Navistar, MAN team up to provide engines, components in U.S.

| Monday, December 06, 2004

Navistar International Corp. and MAN Nutzfahrzeuge AG of Munich, Germany, have signed a strategic agreement to collaborate on design, development, sourcing and manufacturing of components and systems for commercial trucks, including a range of diesel engines.

Daniel C. Ustian, Navistar chairman, president and CEO, noted that both International and MAN have extensive experience and expertise and seek to benefit from each other’s technologies and combined volumes for economies of scale.

Jack Allen, president of International’s Engine Group, said both companies have agreed to not comment on any specific components or applications at this time for competitive reasons.

“We have a strategic collaboration agreement with MAN and we are exploring a number of opportunities to expand our International engine product line and to offer the value of integrated products for our customers,” Allen said. “We see potential opportunities as we collaborate on design, development, sourcing and manufacturing of components and systems.”

MAN Nutzfahrzeuge is the largest company in the MAN Group and an international manufacturer of commercial vehicles.

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