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(Reuters) - Truck engine maker Cummins said on Friday it expects to take nearly $2.04 billion in charge in the fourth quarter as it reached an agreement to resolve regulatory claims on its emissions certification and compliance for certain engines.
The company, which first disclosed a review in 2019, has already recalled certain RAM trucks with its powertrains and has previously accrued $59 million as estimated costs for executing the recalls.
In its latest quarter, it had raised fiscal 2023 revenue forecast on robust demand after its results beat market expectations.
(Reporting by Nathan Gomes in Bengaluru; Editing by Arun Koyyur)
