Until two weeks ago, Navistar was the only OEM in the North American market without true international ties. Volkswagen was a major European player without a stake in North America.
That changed when the two announced Volkswagen obtained a 16.6 percent stake in Navistar.
Executives from the two companies met recently with the North American press to discuss the new partnership.
“We are looking forward to a successful alliance,” said Andreas Renschler, CEO of Volkswagen Truck & Bus during that gathering. “Navistar needs what we can offer drivetrain-wise – including engine, transmission and axle. [Volkswagen] is at the moment developing new product lines, and we can put all the requirements from Navistar into that development.”
Jeff Crissey is the editor of our sister publication Commercial Carrier Journal, and was at that briefing. Read his story to get a deeper look at the marriage of these two manufacturers.
