Meantime in the wake of Andreas Renschler’s departure from Volkswagen’s Traton, the truck and bus division has increased its offer for Navistar International shares to US$43 per share in cash. Traton said last week that […]
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 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. […]
Andreas Renschler, boss of Volkswagen’s commercial vehicle arm, Traton has given his first public views on the company’s cooperation with Japanese truck maker Hino, since the MOU between the two was signed in September 2018. […]
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 […]
As Truck and Bus has been predicting for some time, Volkswagen’s commercial vehicle arm, Traton, has finally made a firm bid to take over the remaining 83 per cent of US truck maker Navistar, that […]
Volkswagen’s global commercial vehicle group Traton has announced its 2019 sakes result was up 4 per cent on 2018 despite a 7 per cent dip in its European order intake during the year. Traton says […]
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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