G.M. Selling a Truck Business to Navistar
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Analysts have estimated the medium-duty truck unit, which includes the GMC TopKick and Chevrolet Kodiak, to be worth about $500 million.
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Navistar International Corp. NAV.N   is on track to deliver its goal of $15 billion in sales by   2009, and is working diligently to complete its previously   announced earnings restatement, the U.S. truck and diesel   engine maker said on Wednesday.
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The top executive at Navistar  International Corp.  signaled on Friday that the  company, which has been struggling to get its finances in  order, was open to buyout offers.
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In a move that could make its business reply cards obsolete, a mobile effort from GM has its Saab brand prospecting for leads via cell phone, a strategy the company might take national.
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General Motors Corp  and Japan&#39;s  Isuzu Motors Ltd (7202.T) said on Wednesday they would work  together more closely in South America, possibly through a  joint venture, to boost truck sales in the fast-growing region.
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The publisher of the St. Louis Post-Dispatch has agreed to sell to Lee Enterprises.
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General Motors Corp. GM.N is   prepared to tell Nissan 7201.T and Renault RENA.PA that its   price for a three-way alliance is a multi billion dollar   payment from Nissan and Renault, The Wall Street Journal   reported on Wednesday.
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Japanese truck maker Nissan Diesel accepted a billion-dollar buyout from its largest shareholder Volvo Trucks, the latest merger in the industry as companies prepare for more stringent emissions rules.
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NEW DELHI: Say good morning to a new General Electric in India. With the company selling a majority interest in GE Capital International Services (Gecis), its most visible and high profile business in India
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Statoil makes a splash in the latest Gulf of Mexico lease sale.
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Business & money: Guardian owner GMG and Apax seal deal with raised offer of media empire
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General Motors Corp. agreed to sell its Allison Transmission unit to buyout firms Carlyle Group and Onex Corp. for $5.6 billion as the largest US automaker raises cash to pay for job cuts, plant closings, and new models.
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Cingular Wireless said it is selling its messaging technology unit to institutional investor Cerebrus Capital Management for an undisclosed sum.
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DETROIT -- General Motors Corp. said Thursday it has agreed to sell its Allison Transmission commercial and military business for about $5.6 billion to the private equity firm The Carlyle Group and Canada's Onex Corp.
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Billionaire Kirk Kerkorian's Tracinda Corp. investment firm on Wednesday said it had sold $462 million of stock in General Motors Corp this week, taking its stake in the automaker to 7.4 percent from 9.9 percent.
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German industrial conglomerate MAN AG   MANG.DE will offer cash and shares to buy Scania AB SCVb.ST   in a bid that values the Swedish truckmaker at 9.6 billion   euros ($12.2 billion) in total, MAN said early on Monday.
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General Electric Co. agreed to buy a Citigroup business that provides lending and leasing services to the trucking industry for $4.4 billion in cash to build its commercial finance unit in areas where it already has expertise.