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.
