Someone lost their mind on this one!!
Reply #45 –
Caterpillar Inc. is entering a strategic alliance with Navistar International and will exit the on-road engine business. The two companies have signed a Memorandum of Understanding (MoU) to pursue global on-highway truck business opportunities and cooperate on a variety of engine platforms. The two companies intend to focus on global truck opportunities, including North American severe service construction trucks, as well as technology development for engines worldwide.
Through this alliance, Caterpillar plans to target a 2010 introduction of a North American Cat branded heavy-duty truck. Concurrent with this new strategic direction, Caterpillar has determined independently that it will not supply EPA 2010 compliant engines to truck and other on-highway original equipment manufacturers (OEMs).