GM-Navistar truck pact expires without final deal


CHICAGO, Aug 20 (Reuters) - Navistar International Corp said on Wednesday that a tentative agreement struck late last year to buy General Motors Corp's medium-duty truck business has expired without a deal being reached. Citing what it characterized as the "significant marketplace and economic changes" since the memorandum of understanding was signed in December, Navistar said the companies had decided not to renew the tentative agreement. It said that while GM was continuing to review ...

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