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ack stake

23rd March 1979, Page 19
23rd March 1979
Page 19
Page 19, 23rd March 1979 — ack stake
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skULT, the French state d motor manufacturer, is iuire a 20 per cent stake Ack, the American lorry Leer.

a result of the deal ult lorries will be dised by Mack's 800 dealers e USA for at least 10 . A target of 1,000 sales ig the first year has ly been set. For Mack, Renault's move gives access to the medium weight nine to 16 ton range of vehicles without Mack having to finance its own entry.

This Renault deal is the latest in a series of similar moves by other European commercial vehicle manufacturers to enter the lucrative North American market.

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