Navistar, JAC Win China Government OK for Diesel-Engine Joint Venture

摘要

Navistar announced August 22 that the Chinese government granted formal approval for a commercial truck diesel-engine joint venture with Anhui Jianghuai Automobile (JAC). “The joint venture will focus on meeting the emerging needs of the Chinese commercial-truck market by providing JAC with access to Navistar’s Euro-IV and Euro-V compliant technology,” according to Navistar.