Cummins Reviewing Emissions Certification and Compliance Process for Its Pickup Truck Applications

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    COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) today announced that the company is formally
    reviewing its emissions certification and compliance process for its
    pickup truck applications.

    Following conversations with the U.S. EPA and CARB regarding
    certification for the engines in the 2019 RAM 2500 and 3500 trucks, the
    company made the decision to review its certification process and
    compliance with emissions standards. This review is being conducted with
    external advisors to ensure the certification process for Cummins pickup
    truck applications is consistent with its internal policies, engineering
    standards and applicable laws. Cummins has voluntarily disclosed the
    review to our regulators and other agencies and will cooperate with them
    to ensure a complete and thorough review and implement recommendations
    for improvement.

    Cummins strives to be a leader in developing and implementing
    technologies that provide customers with the highest performing products
    that also have the least impact on the environment, and it has a long
    history of working with governments and regulators to achieve these
    goals. Cummins remains committed to ensuring that its products meet all
    current and future emissions standards and delivering value to our
    customers.

    About Cummins

    Cummins Inc., a global power leader, is a corporation of complementary
    business units that design, manufacture, distribute and service a broad
    portfolio of power solutions. The company’s products range from diesel
    and natural gas engines to hybrid and electric platforms, as well as
    related technologies, including battery systems, fuel systems, controls,
    air handling, filtration, emission solutions and electrical power
    generation systems. Headquartered in Columbus, Indiana, (USA) Cummins
    employed 62,610 people committed to powering a more prosperous world as
    of December 31, 2018. Cummins serves customers in approximately 190
    countries and territories through a network of approximately 600
    company-owned and independent distributor locations and over 7,600
    dealer locations. Cummins earned about $2.1 billion on sales of $23.8
    billion in 2018.

    Forward-looking disclosure statement

    Information provided in this release that is not purely historical are
    forward-looking statements within the meaning of the Private Securities
    Litigation Reform Act of 1995, including statements regarding our
    forecasts, guidance, preliminary results, expectations, hopes, beliefs
    and intentions on strategies regarding the future. These forward-looking
    statements include, without limitation, statements relating to our plans
    and expectations for our revenues and EBITDA percentage for the full
    year of 2019. Our actual future results could differ materially from
    those projected in such forward-looking statements because of a number
    of factors, including, but not limited to: the adoption and
    implementation of global emission standards; the price and availability
    of energy; the pace of infrastructure development; increasing global
    competition among our customers; general economic, business and
    financing conditions; governmental action; changes in our customers’
    business strategies; competitor pricing activity; expense volatility;
    labor relations; and (i) any adverse results of our internal review into
    our emissions certification process and compliance with emissions
    standards; (ii) a sustained slowdown or significant downturn in our
    markets; (iii) our truck manufacturing and OEM customers discontinuing
    outsourcing their engine needs; (iv) the development of new
    technologies; (v) the discovery of any significant additional problems
    with our engine platforms or aftertreatment systems in North America;
    (vi) performance or safety-related recalls; (vii) policy changes
    impacting international trade; (viii) the United Kingdom’s decision to
    end its membership in the European Union; (ix) lower than anticipated
    market acceptance of our new or existing products or services; (x) a
    slowdown in infrastructure development and/or depressed commodity
    prices; (xi) vulnerability to supply chain shortages from single-sourced
    suppliers; (xii) potential security breaches or other disruptions to our
    information technology systems and data security; (xiii) financial
    distress or a change-in-control of one of our large truck OEM customers;
    (xiv) our reliance on significant earnings from investees that we do not
    directly control; (xv) our pursuit of strategic acquisitions and
    divestitures; and (xvi) other risks detailed from time to time in our
    SEC filings, including particularly in the Risk Factors section of our
    2018 Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.
    Shareholders, potential investors and other readers are urged to
    consider these factors carefully in evaluating the forward-looking
    statements and are cautioned not to place undue reliance on such
    forward-looking statements. The forward-looking statements made herein
    are made only as of the date of this press release and we undertake no
    obligation to publicly update any forward-looking statements, whether as
    a result of new information, future events or otherwise. More detailed
    information about factors that may affect our performance may be found
    in our filings with the SEC, which are available at http://www.sec.gov
    or at http://www.cummins.com
    in the Investor Relations section of our website.

    Contacts

    Jon Mills
    Director – External Communications
    Phone: (317)
    658-4540
    Email: [email protected]