Automotive Industry Veteran Brings Wealth of China Experience as
Navistar Moves Forward with Joint Venture with Chinese Truck Maker JAC
SHANGHAI--(BUSINESS WIRE)--
Navistar, Inc. recently announced that Rudi von Meister will lead the
company's efforts in China as the company works to finalize its joint
venture agreements with Anhui Jianghuai Automobile Co. Ltd. (JAC).
"We are proud to have Rudi join the Navistar team and are confident that
his leadership background and experience in China will play an important
role as we look to expand our business in the Chinese market," said Troy
Clarke, president, Navistar Asia-Pacific.
Von Meister brings to Navistar extensive automotive and commercial
vehicle experience specifically focused on the Chinese market. He spent
20 years with General Motors in a number of senior leadership roles of
increasing responsibility, helping establish numerous GM operations in
China, including GM's automotive joint venture with SAIC and GM's Delphi
automotive systems business unit. In 2006, von Meister joined Fiat Group
and served as general manager of China operations for the Iveco
commercial vehicle division and vice president of business development
at Fiat China.
Von Meister holds a bachelor's degree in communications from the
University of Pennsylvania, as well as an M.B.A. from Columbia
University in New York City. He is fluent in Mandarin Chinese, German
and English.
Last September, Navistar signed joint venture agreements with Anhui
Jianghuai Automobile Co. Ltd. (JAC) to develop, build and market
advanced diesel commercial engines and advanced commercial vehicles in
China.
"I'm proud to be leading our efforts in China with a truly great
partner—JAC," said von Meister. "We're excited to combine our pioneering
expertise in building trucks and engines with JAC's local knowledge of
the Chinese commercial vehicle market and their expertise in commercial
vehicle exports to other global markets. This venture with a strong
partner such as JAC enables us to understand the market quickly as we
grow our business in China."
Formation of the joint ventures is subject to finalization of certain
procedural steps and the finalization of certain ancillary commercial
agreements among the parties.
About Navistar
Navistar International Corporation (NYSE: NAV) is a holding company
whose subsidiaries and affiliates produce International®
brand commercial and military trucks, MaxxForce® brand diesel
engines, IC Bus™ brand school and commercial buses, Monaco®
RV brands of recreational vehicles, and Workhorse® brand
chassis for motor homes and step vans. The company also provides truck
and diesel engine service parts. Another affiliate offers financing
services. Additional information is available at www.Navistar.com/newsroom.
Navistar
Media contact: Steve Schrier, 630-753-2264
Investor
contact: Heather Kos, 630-753-2406
Web site: www.navistar.com
Source: Navistar
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