|
Navistar Inc. wants to compete against Ford Motor Co., General Motors and Dodge in the light-medium weight classes of 4 and 5, one of the company’s top executives said.
Navistar Senior Vice President James Hebe said during the Technology & Maintenance Council’s annual meeting in Tampa last week that Navistar would make an announcement about the Classes 4 and 5 markets during the Work Truck Show in St. Louis, March 10-12.
The light-commercial sector of U.S. truck making is dominated by the Detroit Three, led by Ford, which sold 50.5% of the U.S. Class 4s last year and 44.1% of Class 5s, according to WardsAuto.com. GM’s Chevrolet and GMC brands accounted for another 19% of Class 4 sales and 22% of Class 5 sales, while Chrysler’s Dodge brand accounted for 17.5% of sales in Cass 5. The company does not report sales in Class 4.
Although GM is shutting down its medium-duty commercial truck business, it will remain a player in the light commercial sectors. Navistar tried to buy GM’s commercial truck business, but the deal fell through in August 2008.
A Navistar spokesman declined to provide details about the new product.
|