Renault Vehicules Industriels yesterday extended its buyout offer for Mack Trucks Inc. but its chief executive said Renault is “extremely troubled” by Mack’s sagging financial prospects and has begun ...
Mark your calendar: June 30, 2026 (10:00 a.m. PDT). A 37.5% ownership interest in MagnaTrans, LLC, a California limited liability company doing business as Magna Transportation Group, will be sold in ...
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 ...
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 ...
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.
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