Navistar is going to be bought by Volkswagen

Discussion in 'Trucks [ Eighteen Wheelers ]' started by TheDudeAbides, Oct 17, 2020.

  1. TheDudeAbides

    TheDudeAbides Medium Load Member

    374
    454
    Dec 5, 2014
    San Antonio, TX
    0
    Not sure if anyone saw this on Friday but VW’s truck division Traton is buying Navistar. I heard about it a few weeks ago and bought Navistar stock for $35 and Friday it jumped to $43 so i made a few bucks in the process. Be interesting to see how this all shakes out
     
    D.Tibbitt and Lostkeys Thank this.
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. daf105paccar

    daf105paccar Road Train Member

    6,564
    7,290
    Apr 15, 2012
    0
    They allready owned part off it.
    Where do you think the LT engine comes from?
     
  4. buddyd157

    buddyd157 Road Train Member

    13,439
    34,299
    May 25, 2017
    under a shade tree
    0
    well, tiny, little "beep-beep" horns are soon to follow.

    given vw's record for "fixing" emissions rules, they might be well deserved to stock pile money for the upcoming federal lawsuits.
     
    BoxCarKidd, magoo68 and D.Tibbitt Thank this.
  5. supersnackbar

    supersnackbar Road Train Member

    16,905
    38,024
    Aug 19, 2007
    Your Town, USA
    0
    Where are they getting the money? They own Porche, they own Bugatti (for which they take a loss for every hyper-car sold), they own Audi, they own Lamborghini, they own Ducati

    I drove a VW Golf hatch back rental coming back from orientation earlier this week...honestly, the Nissan Altima I took up to orientation was waaay better as far as performance and mpg's
     
  6. buddyd157

    buddyd157 Road Train Member

    13,439
    34,299
    May 25, 2017
    under a shade tree
    0
    • SEAT
    • ŠKODA
    • Bentley
    • Bugatti
    • Lamborghini
    • Porsche
    • Ducati
    • Scania
    • MAN
    Who Owns Volkswagen? | Lindsay Volkswagen of Dulles
     
    650cat425 Thanks this.
  7. daf105paccar

    daf105paccar Road Train Member

    6,564
    7,290
    Apr 15, 2012
    0
  8. Heavyd

    Heavyd Road Train Member

    7,625
    6,023
    Feb 4, 2009
    0
    So far VW has no influence in the day to day operation of Navistar or International that we can see at the dealer level. We understand VWs plan is to enter the North American heavy truck market and buying Navistar is how they want to accomplish that.
     
  9. AModelCat

    AModelCat Road Train Member

    27,627
    144,554
    Jul 7, 2015
    Canuckistan
    0
    When has partnering with Navistar ever worked out well? The 6.0L Powerjoke still has lawsuits against it and the CAT truck was a major flop.
     
  10. Heavyd

    Heavyd Road Train Member

    7,625
    6,023
    Feb 4, 2009
    0
    IKR? Nothing like the two biggest diesel scammers getting in bed together.
     
    Goodysnap, spsauerland and Flint1 Thank this.
  11. daf105paccar

    daf105paccar Road Train Member

    6,564
    7,290
    Apr 15, 2012
    0
    North America was the missing link in their worldwide plan.
     
    spsauerland and Heavyd Thank this.
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.