Caterpillar, Navistar venture in talks with Chinese company

A joint venture between Caterpillar and Navistar International Corp. to produce and sell trucks in China is moving forward. The venture, called NC2 Global LLC, may partner with China's Anhui Jianghuai Automobile Co. Ltd. The Chinese company sold around 155,000 vehicles in 2008, including around 100,000 light-duty trucks.

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