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Article: Navistar, Neobus Plan Global Integrated Commercial Bus Joint Venture.
- Article from:
- Journal of Transportation
- Article date:
- September 20, 2008
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Two leading companies based in Latin America intend to form a partnership to help meet the growing demand for public and commercial transportation solutions around the globe.
Camiones y Motores International de Mexico, S.A. de C.V. ("CMI"), the Mexico-based subsidiary of Navistar, Inc. and San Marino Onibus e Implementos LTDA ("San Marino"), a Brazilian bus body builder, have signed a memorandum of understanding to form a joint venture to manufacture commercial bus bodies, which will be distributed as commercial integrated buses through the IC Bus Dealer channel beginning in 2009.
"A JV with San Marino, one of the most respected Brazilian bus body ...