VW Takes $256 Million Stake in Icahn-Backed Navistar

The video discusses Carl Icahn's investments in the auto industry, including his stakes in Federal Mogul, Navistar, and Pep Boys. It highlights a deal between Navistar and Volkswagen, which aims to improve Navistar's market position and help Volkswagen enter the US truck market. The discussion also touches on Volkswagen's challenges in the US market and its strategic moves to overcome them.

Which auto parts supplier is Carl Icahn planning to take private?

• Navistar

• Volkswagen

• Federal Mogul

• Pep Boys

What was the main reason for Navistar's stock price increase?

• Volkswagen's investment

• Federal Mogul's acquisition

• New engine technology

• Carl Icahn's influence

What challenge did Navistar face with its engine technology?

• Rejection by regulators or customers

• High production costs

• Lack of innovation

• Competition from Toyota

Why is Volkswagen interested in partnering with Navistar?

• To expand its retail presence

• To acquire Federal Mogul

• To develop new powertrain components

• To enter the US consumer car market

What has been a significant challenge for Volkswagen in the US market?

• Entering the truck space

• Reducing production costs

• Competing with BMW

• Developing new car models