Company
Navistar
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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…
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Four takeaways from Navistar’s Analyst Day
LISLE, Ill. — On Wednesday, Navistar held its first Analyst Day since February 2012, when the previous regime was still steadfastly defending its EGR-only emissions strategy. The hosting of an Analyst Day this year, and the debut of a new…
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How Navistar solved its EGR problems
LISLE, Ill. — It’s no secret that Navistar International had its share of EGR-related failures as it attempted to meet EPA10 emissions standards without the use of SCR exhaust aftertreatment. The company very candidly addressed the issue at its Analyst…
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Navistar announces new leadership, retirement of Jack Allen
LISLE, Ill. — Navistar has announced a corporate shake-up, which sees expanded responsibilities for some executives and the retirement of chief operating officer Jack Allen. Allen is stepping down after 33 years with the company, Navistar announced. He has served…
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Navistar names new corporate controller
LISLE, Ill. – Navistar International Corporation will have a new senior vice-president and corporate controller starting early August. Samara Strycker will join the company on August 4, and will be replacing Richard Tarapchak who after 22 years at Navistar is…
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Navistar to introduce low-cost parts
WARRENVILLE, Ill. — To help fleets cut costs, Navistar has launched a new value line of private label brand t…
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Navistar to take part in aerodynamic project
WARRENVILLE, Ill. — Navistar has received US federal funding to develop a highly-efficient tractor-trailer co…
