GM, Navistar Reach Agreement on Medium Duty Trucks


GM and Nav­is­tar have entered into a non-bind­ing agree­ment for Nav­is­tar to take over GM’s medi­um duty truck busi­ness. It includes assets and intel­lec­tu­al prop­er­ty rights to man­u­fac­ture GMC and Chevy vehi­cles in the class 4–8 vehi­cle weight range. Nav­is­tar would sell trucks through GM’s pro­pri­etary deal­er net­work.