THE CAR AND TRUCK FLEET AND LEASING MANAGEMENT MAGAZINE
Volkswagen AG cooled expectations that it is moving to take over Navistar International in an April 18 filing with the Securities and Exchange Commission. However, in the same statement, the Germany-based OEM left the door open for its Volkswagen Truck & Bus GMbH subsidiary to possibly acquire U.S.-based Navistar at some later date.
Navistar has signed an agreement with TPI Composites to design and develop Class 8 trucks with lighter-weight frame rails and body panels crafted from composite materials.
International Truck’s new HV Series is designed with driver needs in mind — not to mention uptime and productivity.
Truck and engine manufacturer Navistar International Corp. on Thursday reported its net loss grew during its fiscal first quarter compared to a year ago, but one top official insisted the company is headed in a positive direction.
Volkswagen has developed a battery-electric powered distribution truck and is working on additional electric solutions for medium- and heavy-duty distribution transport for the European market.
Just two weeks after revealing they had forged a “wide-ranging strategic alliance,” the chief executives of Volkswagen Truck and Bus and Navistar International Corp. fielded questions from North American journalists covering the massive IAA truck show opening this week in Hannover, Germany.
Volkswagen Truck & Bus is taking a 16.6% equity stake in Navistar International Corp. as part of a “wide-ranging strategic alliance” that will initially focus on providing powertrains for Navistar trucks starting in 2019.
In addition to advanced materials and components, OEMs are making the next generation of trucks more connected than ever before.
The order consists of 2,293 vehicles based on WorkStar vocational chassis to support the Afghanistan Security Forces, with first deliveries in January.
Ford and United Auto Workers officials Wednesday morning drove the symbolic first unit of its new F-650/750 series off the line at its Ohio Assembly Plant near Avon Lake amid cheers that followed congratulatory speeches. Photos: Tom Berg