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 ...
Renault expects an annual savings of $200 million to $500 million within five years by integrating its RVI and Mack heavy truck brands in Europe and North America. The company has developed a plan to ...
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 ...
Mack tender offer opens: Renault Vehicules Industriels S.A., the industrial vehicle subsidiary of Regie Nationale des Usines Renault, began a $6-a-share cash tender offer for all outstanding common ...