FRANKFURT, Germany — Volkswagen’s trucks division is close to announcing a partnership with U.S.-based rival Navistar International, three sources told Reuters, in the latest example of a deal driven by emissions regulations.
Volkswagen has agreed to supply engines to Navistar in exchange for a 19.9 percent stake in the truckmaker, one of the sources, who declined to be named, told Reuters.
The financial burden of developing next generation engines to meet new emissions standards is forcing several vehicle makers to pursue partnerships and technology deals.
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What do you think? Will the next generation of motorhomes include Volkswagen engines to comply with new emissions rules announced last month by the Environmental Protection Agency?