Navistar, Caterpillar announce new joint venture company

  • 16-Sep-2009 04:51 EDT

Navistar International Corp. and Caterpillar Inc. have formed a new joint venture company, NC2 Global LLC, to serve the global commercial truck market. Navistar and Caterpillar first announced plans to form a joint venture in June 2008 and have identified the leadership team of the new entity that will establish its headquarters in the Chicago area. The 50:50 joint venture will develop, manufacture, and distribute commercial trucks with an initial focus on markets including Australia, Brazil, China, Russia, South Africa, and Turkey. NC2’s product line will feature both conventional and cab-over truck designs and will be sold under both the CAT and International (Navistar) brands. Separately, Navistar and Caterpillar continue to work on design and development of a new proprietary, purpose-built, heavy-duty Cat vocational truck for the North American market. The trucks, manufactured in Navistar’s Garland, TX, facility, will be sold and serviced through the CAT North American Dealer network and are scheduled for full production in mid-2011.

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

Read More Articles On

2017-09-06
New Holland is ramping up its focus on vehicles that burn alternative fuels, unveiling the prototype for a methane-powered tractor set for introduction in the 2020 time frame. The engine slashes operating costs, reduces emissions and cuts noise.
2017-09-11
Volvo CE partners with Waste Management, the California Energy Commission and CALSTART to test the 50% more-efficient LX1 prototype.
2017-08-30
The fully operational Urban Hauler EV daycab tractor unveiled Aug. 29 can travel up to 100 miles (160 km) on a charge, from its 140-kWh battery pack. An engine-generator option, employing Cummins B4.5 or B6.7 engines, can extend the range to about 300 miles (480 km).
2017-08-08
Custom-tailored for the Indian market and its demanding customer requirements by Daimler AG, the BharatBenz brand product portfolio features medium- and heavy-duty segments as well as an all-new heavy-duty range added in 2017.

Related Items

Training / Education
2017-10-19
Training / Education
2013-04-09
Technical Paper / Journal Article
2011-09-13
Training / Education
2013-04-09
Book
2009-03-30
Book
2014-01-21