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Automakers

VW signs off on $3.7B Traton-Navistar deal

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(REUTERS)
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By:
Bloomberg
November 06, 2020 06:07 PM

Volkswagen Group's board signed off on a $3.7 billion deal for its heavy-truck unit Traton to acquire Navistar International, deepening VW's bet on the lucrative North American market.

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