Navistar and Traton have agreed in principle to a deal for the acquisition of Navistar International Corp. by Volkswagen’s truck and bus unit for $3.69 billion.
Traton on Sept. 10 upped the ante in its offer to buy all outstanding shares of common stock of Navistar International Corp.
Navistar said an electric truck will be the first vehicle off the line at its new San Antonio production facility when it opens in the spring of 2022. The news came as part of the company’s third-quarter earnings release.
CharIN E.V. aims to advance EV adoption by promoting the Combined Charging System as the global standard.
Navistar announced a new facility in Rochester Hills, Mich., will house its NEXT eMobility Solutions business unit.The building will serve as the technical lead location for NEXT and will include design, engineering, and analysis of all its electric vehicles and batteries.
A collaboration between Navistar and TuSimple will accelerate testing and proving of technology capable of running commercial trucks at full driverless Level 4 operation by 2024.
Navistar, Inc. is recalling approximately 27,421 model-year 2017-2020 International trucks due to an electric fuel heater malfunction.
In response to the ongoing COVID-19/coronavirus pandemic, auto- and truck makers are announcing extended production and factory closures.
International Truck’s new lightweight HV50B mixer package removes over 1,000 pounds of weight from the truck, with engineering optimizations that allow drivers to haul up to 9.75 cubic yards of concrete while staying under 66,000 pounds GVW.
According to the company, International Trucks is the first OEM to cover medium-duty vehicles in its Certified Pre-Owned program.