Navistar, Caterpillar Set China Truck Venture
Navistar International Corp. and Caterpillar Inc. are in discussions with a Chinese firm to set up a truck- and engine-making venture in China, Bloomberg reported Thursday, citing a Chinese newspaper report.
Anhui Jianghuai will hold a 50% stake in the venture, with Caterpillar and Navistar owning the rest, the Shanghai newspaper said, Bloomberg reported, China’s National Business Daily.
Caterpillar and Navistar will invest cash and technology into the venture, which will use existing Jianghuai production facilities, the report said.
The venture will make heavy and medium-sized trucks and be set up next month, according to the paper.
Caterpillar, which said earlier this month it planned new partnerships in China, said last year it will pull out of the North American Class 8 truck engine market by 2010, except for a partnership with Navistar.
Views:0
Submit Your Requirements, We Are Always At Your Service.
- VW Offers $2.9bn for Control of US Truckmaker Navistar 2020-02-04
- Navistar Posts Its First Annual Profit Since 2011 2017-12-21
- VW Teams Up with Navistar to Introduce Medium-Duty Electric Truck in 2019 2017-09-30
- Navistar Brings Electric Medium-Duty Truck in North America 2017-09-28
- JAC Navistar Diesel Engine Company Foundation Ceremony Held in Hefei 2014-09-15
- Navistar to Move Mid-range Engine Production out of Huntsville 2014-02-21
- Navistar Begins Supply of DuraStar Vehicles 2014-01-06
- HD Trucks of JAC-Navistar under Approval 2013-07-15
- Navistar Launches Terra Star 4X4 Truck 2013-06-03
- JAC Navistar MaxxForce engine debut in Engine China 2012 2012-09-14
- Foton, COSCO Shipping Move to Secure Capacity as China’s CV Exports Rise
- The 11th DISCOVERY TRUST Awards Successfully Held in Beijing, China
- Chinese Heavy Truck Makers Shift to Value-Driven Global Expansion
- Shandong Heavy Industry and Kazakhstan’s Karaganda Region Ink New Deal
- China’s Diesel Trucks are Shifting to Electric
- Indonesia’s State-led Firm Set to Purchase 320,000 Vehicles
- SANY Truck and Pony.ai to Mass-Produce Gen-4 Autonomous Trucks in 2026
- FOTON Boosts Local Manufacturing in South Africa
- Office Closure for National Day Holiday
- FORLAND Rolls Out Its 6.8 Millionth Vehicle
- China Heavy Truck Sales Fall to 73,600 Units in February
- China’s Medium-Duty Truck Sales Fall to 8,125 Units in February, 2026
- China’s February Light Truck Sales Fall 23% to 117,200 Units
- China’s Mini Truck Sales Rise 15% in February to 41,500 Units
- China’s Light Truck Market Rises 8% in January 2026 to 323,500 units
- China’s Pickup Sales Reach Five-Year January High as Market Momentum Builds
- Heavy Truck Sales Soar 46% to 105,400 Units in January 2026
- January Medium Truck Sales Hit 14,100, Up 33%
- China’s Truck Exports Top 1 Million Units for the First Time in 2025
- China Tractor Truck Sales Up 54% in Dec., 2025 Full-Year Sales 460,000 Units
