Deutz is investing in hybrid systems and alternative fuels, while also developing advanced low emission packages. The company is developing electric power options for off-highway equipment following its purchase of Torqeedo, a firm supplying electric power units for sale into the marine sector. A key move is its innovative hybrid powertrain, being unveiled in prototype form. This is aimed at use in compact machines such as small wheeled loaders or telehandlers and features a small diesel engine that runs
Deutz is forecasting low double-digit revenue growth in 2014 after describing 2013 as an “encouraging year” for the German company.
Last year saw improvements in all the diesel engine manufacturer’s key performance figures, despite the sluggish global market.
And the company says tipped 2014 revenue growth is likely to be coupled with a moderate improvement in the EBIT margin excluding one-off items, which the firm expects to rise to above 4.0%.
In 2013, the Deutz Group received orders worth €1,649.7 mil
The shift toward a circular economy approach is key to the transition towards net zero carbon emissions. At Volvo Construction Equipment (Volvo CE), keeping construction machines – and their parts – in action for longer, to maximise their useful life, is a core part of its sustainability ambitions.