Navistar inks licensing deal with Chinese maker

Newswire

BOSTON, Sept 28 (Reuters) - Diesel engine maker Navistar International Corp. on Thursday said one of its divisions had reached a licensing agreement allowing China's Dongfeng Chaoyeng Diesel Co. to manufacture and sell certain Navistar-designed diesel engines in China.

Financial terms of the deal, which is subject to Chinese regulatory approval, were not disclosed. Navistar said the venture would ...

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