Volkswagen intends to buy shares of company Navistar heavy truck industry challenges Daimler 66814

19 Nov

Volkswagen intends to buy shares of company Navistar heavy truck industry challenges Tencent Daimler Automotive News Beijing on September 7th news, according to Automotive News Network reported, according to an insider, Volkswagen plans to acquire U.S. Navistar International Corporation (Navistar International Corporation) about 19.9% of the shares, the two sides agreed purchase price per share of about $16. At present, Volkswagen commercial vehicles business department is working to build itself into a global type truck maker, and therefore acquired Germany heavy truck manufacturer MAN and Swedish manufacturer Scania company. The Navistar international company is also seeking engine manufacturing technology partners, to ensure the production vehicle own engine to meet the increasingly stringent emission regulations. To the general public, Navistar international is very attractive for their cooperation, because the latter has a large distribution network in North America, which is the lack of public. The person in charge of the Volkswagen Group commercial vehicle business department as Shile (Andreas Renschler) is eager to find a long-term strategic foothold in North America, thus to challenge rivals and his former club daimler. Sources said the acquisition will be the fastest open on Tuesday.相关的主题文章: