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Vehicle manufacturer Volkswagen AG said last week that it completed the purchase of a majority stake of fellow German truck producer MAN SE, opening the way to becoming “a new top player on the global truck market.”

Cummins Inc. said Tuesday its third-quarter profit rose 60% from a year ago, but the engine maker trimmed its full-year revenue outlook due to “uncertainty around the macro-economic environment.”

Manufacturing activity in the Philadelphia region increased in October, the Federal Reserve Bank of Philadelphia said Thursday.

Daimler AG has pledged to protect the jobs of its permanent employees through 2016, Bloomberg reported Wednesday.

U.S. manufacturing activity rose in September, showing continued expansion for the 26th consecutive month, the Institute for Supply Management said Monday.

Daimler AG and a large Chinese truck maker have received Chinese government approval for their joint venture to build medium- and heavy-duty trucks and engines for the domestic market and for export.

Manufacturing activity in the New York region contracted in September for the fourth straight month, the Federal Reserve Bank of New York said Thursday.

NAPA, Calif. — North America’s largest heavy-duty truck maker is struggling to find the parts necessary to build all the trucks it has agreed to supply to fleets during 2011, and has had to turn down “thousands” of orders, according to a senior company official.

Cummins Inc. remained the top U.S. heavy-duty engine builder in the first half of this year, but its market share dropped by more than 6% from the comparable period of 2010 as truck manufacturers placed more of their in-house power plants in their new vehicles.