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

Ford Motor Co. alum joins Keolis team

Rahul Kumar was appointed as the new executive VP of Market Development and Innovation.

Ferrell announces resignation as SORTA CEO/GM

Ferrell, whose contract was supposed to go through 2019, said it is something he has been pondering for a while, according to a report.

LA Metro's Wiggins named CEO of Metrolink

Wiggins replaces Art Leahy who announced his retirement on Oct. 12 after 48 years in transportation.

First Transit's Dunning retires after 38-year career

He began his career with First Transit in 1980 as a GM in Laredo, Texas.

Alstom, Siemens submit remedy package to European Commission

The package represents their proposal to address the Commission’s concerns while preserving the industrial and economic value of the deal.

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