Volkswagen to Take Big Stake in Navistar – Wall Street Journal

Posted: Tuesday, September 06, 2016

Volkswagen AG plans to buy a minority stake in Navistar International Corp. to provide a foothold in the U.S. and bolster its global truck-market aspirations, according to people familiar with the situation.

The proposed transaction, which could be announced as early as Tuesday, comes as Navistar deals with the fallout from a run-in over emissions regulations and a declining market share that has left it trailing rivals in a North…

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