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Navistar

Navistar International Corporation has named Kevin Sheehan to its board of directors, effective immediately. Sheehan replaces Daniel Ninivaggi, who resigned from the board after more than a year of service.

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Navistar Adds to Board of Directors

Navistar International Corporation named Christian Schulz to its board of directors, effective immediately. Schulz replaces Matthias Gründler, who previously resigned from the Navistar board after serving more than a year as a director.

Volkswagen Clarifies Position on Navistar Takeover in SEC Filing

Volkswagen AG cooled expectations that it is moving to take over Navistar International in an April 18 filing with the Securities and Exchange Commission. However, in the same statement, the Germany-based OEM left the door open for its Volkswagen Truck & Bus GMbH subsidiary to possibly acquire U.S.-based Navistar at some later date.