MUNICH, Germany – Volkswagen is showing interest in acquiring a majority of Navistar “at some point,” building on a minority stake that has already been secured.
Volkswagen Truck and Bus acquired 16.6% of Navistar in 2016, and has already committed to developing a joint big bore powertrain for the North American market, as well as a medium-duty electric powertrain. Now Volkswagen’s commercial arm is also preparing for a potential stock listing as it looks to take on other global manufacturers including Daimler and Volvo.
HANOVER, GERMANY – Customers will profit from a truck manufacturer that uses a global approach, Daimler exec Renschler said, but one that understands regional needs. Plus, new products from the OEM.
Jason Rhyno talks competition with Daimler’s Andreas Renschler and Martin Daum how it makes you better.