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Tag: Volkswagen heavy trucks
Class 7-8
Volkswagen exec hints at Navistar takeover
Barely more than 13 months ago, Volkswagen Truck and Bus acquired approximately 16.2 million newly issued shares of Navistar stock for $256 million, and one high-level executive hinted this morning the German automaker could one day be after a large slice. At a recent press briefing, VW Truck and Bus Chief Finance Officer Matthias Gruendler said a […]
April 18, 2018
Battery electric
Toyota, Volkswagen strike deal to develop electric, autonomous trucks
Toyota and Volkswagen have announced a partnership that will see the Japanese and German rivals working together to develop autonomous and electric trucks. As reported by the Financial Times, Toyota’s Hino heavy truck division and Volkswagen Truck & Bus GmbH will “cooperate broadly in procurement and logistics in addition to hybrid engines, connectivity and other […]
April 13, 2018
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