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Volkswagen’s alliance with Navistar approved

Volkswagen’s alliance with Navistar approved

The intended cooperation between Volkswagen Truck & Bus and American truck manufacturer Navistar has been approved by authorities. Volkswagen invests 256 million dollar in the US firm, gaining the Germans a 16,6% stake in Navistar.  With this transaction the young truck division of Volkswagen gains a serious foothold on the American truckmarket. As part of…Continue Reading

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