General Motors Co. and Navistar reached a long-term agreement to develop and assemble future medium-duty, conventional-cab Class 4/5 commercial vehicles.
The future products will be jointly developed using Navistar rolling chassis configurations and manufacturing capabilities, and GM’s commercial components and engines. The vehicles are slated for production in 2018 and will be manufactured at Navistar’s facility in Springfield, Ohio. Navistar plans to add 300 jobs and invest more than $12 million in facility upgrades and state-of-the-art equipment to produce the new vehicles.
Specific terms of the agreement were not disclosed. Additional product information will be announced later.