Volkswagen’s commercial vehicles division is eager to enter the U.S. heavy truck market, and it just found a partner to help pull it off.
Volkswagen Truck & Bus has announced it will buy a 16.6 percent stake in U.S. truck maker Navistar International Corp., a share buy worth $256 million. Both companies hope to save money (and make more of it) through the technology-sharing deal, with joint products on the horizon. (Read More…)
To keep up with demand for its midsize pickups, General Motors signed a deal to have Navistar International Corp. take on the task of assembling its commercial vans.
The agreement, released yesterday, will see Navistar assemble the Chevrolet Express and GMC Savana in a Springfield, Ohio plant starting early next year. Booting the vans out of GM’s Wentzville, Missouri plant frees up capacity to build more Chevy Colorado and GMC Canyon pickups. (Read More…)
Ford Motor Co. has agreed to settle a class-action lawsuit over claims that the Navistar made Power Stroke diesels in its 2003-07 Super Duty pickups and E-series vans were defective. The 6 liter V8 diesel engines, now discontinued, had a variety of problems involving the fuel system, turbochargers and other components.
The settlement covers anyone who bought or leased a ’03-’07 Ford truck equipped with the 6 liter Power Stroke.
According to the settlement, any U.S. purchaser or lessee of a 2003-07 Ford vehicle equipped with the 6-liter Power Stroke diesel engine is covered if the vehicle’s exhaust gas recirculation (EGR) cooler and EGR valve, oil cooler, fuel injectors, or turbocharger was repaired, replaced or adjusted prior to 135,000 miles or six years. Ford will reimburse deductibles paid under the trucks’ original five year / 100,000 mile drivetrain warranty, up to $200. (Read More…)
Another day, another disappointment for American fans of the Indian automaker Mahindra’s rugged, diesel-powered trucks. Earlier rumors that Mahindra might build its trucks with Navistar in Alabama turn out to be false, as a press release published at MahindraPlanet notes
MUMBAI, India, December 17, 2011 /PRNewswire via COMTEX/ — “There have been reports in certain quarters of media and online space stating that Navistar USA will produce Mahindra’s T20 and T40 pick ups in Alabama, USA in 2012, which are completely baseless & incorrect. If & when there are any material developments, Mahindra & Mahindra Limited will communicate them directly and transparently.”
If you haven’t given up on the Mahindra dream, now might be a good time to consider it…
This is one of my favorite music knock offs, the Hindi version of Europe’s “The Final Countdown”. My point? If the folks at Mahindra Planet are right, it’s only a matter of time before the Bollywood Music types rip off Skynyrd’s classic, “Sweet Home Alabama.” Which will be pretty awesome, I assure you!