Tag Archives: Navistar

(July 9, 2018) -- Navistar is recalling certain 2019 International LT heavy diesel trucks equipped with feature codes 29WAY, 504312, and 504455. The lightweight brake drums with slack adjusters may drag against the brakes causing the drums to overheat which can result in the brake drum cracking, separating from the vehicle or the brakes becoming inoperative. Read More »

(June 6, 2018) -- Navistar International Corp. beat expectations for the second quarter with strong financial performance driven by demand for its trucks. Read More »

(May 22, 2018) -- Navistar International announced that its Edmonton Parts Distribution Center (PDC) was named the first-place honoree of the Top Performing Warehouse Award by Carlisle & Co. Read More »

(May 18, 2018) -- The truck maker had appealed a previous decision by the state tax commissioner and the Board of Tax Appeals that Navistar was ineligible to receive about $27 million in commercial activity tax credits. Read More »

(May 9, 2018) -- A fire at a GM supplier in Michigan will mean some workers at Springfield’s Navistar plant will be without work for about a week, Navistar officials said today. Read More »

(April 30, 2018) -- German automaker Volkswagen AG has quelled rumors that pegged it as acquiring Navistar International, of which it already holds a 16.9 percent stake as part of a ‘wide-ranging strategic alliance’ announced back in 2016.” Read More »

(April 24, 2018) -- Navistar International Corporation announced it has appointed Mark Hernandez as senior vice president, Global Manufacturing, effective immediately. Hernandez replaces William H. Osborne, who announced his retirement earlier this month, and will report directly to Phil Christman, president, Operations. Read More »

(April 19, 2018) -- Navistar International Corporation announced Raymond T. Miller has been named to the company's board of directors, effective immediately. Miller replaces Michael Sirignano, who has resigned from the board after serving for more than four years. Miller has been appointed to the board's audit and compensation committees. Read More »

(April 4, 2018) -- Baumann will lead Navistar’s strategic planning, product planning and analytics teams and will also oversee Navistar’s alliance with Volkswagen Truck and Bus. Read More »

(March 8, 2018) -- Navistar reported a net loss of US$73 million in the first quarter, but raised its full year 2018 guidance and grew its revenue 15% to $1.9 billion in the quarter. Read More »

(March 1, 2018) -- FreightCar America has entered into an agreement with Navistar Inc. to acquire all of Navistar's operating assets at Barton Riverfront Industrial Park, according to a release from FreightCar. Read More »

(Feb. 26, 2018) -- Troy Clarke, then president of GM’s North American operations, was one of those the company had “retired.” A lifelong GM executive, Clarke previously oversaw its operations in China and headed its Mexican business. He quickly took a consulting gig at Navistar International Corp., which builds big trucks and buses. Read More »

(Feb. 21, 2018) -- Navistar International Corporation announced that Walter Borst, executive vice president and chief financial officer, will discuss business matters related to the company at the J.P. Morgan's 9th Annual Global High Yield & Leveraged Finance Conference in Miami Beach, Florida on Feb. 26. Read More »

(Feb. 16, 2018) -- Navistar has recognized 32 of its top suppliers with Diamond Supplier Awards. The winners represent the top 2% of Navistar’s supply base. Read More »

(Dec. 19, 2017) -- Navistar International Corporation announced a fourth quarter 2017 net income of $135 million, or $1.36 per diluted share, compared to a fourth quarter 2016 net loss of $34 million, or $0.42 per diluted share. Read More »