Navistar International Corporation is negotiating a long-term supply agreement with AB Volvo of Sweden for the supply of 12- to 13-litre engines for its International Class 8 trucks.

"In the face of industry consolidation and concerns regarding future emissions standards and timing, we want to ensure that International customers and dealers have access to a 12- to 13-litre Class 8 engine," the company said in a statement.

"Thus, we have signed a letter of intent and are negotiating a long-term agreement with Volvo to supply us.

"We will continue to offer diesel engines from other suppliers."

To view related research reports, please follow the links below:-

The World's Truck Manufacturers (download)

PriceWaterhouseCoopers Global Supplier Report