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Johnson Controls’ power solutions unit announced it has been awarded contracts to supply absorbent glass mat and flooded batteries to two heavy-duty commercial truck and bus industry leaders — Navistar Inc. and MAN Truck & Bus Co., a unit of Volkswagen AG — in an effort to meet increasing electrical demands on fleets around the globe.

Volkswagen AG’s heavy-vehicle division is open to a takeover of U.S. affiliate Navistar International Corp. as the German company seeks scale to compete with global leaders Daimler AG and Volvo AB.

Navistar International Corp. jumped the most this year after Volkswagen AG changed CEOs, a move that could portend further deal-making between the U.S. truck manufacturer and its second-biggest shareholder.

Truck maker Navistar International Corp. posted a net loss in its fiscal first quarter as revenue climbed 15%.

Navistar raised its revenue projections for this year, in part due to strong results in the company’s truck segment, the manufacturer said March 8.

Navistar International Corp. is rolling out the final installment of an all-new product lineup aimed at growing sales and keeping the once-struggling truck maker firmly in the black.

ATLANTA — Navistar Inc. is expanding its line of remanufactured components for its trucks and its private-label, all-makes parts line as its parts business has experienced double-digit growth in the past five years, according to the company.

FreightCar America is moving to acquire the rail operations of Navistar Inc. in Cherokee, Ala.

Navistar has several big ticket items planned in 2018, including a redesign of all of its trucks, a new labor contract in Springfield, Ohio and production starting on a new GM truck.

U.S. retail sales of medium-duty trucks climbed 5.4% in December, with only Class 6 volumes dipping from a year earlier, WardsAuto.com reported.