As we reported several months ago, CNH/Iveco had been negotiating with International Trucks parent company Navistar to secure the local distribution rights, confirmation that the deal was finally done only came late this afternoon.
The joint announcement said that some operational aspects of the arrangement are still being finalized by both parties, including evaluating exactly which models will come to Australia.
Navistar Sr. VP Distribution & Export, Mark Belisle, said the International Trucks brand will be able to hit the ground running in Australia.
“Despite not having sold here for a number of years, ‘INTER’ is still entrenched in the Australian market and remembered fondly by fleet operators.
“In CNH Industrial we’ve found a partner with the necessary credentials and industry experience to help Navistar meet its goals here.
“The close history between CNH Industrial’s Iveco brand and International is not lost on us either, it adds an element of emotion to the partnership.
“We look forward to the months ahead and bringing some exciting new International vehicles to market.”
We will bring you more details as they come to hand.