Navistar Could Be Taken Over by Volkswagen

Back to
Today's News

The Wall Street Journal reported a possibility that Volkswagen will take full control of Navistar.

Volkswagen, which brought in a new chief executive last week, owns 17% of Navistar, according to the Journal.

According to the Journal, new chief executive Herbert Diess wants to “accelerate the pace of change at Volkswagen,” and an initial public offering could be on the horizon.

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
Susie Angelucci
Advertising: 484.459.3016

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.