Hamburg / Frankfurt Volkswagen apparently succeeds with a partnership with the US truck maker Navistar the long-awaited jump to the important US market. The Wolfsburg planned a cooperation with the smallest US truck manufacturer, said three people familiar with the plans on Monday told Reuters.
Volkswagen will supply truck engines to the Americans, said one of the insiders. The cooperation will be underpinned by a stake of Volkswagen in the truck maker, is well-known for beefy tractors. The agreement was expected to be announced on Tuesday. Volkswagen did not comment on it. Navistar could not be reached for comment.
Diesel gate is always more expensive
While the Wolfsburg in cars -Business arguing with Toyota the world market leadership, they play a major role in truck only in Europe. This will VW Truck & amp; Bus boss Andreas Renschler change. He had repeatedly made clear that this includes the presence in the US.
Unlike Daimler and Volvo Volkswagen with its two truck brands MAN and Scania in this important market for heavy vehicles previously not active. Therefore, there is speculation in the industry for some time, VW could take over in the US a truck farmer or enter into a cooperation. Possible partners Paccar and Navistar were called. The ability to build the business in the US under its own power, VW had rejected as too expensive.
Renschler had recently reveal in Reuters interview that he is working on a solution for entry into the United States. About his plans he stayed but covered. “You need the right moment to do the right step. And you need a little way lucky. “In China, the chief Trucker by VW in the course of internationalization plans to further expand the cooperation with the domestic truck manufacturer Sinotruk, in which MAN holds about a quarter of the shares.