At the opening day of the IAA Commercial Vehicles show in Hanover, Germany, the head of Volkswagen Truck and Bus said the company's new stake in U.S. truck builder Navistar is a "natural fit at the right moment."
Andreas Renschler told a round table that the deal in which VW bought a 16% share of Navistar was completed in a short period starting from March and that many shareholders needed to be involved.
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