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Navistar in JV talks with Chinese engine maker

Published Friday, October 30, 2009

Just months after forming a global truck venture with Caterpillar, Navistar has acknowledged it is engaged in conversations with Anhui Jianghuai Automobile Co. (JAC) to possibly form a joint engine venture for the Chinese market. The venture, if formed, would be a 50-50 partnership to supply diesel engines for vehicles in China as well as possible export markets, Navistar said in a release. The deal would also include a research and design center in China’s Anhui province for engineering, product design and technological advancements. “This proposed joint venture would bring ...

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