suntimes
TOUGH 
Weather Updates

Volkswagen considers a stake in Navistar

Updated: June 12, 2012 2:26PM



Volkswagen is vying for a stake in U.S. truckmaker Navistar International, the Financial Times Deutschland reported on Sunday.

The paper reported that Volkswagen, which also recently announced its plans to virtually double its production in China, is looking to expand to the U.S. market through Navistar. The Times reports Volkswagen hopes to better compete with Daimler Trucks, the world’s largest commercial vehicle maker and owner of the U.S. truck brand Freightliner. Reuters reports: http://suntm.es/KwixuF



© 2014 Sun-Times Media, LLC. All rights reserved. This material may not be copied or distributed without permission. For more information about reprints and permissions, visit www.suntimesreprints.com. To order a reprint of this article, click here.