Navistar to take stake in Brazilian bus builder Neobus; to partner on fully integrated commercial buses for the Americas
Green Car Congress
JANUARY 31, 2012
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. San Marino Onibus e Implementos Ltda develops vehicles for passenger transportation under the Neobus brand, exporting to the Americas, Africa and Middle East.