Macquarie Downgrades Navistar International (NAV) to Underperform
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Navistar Announces Wide-Ranging Strategic Alliance With Volkswagen Truck & Bus
September 6, 2016 6:59 AM EDTLISLE, Ill., Sept. 6, 2016 /PRNewswire/ -- Navistar International Corporation (NYSE: NAV) today announced that it has formed a wide-ranging strategic alliance with Volkswagen Truck & Bus, which includes an equity investment in Navistar by Volkswagen Truck & Bus and framework agreements for strategic technology and supply collaboration and a procurement joint venture.
The agreements expected to be entered into in connection with the alliance... More
