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Traton, Hino Team up for Electric-Vehicle Development

Two global commercial vehicle makers, Germany’s Traton SE and Japan’s Hino Motors Ltd., have signed a joint venture agreement to develop electric commercial vehicles, both battery-electric and fuel-cell versions.

Traton Ups Navistar Offer

Traton on Sept. 10 upped the ante in its offer to buy all outstanding shares of common stock of Navistar International Corp.