Navistar to Launch Own ELD, Telematics Hardware
LOUISVILLE, Ky. — Truck maker Navistar Inc. said it will launch its own aftermarket telematics device and electronic logging application in midsummer.
Navistar 1Q Net Loss Widens to $62 Million on Weak Sales
Truck and engine maker Navistar International Corp. reported fiscal first-quarter results that showed widening net losses, with the anemic North American new truck sales market causing most of the problems.
Navistar Loses $62 Million in Its Fiscal First Quarter
The quarterly net loss for truck and engine maker Navistar International Corp. widened to $62 million, or 76 cents a share, for the three months ended Jan. 31, with sales, particularly in the anemic North American new truck sales market, causing most of the problems.
Navistar Promotes Persio Lisboa to Chief Operating Officer
Navistar International Corp. appointed Persio Lisboa to the position of chief operating officer, where he will oversee Navistar's operations, global and sales functions, effective immediately.
March 6, 2017Clarke: Brace for Change
NASHVILLE, Tenn. — The business world of 2030 could be a model of orderly, incremental evolution, or it could bound off unexpectedly, forcing firms into obsolescence.
Navistar’s Clarke Urges Open Minds, Preparedness as a Potentially Tumultuous Future Approaches
NASHVILLE, Tenn. — The business world could evolve in an orderly, incremental fashion over the next dozen or so years, or it could bound off unexpectedly in a way that startles and flummoxes most people.
Navistar, Volkswagen Seal $256 Million Alliance Deal
NASHVILLE, Tenn. — Navistar International Corp. and Volkswagen’s Truck & Bus division completed their alliance announced in September, with the German automotive company acquiring 16.2 million common shares, or 16.6% of equity, and the Lisle, Illinois, truck maker getting $256 million.
CEO Troy Clarke Adds Chairman Title at Navistar
Navistar International Corp. CEO Troy Clarke is now also chairman of the company’s board of directors, the original equipment manufacturer said Feb. 21.
February 22, 2017Navistar Completes Repricing of $1 Billion Loan
Navistar International Corp. announced it has completed the repricing of subsidiary Navistar Inc.'s existing $1 billion senior secured term loan.
February 9, 2017Navistar Seeks to Reprice $1 Billion Loan
Navistar International Corp. announced that, subject to market conditions, the company and its wholly-owned subsidiary Navistar Inc. are seeking to reprice Navistar Inc.'s existing approximately $1 billion senior secured term loan under Navistar Inc.'s Senior Secured Term Loan Credit Facility.
February 2, 2017