Login
HomeNews & Reviews
NewsLatest NewsTechnologyCar NewsElectric CarsBike News

ComparisionMotorsportUpcoming CarsBusiness NewsOpinion
ReviewsCar ReviewsFirst DriveBike ReviewsComparisonRoad Test
Latest News
Hyundai India Crosses Domestic Sales of 9 Million Vehicles Since 1996 Kia Clavis MPV Teased Ahead Of May 8 Launch Ferrari 296 Speciale, 296 Speciale Aperta Bring Added Power, Improved DynamicsBMW R 1300 RT UnveiledNew BMW R 1300 RS Unveiled
Videos
Expert Reviews
Car ReviewsBike ReviewsFirst Look
News & Episodes
The car&bike NewsThe car&bike ShowIn Conversation With
Categories
TravelogueThe car&bike AwardsCar Crash Tests
Latest Videos
Lamborghini Temerario V8 PHEV launched in India: The ₹6 crore HYBRID supercar!ROYAL ENFIELD HIMALAYAN 450 Vs GUERRILLA 450: WHICH ONE SHOULD YOU PICK?Aprilia Tuono 457 3 Reasons Eng F
New Cars
Explore
Find CarsCompare CarsUpcoming CarsFind Car DealersFind Car Service Centers
Research
Newly Launched CarsElectric CarsPopular CarsAutomatic CarsBest Mileage Cars
Trending Cars
2025 Toyota CamryKia SyrosMahindra BE 6Mahindra XEV 9eMercedes-Benz G 580 EV
Popular Car Comparision
Kia Seltos vs Hyundai CretaHyundai Verna vs Honda CityMaruti Suzuki Fronx vs Maruti Suzuki BalenoMaruti Suzuki Brezza vs Tata NexonMaruti Suzuki Jimny vs Mahindra Thar
Upcoming Cars
Kia New CarensHyundai PalisadeSkoda KamiqMaruti Suzuki e-VitaraTata New Altroz
By Budget
Cars Under ₹ 10 LakhCars Under ₹ 15 LakhCars Between ₹ 15 - ₹ 25 LakhCars Between ₹ 25 - ₹ 40 LakhCars Over ₹ 40 Lakh
By Lifestyle
Affordable CarsAdventure CarsHatchback CarsSedan CarsSUV Cars
By Brand
Tata CarsMaruti Suzuki CarsKia CarsMahindra CarsHyundai Cars
New Bikes
Explore
Find BikesCompare BikesUpcoming BikesFind Bike DealersFind Bike Service Centers
Research
Newly Launched BikesElectric BikesPopular BikesAdventure BikesBest Mileage Bikes
Trending Bikes
Ducati Panigale V4TVS RoninHero Vida V2Bajaj Freedom 125 CNGTriumph Scrambler 400 X
Popular Bike Comparisions
Honda Activa 125 FI vs TVS Ntorq 125Honda Activa 6G vs TVS JupiterHonda Activa 125 vs TVS JupiterBajaj Pulsar RS 200 vs Hero Karizma ZMRTVS Apache RR 310 vs Royal Enfield Bullet 350
Upcoming Bikes
Yamaha YZF R7Bajaj 2025 Dominar 400Indian New ChieftainKTM 390 SMC RBenelli New TNT 300
By Budget
Bikes Between ₹ 50K - ₹ 70KBikes Between ₹ 70K - ₹ 1LBikes Between ₹ 1L - ₹ 3LBikes Above ₹ 3L
By Lifestyle
Affordable BikesCommuter BikesScootersSports BikesCruiser Bikes
By Brand
Royal Enfield BikesHero BikesHonda BikesTVS BikesYamaha Bikes
Used Cars
Used Cars by Budget
Used Cars Under ₹ 3 LakhUsed Cars Under ₹ 5 LakhUsed Cars Under ₹ 8 LakhUsed Cars Under ₹ 10 Lakh
Used Cars by Model
Used Maruti Suzuki Wagon RUsed Maruti Suzuki SwiftUsed Mahinda ScorpioUsed Maruti Suzuki Swift Dzire
Used Cars by Brand
Used Maruti Suzuki CarsUsed Hyundai CarsUsed Mahindra CarsUsed Honda Cars
Used Cars by Body Type
Used SUVUsed HatchbackUsed SedanUsed MUV
Used Cars by Fuel
Used Petrol CarsUsed Diesel CarsUsed Petrol & CNG CarsUsed Electric Cars
Used Cars by Transmission
Used Manual CarsUsed Automatic CarsUsed AMT Cars
Used Car in Top Cities
Used Cars in DelhiUsed Cars in PuneUsed Cars in NoidaUsed Cars in Mumbai
More on Used Cars
Valuate Your CarIndian Blue BookDownload Latest IBB ReportUsed Car Dealers
Sell CarAwards 2025

Navistar Rejects Traton's Buyout Offer, Calls It Starting Point

Navistar International Corp on Monday rejected Volkswagen truck unit Traton's buyout offer of $43 per share, but said it was a starting point for exploring a possible transaction.The German automaker has raised its $35 per share January offer as it looks to increase its 16.6% stake in the U.S. truck maker Navistar acquired in 2016.
Calendar-icon

By Reuters

clock-icon

1 mins read

Calendar-icon

Published on September 15, 2020

Follow us on

google-news-icon
Story

Highlights

    Navistar International Corp on Monday rejected Volkswagen truck unit Traton's buyout offer of $43 per share, but said it was a starting point for exploring a possible transaction. The German automaker has raised its $35 per share January offer as it looks to increase its 16.6% stake in the U.S. truck maker Navistar acquired in 2016.

    Also Read: Volkswagen's CEO Herbert Diess Drives The Tesla Model Y

    volkswagen navistar electric truck

    Traton and Navistar have been collaborating on purchasing and developing electric vehicle technology.

    Analysts at Jefferies have said Navistar is worth at least $45 a share. The company said Traton's proposal significantly undervalues it.

    The truck sector faces pressure to consolidate and share the costs of developing low-emission technologies. Traton and Navistar have been collaborating on purchasing and developing electric vehicle technology.

    # Volkswagen# Traton Group# Navistar# German automaker# Traton# Auto Industry
    Stay updated with automotive news and reviews right at your fingertips through carandbike.com's Google News

    Related Articles

    • Skoda Auto Volkswagen India has said that in case of frontal collisions, the rear seatbelts could fail, causing injuries to rear seat passengers; over 47,000 units manufactured between May 2024 and April 2025 affected.
      Skoda Kylaq, Slavia, Kushaq Recalled Over Faulty Seatbelts; Volkswagen Taigun, Virtus Also Affected
    • The ID.Era was one of three concept vehicles unveiled by Volkswagen at the Shanghai Motor Show 2025, each developed by one of the firm’s joint ventures in China.
      VW ID.Era SUV Concept Previews Brand’s First Range Extender EV; Offers Over 1000 Km Range
    • The new-gen Tiguan arrives in a single fully loaded variant as a CBU import.
      Volkswagen Tiguan R-Line Launched In India At Rs 49 Lakh
    • Despite outselling its rivals, the Virtus is a hard case of heart over mind. What makes it click?
      Volkswagen Virtus Review: 3 Reasons To Buy And 3 Reasons To Avoid
    • The Tiguan R-Line will be offered in six exterior colours and will be powered by the familiar 2.0-litre TSI turbo-petrol engine.
      New Volkswagen Tiguan R-Line Bookings Open

    Latest News

    • The company entered the Indian market in 1996 with the first car to launch being the Santro hatchback in 1998.
      Hyundai India Crosses Domestic Sales of 9 Million Vehicles Since 1996
    • The Clavis will sit above the Carens in the brand’s India portfolio.
      Kia Clavis MPV Teased Ahead Of May 8 Launch
    • The upgraded 296 GTB and GTS benefit from improved aero, additional weight savings and motorsport-derived powertrain upgrades.
      Ferrari 296 Speciale, 296 Speciale Aperta Bring Added Power, Improved Dynamics
    • The R 1300 RT is the successor to the R 1250 RT and is now powered by BMW’s 1300 cc boxer-twin engine
      BMW R 1300 RT Unveiled
    • The BMW R 1300 RS is the fastest and sharpest handling boxer sport tourer based on a completely re-engineered 1,300 cc, liquid-cooled boxer engine.
      New BMW R 1300 RS Unveiled
    • Skoda Auto Volkswagen India has said that in case of frontal collisions, the rear seatbelts could fail, causing injuries to rear seat passengers; over 47,000 units manufactured between May 2024 and April 2025 affected.
      Skoda Kylaq, Slavia, Kushaq Recalled Over Faulty Seatbelts; Volkswagen Taigun, Virtus Also Affected
    • The Temerario ditches the naturally-aspirated V10 for a twin-turbocharged V8 mated to three electric motors
      Lamborghini Temerario Launched In India At Rs 6 Crore
    • The second-gen C5 Aircross will hit European markets in the second half of 2025 and sits on Stellantis’ STLA Medium platform.
      New-Gen Citroen C5 Aircross SUV Retains Concept Car Looks; Gets Hybrid & Electric Powertrain Options
    • Isuzu’s first EV to go into production, the EV pickup truck sits on a re-engineered version of the D-Max platform
      Isuzu D-Max EV Unveiled; Has Dual-Motor Setup, 66.9 kWh Battery Pack
    • Based on the Mercedes-AMG Vision concept from 2022, the new all-electric sedan will be built on the all-new AMG.EA platform
      Upcoming Mercedes-AMG Performance Sedan Teased Ahead Of June Debut

    Popular Volkswagen Models