MUNICH (Reuters) - Volkswagen's (DE:VOWG_p) heavy-truck division sees taking over U.S. commercial truck partner Navistar International Corp (N:NAV) would to eventually make sense.
VW's truck and bus division acquired a 16.9 percent stake in Navistar in 2016 as it aims to broaden its international footprint and become a major force in the global trucks market.
"(Taking over Navistar) would make sense at some point," Matthias Gruendler, the division's finance chief, told reporters on Thursday.