Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH

Volkswagen Acquires More Navistar Shares in Series of July Trades

Volkswagen quietly invested approximately $11,263,489 in Navistar International stock last month.

by Staff
August 3, 2017
Volkswagen Acquires More Navistar Shares in Series of July Trades

Volkswagen has been a major shareholder in International since purchasing a $250 million stake in the company last year. Photo: International

1 min to read


Volkswagen has been a major shareholder in International since purchasing a $250 million stake in the company last year. Photo: International

Volkswagen has quietly purchased a significant number of shares in Navistar International Corporation, parent company of International Truck and Engine, during the month of July, according to reports from various international financial news sources.

Ad Loading...

Volkswagen has been a major shareholder in International since purchasing a $250 million stake in the Lisle, Illinois, company in September of last year and the two companies have collaborated on diesel engine technology for commercial trucks for over a decade.

Ad Loading...

According to a report in the financial journal Week Herald, Volkswagen acquired 43,501 shares of International stock on Monday, July 17, at an average price of $29.25 per share, for a total transaction of $1.272 million. That transaction was followed closely by four additional Navistar stock purchases by Volkswagen in July, ultimately netting the German car and truck manufacturer an additional 341,663 shares in the company for approximately $10 million. All told, Volkswagen invested approximately $11.26 million in Navistar International stock last month.

According to additional reporting by the United Kingdom’s Press Herald, as of July 21, 2017, Volkswagen owns approximately 16.4 million shares of Navistar International stock, which is approximately 17% of the company’s overall market capitalization.

More Equipment

Diagram of trailer tandem slider suspension
Equipmentby Deborah LockridgeMarch 19, 2026

SAF-Holland Redesigns Suspension Slider to Save Weight in On-Highway Trailers

SAF-Holland reengineered the UltraLite40 Slider for the ULX40 Mechanical Sliding Suspension and Axle System to reduce weight, improve durability, extend trailer life, and increase payload efficiency.

Read More →
Magnus Koeck, Volvo Trucks North America.
Equipmentby Jack RobertsMarch 18, 2026

Volvo Teases Next-Gen VNX as Platform Expansion Continues at TMC

Volvo Trucks North America highlighted new connectivity, safety tech and production investments at TMC. The OEM also signaled that a new heavy-haul flagship tractor is coming soon.

Read More →
Back of truck cab showing air and electrical line connections
Equipmentby Deborah LockridgeMarch 16, 2026

SAF-Holland Introduces SmartSto System for Safer Tractor-Trailer Uncoupling

The system combines a fifth-wheel air release with stowage for air and electrical connections, helping prevent damage and reducing driver injury risk.

Read More →
Ad Loading...
Diagram of SAF Holland BrakeSight
EquipmentMarch 16, 2026

SAF-Holland’s BrakeSight Aims to Take the Guesswork Out of Air Disc Brake Maintenance

New Haldex sensor technology from SAF-Holland integrates with telematics systems to give fleets continuous insight into air disc brake condition.

Read More →
Solar panels on top of a red Class 8 truck sleeper cab
Equipmentby Deborah LockridgeMarch 15, 2026

Vanair Introduces Solar, Battery Power Ecosystem for Class 8 Trucks

The company’s expanded EPEQ ecosystem includes flexible solar panels, lithium batteries, hydraulic power systems, and a portable fast charger for electric trucks.

Read More →
Phillips Connect Smart Trailer technology.
Equipmentby Jack RobertsMarch 15, 2026

Phillips Connect Expands Smart Trailer Platform with New Safety, Cargo and Equipment Intelligence

Phillips Connect Smart Trailer enhancements give fleets deeper operational insights from trailers -- even when another provider supplies basic GPS tracking.

Read More →
Ad Loading...
Accuride ProShield XGT.
Equipmentby Jack RobertsMarch 15, 2026

Accuride Unveils ProShield XGT Aluminum Wheel Coating at TMC

Accuride’s patent-pending surface-coating technology targets filiform corrosion and promises easier cleaning, longer-lasting gloss, and greater durability for aluminum truck wheels.

Read More →
Valvoline at TMC 2026.
Equipmentby Jack RobertsMarch 15, 2026

Valvoline, Cummins Extend X15 Oil Drain Intervals to 100,000 Miles

New approval for Valvoline Premium Blue One Solution Gen2 allows fleets running Cummins X15 engines to extend oil drain intervals by up to 25,000 miles -- reaching intervals as high as 100,000 miles.

Read More →
Al Anderson, Peterson.
Equipmentby Jack RobertsMarch 15, 2026

A New Approach to Lighting Reliability

Peterson’s Genesis lighting system and repairable J560 connector target two persistent fleet problems: LED light failures and costly electrical connector downtime.

Read More →
Ad Loading...
Illustration of a row of trucks with question marks overlaid
EquipmentMarch 12, 2026

The Hidden Cost of Delaying Truck Replacement

Many fleets extended truck replacement cycles during recent market disruptions. But holding equipment too long can lead to higher repair costs, longer downtime, and new operational risks.

Read More →