According to a trucking industry news service, Paccar is in preliminary discussions to acquire Navistar International's medium - and heavy - duty truck operations, which could end up strengthening its position as one of the world's largest truck makers. Paccar, which had $8.6 billion in sales in 1999, has not taken the more serious step of due diligence, and has not made an offer. It has been reported that officials with Chicago-based Navistar initially approached Paccar to start the talks.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable