In response to the ongoing COVID-19/coronavirus pandemic, auto- and truck makers are announcing extended production and factory closures.
VW Truck Signals Interest in Acquiring All of Navistar
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.