Business, Equipment

VW Truck Division Signals Possible Takeover of Navistar

VW Building Krisztian Bocsi/Bloomberg News

Volkswagen AG’s heavy-vehicle division is open to a takeover of U.S. affiliate Navistar International Corp. as the German company seeks scale to compete with global leaders Daimler AG and Volvo AB.

Christoph Rauwald | Bloomberg News
April 16, 2018
Business, Equipment

Navistar Stock Surges After VW CEO Switch

Navistar Truck Navistar's International RH day cab at 2017 NACV. (John Sommers II for Transport Topics)

Navistar International Corp. jumped the most this year after Volkswagen AG changed CEOs, a move that could portend further deal-making between the U.S. truck manufacturer and its second-biggest shareholder.

Jamie Butters | Bloomberg News
April 11, 2018

Navistar Posts Mixed 1Q Results, Raises 2018 Outlook

TT File Photo

Truck maker Navistar International Corp. posted a net loss in its fiscal first quarter as revenue climbed 15%.

Roger Gilroy | Staff Reporter
March 12, 2018
Business, Equipment, TCA

Navistar Boosts Revenue Projections Up to $9.75 Billion After Strong Sales

Christopher Dilts/Bloomberg News;

Navistar raised its revenue projections for this year, in part due to strong results in the company’s truck segment, the manufacturer said March 8.

Matt Sanctis | Dayton (Ohio) Daily News
March 9, 2018
Business, Equipment

Navistar Caps Turnaround With Overhaul of Top Truck

Troy Clarke, CEO of Navistar International Corp., stands for a photograph next to an International HX Series truck, right, at the company's headquarters in Lisle, Ill. (Christopher Dilts/ Bloomberg News)

Navistar International Corp. is rolling out the final installment of an all-new product lineup aimed at growing sales and keeping the once-struggling truck maker firmly in the black.

John Lippert | Bloomberg News
March 8, 2018
Business, Technology, Equipment

Navistar Expands Parts Business Amid Strong Growth

Navistar's Kory at TMC Kory by John Sommers II for Transport Topics

ATLANTA — Navistar Inc. is expanding its line of remanufactured components for its trucks and its private-label, all-makes parts line as its parts business has experienced double-digit growth in the past five years, according to the company.

Roger Gilroy | Staff Reporter
March 7, 2018
Business, Equipment

FreightCar America Acquiring Navistar Rail Facility

FreightCar America

FreightCar America is moving to acquire the rail operations of Navistar Inc. in Cherokee, Ala.

William Thornton | Alabama Media Group
February 28, 2018
Business, Equipment, TCA

Navistar to Redesign Trucks, Begin UAW Talks in 2018

Christopher Dilts/Bloomberg News;

Navistar has several big ticket items planned in 2018, including a redesign of all of its trucks, a new labor contract in Springfield, Ohio and production starting on a new GM truck.

Matt Sanctis | Dayton (Ohio) Daily News
January 30, 2018
Business, Equipment

Medium-Duty Segment Ends Year With Steady Growth

Kenworth K370 Kenworth K370 (Truck Paper via YouTube)

U.S. retail sales of medium-duty trucks climbed 5.4% in December, with only Class 6 volumes dipping from a year earlier, reported.

Roger Gilroy | Staff Reporter
January 16, 2018
Business, Equipment, TCA

Navistar Expects Strong Year for Truck Manufacturer

John Sommers II for TT

Navistar executives predict 2018 will be a strong year for the Springfield, Ohio manufacturer. The company reported a profit of $30 million in 2017 — its first annual profit in six years — a result company officials called a breakthrough year for the truckmaker.

Matt Sanctis | Dayton (Ohio) Daily News
January 8, 2018