Navistar Plans to Cut Jobs
Navistar International Corp. plans to cut “a few hundred” jobs by early September in a move to reduce costs.
August 9, 2013Navistar Begins TranStar Production
Navistar Inc. announced Thursday it has launched production of its International TranStar regional-haul Class 8 tractor, the fifth heavy-duty International model to transition to selective catalytic reduction technology since December.
August 8, 2013Navistar Launches Heavy-Duty WorkStar
Navistar Inc. said Tuesday it has launched its heavy-duty International WorkStar vocational truck, powered by the company’s 13-liter engine with selective catalytic reduction emissions technology.
July 16, 2013Navistar Amends Board Agreement
Navistar International Corp. said Monday it has amended agreements with shareholders Carl Icahn and Mark Rachesky, allowing each to designate two nominees to its board of directors.
July 15, 2013Navistar Names Walter Borst CFO, Effective Aug. 1
Navistar International Corp. named Walter Borst the company’s chief financial officer, effective Aug. 1. He will replace A.J. Cederoth, who is leaving Navistar at the end of this month.
June 28, 2013Navistar’s CFO Stepping Down
Truck and engine maker Navistar International Corp. said Chief Financial Officer Andrew Cederoth will leave the company by the end of June.
June 25, 2013Navistar’s Fiscal 2Q Loss Widens
Navistar International Corp.’s fiscal second-quarter loss more than doubled from a year earlier to $374 million because of slumping sales, a trend company executives said is being reversed as demand grows.
June 17, 2013Navistar Begins Truck Production in Brazilian Factory
Navistar International Corp. said it has begun commercial truck production at its factory in Canoas, Brazil, with the capacity to build 5,000 a year.
June 12, 2013Navistar Reports Second-Quarter Loss
Navistar International Corp. reported a fiscal second-quarter loss of $374 million, or $4.65 per share, for the period ended April 30. It's more than double the prior-year period loss of $172 million, or $2.50 per share, citing weak demand.
June 11, 2013Navistar Touts Progress of Its SCR Engine Switch
LISLE, Ill. — Navistar International Corp. continued the relaunch of its Class 8 truck business late last month, holding test drives for two new emissions-compliant engine families in the suburbs around its Chicago-area headquarters.
June 3, 2013