Mack Trucks has begun using sophisticated software which allows it to develop products concurrently with its parent, Renault V.I. in France. The software, supplied by Tecnomatix, will enable Mack and ...
With Mack Truck Inc.`s financial plight worsening, principal shareholder Renault Vehicules Industriels S.A. indicated Thursday that it might revise or withdraw its $6-a-share offer for the company or ...
In the wake of its effective takeover of Renault’s truck business – including Mack in the United States – Volvo has revealed an ambitious new medium/long-term engine development strategy. The huge R&D ...
ALLENTOWN, Pa. — Despite massive layoffs, Mack Trucks Inc. has continued to hemorrhage cash and lose market share in the year since French industrial giant Renault Vehicules Industriels took it over.
With many stockholders of Mack Trucks Inc. continuing to retain their shares, Renault Vehicules Industriels yesterday extended its offer to acquire the Allentown-based truck maker by five days to 9 ...