Somehow, under the cover of COVID, the departure of Volkswagen’s truck supremo Andreas Renschler, from the board of the German auto giant and as head of its Traton truck operation, almost went unnoticed in July, […]
Navistar International has announced it has teamed up with autonomous truck startup company, TuSimple, forging a partnership with the goal of co-developing self-driving prime movers, with the target of production by 2024. The two companies […]
Navistar International has announced that long time chief executive officer Troy Clarke will stand down this week and hand over the running of the corporation Persio Lisboa, who will become president and chief executive officer […]
Navistar is tapping into the private debt market to raise working capital as a strategy for navigating the coronavirus-pandemic recession. The company is using a provision in the US federal Securities Act of 1933 that […]
While the spread of the COVID-19 coronavirus has caused widespread disruption and blown trillions of dollars out of the global economy, it’s done nothing to quell Volkswagen Traton’s bid to purchase US truck maker Navistar. […]
A leading US business writer has said that Navistar should take the money Traton has offered for it without delay, or risk being consigned to history. Crane Business writer Joe Cahill says that after years […]
In a clear indicator that VW’s Traton commercial vehicle spin off will move to strenghten ties with Navistar in the US, it has announced that its Scania brand and Navistar intend to study a mutually […]
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