It will be interesting
to see what happens to MWM International in Brazil when Volkswagen AG’s two
board members take their place round the table at Navistar International
Corporation.
As the world's leading provider of confidential insider information from 1979 to 2000, Auto Industry Newsletter has now re-emerged by popular request to provide chief executives with the insight necessary to meet today's challenges. Editor: John Mortimer
Showing posts with label MWM. Show all posts
Showing posts with label MWM. Show all posts
Friday, 7 October 2016
Monday, 14 July 2014
Clarke to put Navistar up for sale?
Is it in the mind of
Troy Clarke, chief executive officer of Navistar International Corporation to
sell the company, once he has righted the storm-battered vessel?
One
has to think so, going by statements he made to editorial staff of Transport Topics recently. But judge for
yourself from reports of his comments which gave hints of a sell-off.
Saturday, 25 January 2014
Navistar putting MWM up for sale?
According
to US news agency Bloomberg, heavy duty truck maker Navistar Inc. is exploring its
options for MWM, its South American truck-engine business. One option may be to
sell the unit.
Last May, this newsletter posed the question: Navistar:
has it too many engine plants? Clearly the issue of Navistar International’s
engine overcapacity, coupled with a growing closeness to Cummins Inc., suggests
the topic of conversation in Navistar’s board room has stretched beyond the
fate of its three engine plants in the US.
Wednesday, 19 June 2013
Navistar’s Clarke: Three into one is a must
Troy
Clarke, Navistar International’s chief executive officer has let it be known
the company has still not finalised its engine strategy.
Clarke, announcing second
quarter results, now admits the company will decide by “the end of the year” how
to deal with a situation where the company has three engine facilities but only
needs one.
Many expected this month
that Clarke would spell out in detail how engine overcapacity could be
resolved, but clearly more time is needed to deal with what is a very sensitive
issue.
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