- Equipment World - http://www.equipmentworld.com -
Does Volkswagen want a piece of Navistar?
Posted By Tom Jackson On June 12, 2012 @ 10:56 pm In Construction Blog,Uncategorized | No Comments
The move, should it happen, would give VW some heavy diesel muscle to compete against Daimler, which owns Freightliner.
Navistar could use a friendly investor. The company posted a loss in the last quarter due to warranty claims, and the stock is down to its 2008 level. But VW may have to fight for it’s prize. Others including Fiat and Oshkosh are said to be eyeing this legendary brand as well.
Article printed from Equipment World: http://www.equipmentworld.com
URL to article: http://www.equipmentworld.com/does-volkswagen-want-a-piece-of-navistar/
URLs in this post:
 smackdown : http://www.equipmentworld.com/court-rejects-epa’s-navistar-engine-exemption/#more-34819
 Volkswagen may want to buy a stake in Navistar.: http://www.autoblog.com/2012/06/12/vw-mulling-stake-in-u-s-truckmaker-navistar/
Copyright © 2012 Equipment World -- Development. All rights reserved.