Navistar to Close Truck Plant, Move Work to Ohio, Mexico
Navistar International Corp. last week announced plans to cut costs by closing its Garland, Texas, plant, a move that affects 900 workers but not the company’s overall manufacturing capacity.
November 5, 2012Navistar to Close Texas Truck Plant
Navistar International Corp. said it will close its truck manufacturing plant in Garland, Texas, early next year, cutting 900 jobs as a result, to reduce costs.
October 31, 2012Navistar Sets Stock Offering of 10 Million Shares
Navistar International Corp. said Wednesday it is making a public offering of about 10 million shares of its stock.
October 24, 2012Navistar Overhauls Lineup of Products and Executives
The extensive overhaul of Navistar’s product and corporate lineup continued last week as top sales executive Jim Hebe retired, more details emerged about new models, and the company agreed to replace three directors to avoid a proxy battle.
October 15, 2012Navistar Announces Hebe’s Retirement, Production Plans
Navistar International Corp. this week announced the retirement of well-known executive Jim Hebe, the appointment of new board members and outlined a plan for full production of trucks with Cummins ISX engines at the start of next year.
October 8, 2012Navistar May Close Plants, New CEO Campell Says
Navistar International Corp. is considering possible plant closures as new CEO Lewis Campbell looks to cut costs and restore profitability at the struggling truck maker.
October 8, 2012Navistar May Close Plants, New CEO Says
Navistar International Corp. may close some of its North American plants as new CEO Lewis Campbell looks to cut costs and restore profitability at the truck and engine maker.
October 5, 2012Hebe Defends Navistar’s Decision on EGR
TOOELE, Utah — Navistar’s choice of exhaust gas recirculation over selective catalytic reduction to comply with U.S. emissions rules failed not because of the technology, but because the company had no partners in the effort, said Jim Hebe, Navistar’s senior vice president for North America Sales Operations.
October 1, 2012No Plans to Acquire Navistar, Volkswagen Officials Say
HANOVER, Germany — The new truck-making powerhouse in Europe headed by Volkswagen AG is unlikely to make a play to acquire U.S.-based Navistar International Corp., according to interviews with company officials and others.
September 24, 2012Icahn Urges Navistar Board to Let Shareholders Appoint Board Members
Carl Icahn, billionaire investor, is asking Navistar International to let shareholders appoint at least four board members, so that stockholders can have more of a say in the decision-making process, the Associated Press reported.
September 10, 2012