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Navistar

Truck and Bus News

NAVISTAR AND TU-SIMPLE TEAM UP FOR AUTONOMOUS DEVELOPMENT

July 20, 2020 Jon Thomson

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 […]

Truck and Bus News

CLARKE STANDS DOWN AS NEW NAVISTAR CEO COULD SIGNAL TRATON DEAL IS CLOSE

June 29, 2020 Staff Writer

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 […]

Truck and Bus News

NAVISTAR SEEKING CASH TO RIDE OUT COVID CRISIS

May 11, 2020 Jon Thomson

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 […]

Truck and Bus News

TRATON PUSHING ON WITH NAVISTAR TAKEOVER DESPITE COVID CRISIS

April 23, 2020 Jon Thomson

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. […]

Truck and Bus News

NAVISTAR HAS TO ACCEPT TRATON OFFER SAYS LEADING US BUSINESS WRITER

February 25, 2020 Jon Thomson

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 […]

Truck and Bus News

SCANIA TO SELL MINING TRUCKS INTO CANADA THROUGH NAVISTAR TRATON ALLIANCE

November 5, 2019 Jon Thomson

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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