International Motors Sales Rise 15% in Fourth Quarter
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International Motors sold 23,800 trucks and buses in the fourth quarter of 2024, a 15% increase compared with 20,700 vehicles in the same period a year earlier, parent company Traton said Jan. 14.
Traton said sales at its North American unit rose in the most recent quarter and full-year period on the back of strength in the medium-duty truck market and increased bus purchases.
International, known as Navistar until a rebranding in September, is the parent company of school and commercial bus manufacturer IC Bus.
Lisle, Ill.-based International sold 90,600 vehicles in the 12 months that ended Dec. 31, up 2% compared with 88,900 in the year-earlier period.
Traton noted a decline in appetite for heavier-duty trucks in North America in 2024.
We were Navistar. Now we are International.
Learn more about our transformation athttps://t.co/UnDF8Pm2xN. pic.twitter.com/BvTu448IZa — International (@IntnlTrucks) September 25, 2024
International sold 26,500 Class 8 trucks in 2024, down 28.8% compared with 37,200 trucks in 2023, according to the latest Wards Intelligence data, also released Jan. 14.
The past 12 months saw a lot of change for International, CEO Mathias Carlbaum told Transport Topics in an exclusive interview in December.
Carlbaum
In addition to the rebranding, International rolled out an integrated powertrain comprising the company’s S13 engine line and T14 automated manual transmission for heavy-duty trucks, a September redesign for its HV vocational models, and launched series production of its redesigned CE-series school bus.
International also faced a hurdle to ramping up truck manufacturing after a factory fire at a rearview mirror supplier.
Carlbaum told TT in December that order activity in 2024 was in line with expectations but is set to increase substantially in 2025.
International’s current Class 8 portfolio of trucks is headlined by the flagship longhaul LT Series. Also available are the RH Series regional-haul tractor, and the HV and HX series vocational models.
Series production of the updated HV 509, HV 515, HV 609 and HV 615 models is due to start in June.
Overall, Traton sold 334,200 vehicles in 2024, a 1% year-on-year decline from 338,200 in 2023.
Traton sold 88,800 vehicles in Q4, almost unchanged from the prior-year period’s 88,700.
Persistently weak sales in Europe hurt Traton’s overall numbers, especially figures at the Munich-based company’s MAN Truck & Bus division.
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MAN sold 26,800 vehicles in Q4, a 16% decrease from 31,800 vehicles in the year-ago period. MAN sold 95,700 vehicles in 2024, down 18% compared with 116,000 trucks and buses a year earlier.
Weak sales in Germany in particular and a model change led to the double-digit decrease in purchases, while bus sales also were hampered by tighter regulatory requirements for vehicle software systems in the EU.
Traton’s Scania Vehicles and Services division sold 28,100 trucks and buses in Q4, a 3% decrease compared with 29,000 vehicles a year earlier. Scania sold 102,100 vehicles in the most recent 12-month period, up 6% compared with 96,700 in 2023, benefiting from increased demand in South America.
Sales in South America, particularly Brazil, also bolstered Volkswagen Truck & Bus’ deliveries. The division sold 10,100 vehicles in the most recent quarter, a 36% jump from 7,500 vehicles in Q4 2023. VW Truck & Bus sold 45,800 vehicles in 2024, up 23% compared with 37,200 trucks and buses a year earlier.
The share price of Traton, which is controlled by automotive giant Volkswagen, rose more than 3% in the hours after the sales figures were released.
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