VW trucks division open to taking over Navistar -CFO [Reuters]
Navistar Intl Corp (NAV)
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Source: Reuters
VW trucks division open to taking over Navistar: CFO | Reuters Reuters Staff 1 Min Read MUNICH (Reuters) - Volkswagen’s ( VOWG_p.DE ) heavy-truck division sees taking over U.S. commercial truck partner Navistar International Corp ( NAV.N ) would to eventually make sense. VW’s truck and bus division acquired a 16.9 percent stake in Navistar in 2016 as it aims to broaden its international footprint and become a major force in the global trucks market. “(Taking over Navistar) would make sense at some point,” Matthias Gruendler, the division’s finance chief, told reporters on Thursday. Reporting by Andreas Cremer; Editing by Arno Schuetze All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2018 Reuters. All Rights Reserved.
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