Thursday, March 2, 2017

VW Closes on 16.6% Stake in Navistar, Forms Close Alliance

Navistar International Corporation (NYSE: NAV) has  announced the closing of its wide-ranging strategic alliance with Volkswagen Truck & Bus, which includes an equity investment in Navistar by Volkswagen Truck & Bus and framework agreements for a procurement joint venture and strategic technology and supply collaboration. Now, Volkswagen Truck & Bus has acquired approximately 16.2 million […]

The post VW Closes on 16.6% Stake in Navistar, Forms Close Alliance appeared first on Fleet News Daily.



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