About: http://data.cimple.eu/news-article/12066b6c533483bd1459e18b26289983ab60cc7cec59428c118435d4

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About: http://data.cimple.eu/news-article/12066b6c533483bd1459e18b26289983ab60cc7cec59428c118435d4 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	German auto giant Volkswagen said Thursday it wants to buy the part of American truck maker Navistar that it does not already own for $2.9 billion. In 2016, VW bought a 16.8-percent stake in Navistar, giving it a foothold in the US market, and now its truck division Traton wants to buy the rest. "If the offer is accepted, Traton will become the sole owner of Navistar", Volkswagen said in a statement. Navistar said it will closely study what it called an unsolicited offer. The initial VW investment more than three years ago amounted to $256 million. VW's Truck and Bus division said at the time it would also launch a "strategic technology and supply chain co-operation" and a purchasing joint venture with the US firm. VW commercial vehicles chief Andreas Renschler hailed the move then as a "major milestone on our way to create a global champion". ys/lc/dw
schema:headline	VW offers to buy all of Navistar for $2.9 bn
schema:mentions	Deutsche Welle Supply chain United States Andreas Renschler Navistar International Volkswagen Group
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-01-31 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	61 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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