Showing posts with label MWM. Show all posts
Showing posts with label MWM. Show all posts

Friday, 7 October 2016

Will VW have an impact on MWM in Brazil?

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.

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.