-
25
Jun
Navistar Adopts ‘Stockholder Rights Plan’
Navistar International Corp. on Wednesday, June 20, announced that its board of directors adopted what it terms a “stockholder rights plan” designed to deter coercive takeover tactics, including the accumulation of shares in the open market or through private transactions and to prevent an acquirer from gaining control of the company without offering a fair and adequate price to all of the company’s stockholders.
Read more -
12
Mar
EPA Underestimated Costs Of Emissions Controls
The National Automobile Dealers Association and American Truck Dealers have released a new report that calls into question the Environmental Protection Agency’s cost analysis of emissions control requirements for model year 2004-2010 commercial trucks. The mandates resulted in substantially higher prices for commercial vehicles, depressed sales, and delayed the environmental benefits that the EPA originally sought, the report says.
Read more
(more…)