Other truck manufacturers had to obtain Ford approval before purchasing it.
It is currently the third largest truck manufacturer in Mainland China.
In addition to automobiles, Syracuse was the home of three truck manufacturers.
That helps to explain why truck manufacturers have not stepped up their spending on new machinery, or hired more workers.
The truck manufacturer is up 50 cents, to $2.75 a share, so far.
Freightliner, a big truck manufacturer in Portland, has laid off about 700 workers this year.
For example, some light truck manufacturers are adopting hydrogen fuel technology in order to provide the consumer a vehicle with a much lower running cost.
The agreement would make the combined group the world's leading truck manufacturer and a powerful competitor in the automobile market.
The company, which sold its farm equipment division in 1985, is now a leading truck manufacturer.
This company is one of the world's largest truck manufacturers.
