In response to the ongoing COVID-19/coronavirus pandemic, auto- and truck makers are announcing extended production and factory closures.
Clean vehicle technology is advancing by leaps and bounds, but the direction it is moving is not always clear. A panel discussion at a recent alt fuel conference explored global trends in the space and the need for more certainty.
News reports out of Germany indicate that Volkswagen Truck & Bus GmbH is open to taking over Navistar International Corp.. VW already holds a 16.9% share in the U.S. company via a “wide-ranging strategic alliance," which was announced back in 2016.
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.
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