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Navistar to take stake in Brazilian bus builder Neobus; to partner on fully integrated commercial buses for the Americas

Green Car Congress

is planning to enter into a global commercial bus partnership with Brazilian commercial bus body manufacturer San Marino Onibus e Implementos Ltda (Neobus) and will invest in the company. The two companies recently signed a non-binding agreement and negotiations are at an advanced stage. Navistar, Inc.