Cummins Has Navistar Beat
It was the best of truck makers, it was the worst of truck makers. Excuse me for appropriating Charles Dickens' A Tale of Two Cities, but that's how I feel after reading today about the hideous quarter of Navistar (NAV) and comparing it to the blowout quarter its principal competitor Cummins (CMI) reported a month ago.
You can't talk enough about execution in this business, particularly if you are a global manufacturer, because some companies have it and others don't. Cummins has it. The company has a golden touch, taking advantage of the latest technology and building foolproof engines that are the envy of the world....348 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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