Volvo to supply truck engines to Navistar
VOLVO TO SUPPLY TRUCK ENGINES TO NAVISTAR AB Volvo's business unit Powertrain has signed a Letter of Intent and is negotiating a long-term agreement with International Truck and Engine Corporation, a wholly-owned subsidiary of Navistar International Corporation, regarding the supply of 12 litre engines to International. "This is a very exciting development for business unit Powertrain", says the Volvo Group's President and CEO, Leif Johansson. "At a time when our North American truck operations are faced with serious challenges, this opportunity for growth within Volvo Powertrain is most