Navistar to buy MAN?
http://cdn-2-service.phanfare.com/images/external/4957656_2188279_31986031_Full_3/0_0_05d6df088956d6ecca96d6d742752e72_1 The possibility of Navistar using Caterpillar’s money to buy Volkswagen’s share in MAN has been broached by industry commentator Oliver Dixon in his World Truck’s Blog.
The agreement by the European authorities to approve Volkswagen’s takeover of Scania has led to speculation about the future of MAN. Dixon reckons Navistar will have new confidence and funds after their recent deal with Caterpillar.
By buying the VW owned MAN shares Navistar can then become a global player marrying their strong presence in the US with MAN’s strength in Europe and combining their brands to sell throughout the rest of the world.
Idle speculation or a real possibility? Who knows. Dixon was talking about Cat pulling out of highway engines nearly two years before it happened. Watch this space!
Dixon’s Blog can be checked daily here on etruck http://truxtop.wordpress.com/ as Ollie comes out of left field with analysis and speculation about developments in the world of the global truck manufacturers examining the complex relationship between the players.
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