General Motors Corp. will not immediately sell its medium-duty truck business to Navistar International Corp., citing â€śsignificant marketplace and economic changes.â€ť GM and Navistar reached a memorandum of understanding over the business earlier this year. The document expired this week. â€śWeâ€™re going to continue to run the business as we have in the past, including providing sales, service and marketing support to GM dealers for its medium-duty trucks,â€ť says GM spokesman Tony Sapienza, ...
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