Volkswagen
is reportedly looking into taking a stake in heavy truck maker Navistar International in an attempt to gain ground on rival Daimler. Reuters references a Financial Times Deutschland report as saying such a move would give VW a leg up on Daimler Trucks, which holds the keys to U.S.-based Freightliner.

Navistar International hasn't performed particularly well in recent months. Last quarter saw the truck maker post a second quarter loss tied to warranty costs. The news sent the company's stock down by 28 percent to its lowest level since 2008.

The current Volkswagen portfolio includes both MAN and Scania, though neither of those commercial truck brands offer any presence in the sizable U.S. market. But Navistar has other suitors beyond Volkswagen. Investor Carl Icahn has voiced his desire for the company to merge with Oshkosh Corporation. Icahn increased his stake in Navistar by 12 percent last Friday. Meanwhile, Fiat CEO Sergio Marchionne has made it clear he wants to delve into the U.S. big rig market as well.


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    • 1 Second Ago
  • 35 Comments
      Mchicha
      • 2 Years Ago
      Perhaps Ford or GM should get into this truck maker?
        Kevin Holden
        • 2 Years Ago
        @Mchicha
        Ford did, and the 7.3 was the only good thing out of them.
          metusmetu
          • 2 Years Ago
          @Kevin Holden
          One of the top two diesel pickup engines out there, next to Cummins that is, sorry I'm biased.
      Stars_Fan
      • 2 Years Ago
      Run away VW. We call them Intertrashinals at work because they are always breaking down.
      fernand755
      • 2 Years Ago
      HP has become 1 step lower than the Inquirer. Why do you have to tease with the headline that VW is looking to buy a US automaker when Navistar makes only trucks!. Even The National Inquirer would not go as low as the Huffington Post. Shame on you for continuing to put out pseudo journalism.
      Fred
      • 2 Years Ago
      Thanks notorious6, I never knew that, I used to drive an Western Star.
        Jo
        • 2 Years Ago
        @Fred
        I think Western Star is Canadian; Peterbuilt, until 5 yrs. ago or so, were built in Madison, TN, near Nashville...who owns them, I don't know.
          allanfz
          • 2 Years Ago
          @Jo
          Peterbilt also has a manufacturing plant in Denton ,Tx. I didn't know that Paccar ( Pacific Car And Foundry ) was owned by a Japanese group.
      C4RBON
      • 2 Years Ago
      I'd be surprised if anyone would want Navistar after today's court ruling; Navistar is likely to be barred from selling engines in the US because they can't meet emissions regulations.
      ME
      • 2 Years Ago
      Does anyone even purchase these in the LoneStar, long haul version? Most of the international trucks I see are smaller box trucks or day cab haulers.
      Jesus!
      • 2 Years Ago
      Thats a great idea. A company that has it's own quality issues buying a company who cannot build a diesel. VW is the next GM and Toyota.
      nsxrules
      • 2 Years Ago
      A company with a horrendous quality/reliability record (VW) buying a company with a warranty costs problems sounds like a mariage made in heII.......
      mylz
      • 2 Years Ago
      Well navistar makes a great engine. VW diesel not so much... that is one sweet looking semi truck though!
        Mike
        • 2 Years Ago
        @mylz
        Ya just look how great the 6.0 and 6.4 was for the Ford Super Duty years ago. Ford ditched Navistar and built a better diesel in house.
      Drakkon
      • 2 Years Ago
      Apparently Navistar hired the entire Pontiac 'Department of Uglification.'
      A P
      • 2 Years Ago
      This needs to be stopped right now. The worst thing to EVER happen to US business' is German control.....Just ask Chrysler about the BILLIONS stolen from Chrysler from Daimler then the company left to die. Germans businessmen are just the worst. Europe is dying from socialistic policies and they are searching for ways to get money out of Europe.
      • 2 Years Ago
      [blocked]
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