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GM and Navistar Reach Tentative Agreement on Medium Duty Truck Business

Discussion in 'Chevy Car Forum' started by ChevyFan, Dec 22, 2007.

  1. ChevyFan

    ChevyFan November Beard Grower - Cancer Fighter Staff Member 5+ Years 5000 Posts

    [ Chevrolet USA ]
    [​IMG]
    General Motors Corporation (NYSE: GM) and International Truck and Engine Corporation, the principal operating subsidiary of Navistar International Corporation (Other OTC: NAVZ), have entered into a non-binding memorandum of understanding under which Navistar would purchase certain assets, intellectual property and distribution rights for GM's medium-duty truck business, the two companies announced today. ...

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