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Navistar still looks to buy GM medium-duty line

Published Wednesday, February 25, 2009

Navistar is still interested in the possibility of acquiring General Motors’ medium-duty truck unit, Navistar chairman, CEO & president Dan Ustian said this week, according to a Reuters report. Speaking at the Reuters Manufacturing Summit in Chicago, Ustian said that Navistar has no interest in GM’s medium-duty truck plant in Flint, MI. However, Isuzu began negotiations with GM to buy the Flint plant earlier this month, according to the Associated Press. General Motors announced last February it would sell its medium-duty business to Navistar, but the deal fell through over the summer ...

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