Sales 301, on July 13, at New Hampshire Motor Speedway, was the final NASCAR race televised on TNT in its fourteen years with TNT and marked the end of NASCAR's total 32-year run on Turner Sports, dating back to 1983; in the wake of former co-partner NBC signing a new agreement to televise races from the major NASCAR ...
On October 2, 2014, Berkshire Hathaway Automotive, an auto dealership subsidiary, was created through the acquisition of Van Tuyl Group, the remaining largest auto dealer in the nation and independently owned up to that date. It is the fifth-largest with ownership of 81 dealerships and revenues of $8 billion. [107] [108]
In June 2010, sales to individual customers at dealerships increased 13% while fleet sales rose by 32%. [111] In the first seven months of 2010, fleet sales of Ford for the same period rose 35% to 386,000 units while retail sales increase 19%. [112] Fleet sales account for 39 percent of Chrysler's sales and 31 percent for GM's. [112]
Sales passed 250,000 in 1914. By 1916, as the price dropped to $360 for the basic touring car, sales reached 472,000. [23] By 1918, half of all cars in the United States were Model Ts. All new cars were black; as Ford wrote in his autobiography, "Any customer can have a car painted any color that he wants so long as it is black."
Joe Robbie Stadium (1987–1996); Pro Player Park (1996) Pro Player Stadium (1996–2005) Dolphins Stadium (2005–2006) Dolphin Stadium (2006–2009) Land Shark Stadium (2009–2010)
[44] [45] Studebaker, subsidiary of a long-established wagon and coach manufacturer, started to build cars in 1897 [46]: 66 and commenced sales of electric vehicles in 1902 and petrol vehicles in 1904. [47]
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