Navistar eyes India

  • 04-Aug-2008 08:37 EDT

Navistar signed a joint-venture agreement with Mahindra & Mahindra to produce diesel engines for medium and heavy commercial trucks and buses in India. The joint venture, to be named Mahindra International Engines, will be 51% owned by Mahindra & Mahindra and 49% owned by Navistar. The combined investment of the two companies will be $90 million through 2012. This marks the second joint venture with Mahindra & Mahindra, following a 2005 joint venture that today makes light, medium, and heavy commercial vehicles for India and export markets. The new company’s advanced diesel engines will power the full line of trucks and buses produced by the new venture beginning in 2009. Engine components will be sourced locally, up to 85% within two years due to the strong availability of quality parts and materials from Indian suppliers.

Share
HTML for Linking to Page
Page URL
Grade
Rate It
0.00 Avg. Rating

Read More Articles On

2017-03-14
International Truck recently unveiled its all-new engine for the Class 8 market called the International A26, in addition to a new initiative called Project Alpha, which brought together a small team of powertrain engineers dedicated to a new perspective on engine development.
2016-08-26
To optimize the fan-shroud shape to maximize cooling air mass flow rates through the heat exchangers of heavy-duty trucks, researchers from Argonne National Lab, Cummins and CD-Adapco used the Adjoint approach to optimization.
2016-08-26
FEV researchers conducted a study to understand the challenges of downsizing a diesel engine from a six-cylinder 7.5-L to a four-cylinder 5.0-L while maintaining performance. They pursued four technology paths.
2016-09-16
A new piston and pin concept and a high-temperature-resistant, low-friction coating result in reduced friction and lower fuel consumption for commercial vehicle engines.

Related Items

Standard
2015-10-15
Article
2017-02-22
Training / Education
2011-04-12
Training / Education
2017-09-25