Engine maker Cummins and Japanese truck manufacturer Isuzu have announced  they have formalised the memorandum of understanding they had previously signed to create the Isuzu Cummins Powertrain Partnership agreement creating the business structure to bring new diesel and diesel-based powertrains to market globally.

The statement said that through the Powertrain Partnership, the two companies share the commitment to leverage their technical strengths to jointly develop leading architectures for global customers.

Cummins and Isuzu committed to form an alliance board and to assign a dedicated team from each company to continue to explore potential opportunities in product technology development, procurement and manufacturing.

Isuzu Motors President Masanori Katayama said in a statement that Isuzu and Cummins recognise the advanced diesel engine is and will continue to be, an important power choice for global customers in commercial vehicle and industrial applications.

“This is especially true in developed countries where power sources are used for high-intensity operations, as well as in emerging countries where social infrastructure conditions are severe,” Katayama said.

The announcement comes as Cummins celebrates the 100th anniversary of its founding by Clessie Cummins in 1919.

The statement says Cummins and Isuzu have been leaders in technological innovation in complementary regions of the world and goes on to say that together they believe there may be opportunities to benefit from each other’s unique strengths to drive global growth.