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Posted AT 3:47 PM EST on 20/08/08

GM, Navistar put off deal for truck division

The Associated Press

General Motors Corp. and Navistar International Corp. said Wednesday that they have dropped immediate plans for GM to sell its medium-duty truck business to Navistar, citing market and economic changes. GM and the Warrenville, Ill.-based commercial truck maker, which owns a plant in Chatham, Ont.

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