Management & Operations

Navistar unit, San Marino plan joint bus venture

Posted on September 4, 2008

Two leading companies based in Latin America intend to form a partnership to help meet the growing demand for public and commercial transportation solutions around the globe.

Camiones y Motores International de Mexico, S.A. de C.V. (“CMI”), the Mexico-based subsidiary of Navistar Inc., and San Marino Ônibus e Implementos LTDA (“San Marino”), a Brazilian bus body builder, have signed a memorandum of understanding to form a joint venture to manufacture commercial bus bodies, which will be distributed as commercial integrated buses through the IC Bus Dealer channel beginning in 2009.

The proposed venture is expected to begin by serving the Mexico and Latin American market with mid-size and midi bus models distributed under the IC brand. Future growth potential includes expanding sales into additional products and other world markets, including the U.S. and Canada.

View comments or post a comment on this story. (0 Comments)

More News

Minn. Metro Transit shutting down part of light rail system for 11 days

Maintenance project includes replacing sections of tracks, upgrading switches, and repairing concrete and overhead wires.

Minn. Metro Transit shutting down part of light rail system for 11 days

Maintenance project includes replacing sections of tracks, upgrading switches, and repairing concrete and overhead wires.

INIT, Sacramento launch region-wide smart card fare collection system

The system incorporates nine transit agencies covering six counties within the Sacramento region serving a population of 2.5 million.

BYD America expands executive leadership

Milo Victoria will serve as GM, while Bobby Hill has been promoted to VP, U.S. sales.

LA Metro to be 'Guest of Honor' at European Mobility Exhibition

The exhibition is designed to encourage the sharing of mobility best practices, develop innovation, and tackle the transition from private vehicles to sustainable mobility, especially in major cities.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close