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Farmall & IHC Tractors Discussion Forum
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Navistar buys GMC lineup of medium duty Trucks

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Janicholson

02-24-2008 14:22:09




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To all who ponder of the destiny of Navistar (AKA International Harvester)
GM (the corporation) has sold its medium duty truck business to Navistar. Navistar will be continuing to build trucks under the International brand, class 4 through 8 trucks and tractors. And now to include TopKick & Kodiak trucks under the GMC and Chevrolet Brand names. Source is: Motor Trend Page 15 March 2008.
What a deal, JimN

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Spook

02-24-2008 21:54:46




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 Re: Navistar buys GMC lineup of medium duty Trucks in reply to Janicholson, 02-24-2008 14:22:09  
I think it will be good for both everybody. GM will focus on the cars and light trucks, Navistar gets a new line that has a 20% + market share. What is Navistar's current market share? Will this give them a majority? If so, that would be a huge plus. Navistar also gets a large, established dealer network, it might help it sell other products.



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LenND

02-24-2008 19:05:30




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 Re: Navistar buys GMC lineup of medium duty Trucks in reply to Janicholson, 02-24-2008 14:22:09  
Must be contagous, Ford sold their medium and heavy duty trucks to Freightliner(Daimler) in 1997 and named them Sterling. According to one artical I read GM only sold like 30,000 in 2006. Might be a good deal who knows. Dodge quit making this size trucks twenty ?? years ago.



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CNKS

02-24-2008 17:03:00




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 Re: Navistar buys GMC lineup of medium duty Trucks in reply to Janicholson, 02-24-2008 14:22:09  
Sounds like outsourcing to me. The link says they will still be GMC and Chevy's, probably transparant to consumers. This is old news, but since I don't keep up with it, news to me.



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Red Mist

02-24-2008 16:30:21




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 Re: Navistar buys GMC lineup of medium duty Trucks in reply to Janicholson, 02-24-2008 14:22:09  
Jim: No doubt, a sign of the financial strain GM is under these days. Good for Navistar, however. mike



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