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Westport Innovations Inc. Message Board

  • knrme60 knrme60 May 10, 2012 1:21 PM Flag

    RE the Cummins Deal ...

    This comment is very interesting ...
    "Westport's joint venture with Cummins once again brought in the majority of revenue at $52.7 million, growing 110% from a year ago, and the two companies extended their partnership for 10 years. CEO David Demers specifically addressed Cummins' decision to build a spark-ignited 15-liter engine, saying, "We wish them well. We simply believe that we have better returns available to us elsewhere." Others have pointed out that the spark-ignited engine does not provide the same torque that Westport's high-pressure direct-injection engines do, so it seems the two will not be directly competing.

    Westport also experienced revenue gains of 65% in its heavy-duty division and 49% in its joint venture with Weichai in China."

    Just one Cummins engine size is involved..and Cummins technology is questionable yet ...At some point when the institutions finally finish the selling this has to be a screaming buy...

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