Company
Navistar
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Navistar enters into strategic alliance with Volkswagen
LISLE, Ill. – Volkswagen has bought its way into the North American truck market, taking a 16.6% stake in Navistar. The strategic alliance was announced this morning. Volkswagen Truck and Bus will invest US$256 million in Navistar and will appoint…
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Navistar’s top technicians compete
LISLE, Ill. — Canadian International dealers were well represented when Navistar hosted its recent North American and global technician rodeos. Technicians from Summit Motors in Redcliff, Alta., Tru-Nor Truck Centres in Sudbury, Ont., Lewis Motor Sales in Barrie, Ont. and…
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Navistar names new VP of North American parts and sales
LISLE, Ill. – Carlos Junquera has been named new vice-president of North American parts sales for Navistar, Inc. “We’re excited to have Carlos leading our North American parts sales team,” said Michael Cancelliere, senior vice-president of global parts and customer…
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Navistar returns to profitability
LISLE, Ill. — Navistar this morning reported its first quarterly profit since initiating a turnaround plan more than three years ago. The company reported Q2 net income of US$4 million on revenues of $2.2 billion. Revenues were down 18% on…
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Second OEM commits to North American Commercial Vehicle Show 2017 in Atlanta
Navistar joins Exhibitor Advisory Committee
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Navistar’s OnCommand Connection reaches milestone
LISLE, Ill. – Navistar’s OnCommand Connection remote diagnostics system has surpassed the 200,000-vehicle mark, with two-thirds of the vehicles in the system manufactured by other OEMs besides Navistar. “OnCommand Connection continues to grow its subscriber base by proving its value…
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International offers over-the-air programming for Cummins engines
LISLE, Ill. – International Truck announced that it has become the first OEM to offer over-the-air (OTA) programming for Cummins engines. Available through the nine-pin International Link device, OTA programming allows drivers or fleet managers to use a mobile interface…
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International receives orders for more than 300 HX Series trucks
LISLE, Ill. — International Truck says its new HX Series vocational truck, introduced earlier this month at World of Concrete, has been well received. It just received it largest order yet for the truck, with 15 HX620 dump trucks going…
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Navistar hands out Diamond Supplier Awards
LISLE, Ill. – Thirty-three suppliers were honoured by Navistar with its Diamond Supplier Award this week, which the company hands out on an annual basis. “We strive to create products that have excellent quality and uptime,” said David McKean, vice-president,…
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Navistar posts $50M Q4 loss, projects return to profitability next year
LISLE, Ill. — Navistar has reported a net loss of US$50 million for the fourth quarter on revenues of $2.5 billion. The quarter included $69 million in restructuring-related and impairment charges, $40 million in pre-existing warranty adjustments and $14 million…
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Navistar posts Q3 loss, but feels good about 2016 buying season
LISLE, Ill. — Navistar International announced its Q3 results this morning, reporting a net loss of US$28 million. This compares to a net loss of $2 million in the same quarter last year, however the company notes it incurred certain…
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Navistar helps launch University of Michigan’s MCity test site for connected vehicles
ANN ARBOR, Mich. — Navistar International is one of several founding partners that yesterday launched the University of Michigan’s new MCity test site for connected and autonomous vehicles. MCity is a 32-acre simulated urban and suburban environment featuring a network…
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Navistar refinances loan to improve liquidity
LISLE, Ill. — Navistar has refinanced a loan so it can invest in new products and advance its recovery, the company announced this morning. A US$697-million loan that matures in August 2017 has been refinanced with a new US$1.040 billion…
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Navistar taps Paccar veteran for senior v.p. role
LISLE, Ill. — Navistar International has named Jeff Sass its new senior vice-president, North America Truck Sales and Marketing. Sass joins Navistar after having spent 20 years working for Paccar in various roles, including marketing, dealer development, customer service and…
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Navistar posts narrower Q2 loss
LISLE, Ill. — Navistar posted a US$64 million net loss in the second quarter, but reports chargeouts were up 38% over the last quarter. Q2 results compare to a $297 million net loss in the second quarter of 2014. The…
