VW Makes Plans for Navistar Purchase

June 14, 2012

Transportation sources report that Volkswagen is considering purchasing part of Navistar in order to  place it in a position to compete with Daimler and Freightliner in the U.S. truck business.

Reports cite Financial Times Deutschland for the report, although the publication does not name sources for the information. It says VW is in preliminary examination of the deal.