Navistar back in black during second quarter
LISLE, IL - Navistar International reported a $4-million net income in the second quarter of 2016, in sharp contrast to a $64-million net loss in the second quarter of 2015. Cost controls, higher parts-related profits, and demand for HX vocational trucks have all been credited for making a difference despite a soft sales market.
Used Truck Deals Still Near Record Levels
SOUTHFIELD, MI -- U.S. Transactions of used commercial vehicles in the gross vehicle weight (GVW) 3-8 categories remained near record levels for the 12-months ending March 31, according to new figures from the vehicle industry analysis provider IHS Automotive.