Former Navistar CEO Daniel Ustian, SEC Ready to Discuss Settlement
Former Navistar International Inc. CEO Daniel Ustian and the Securities and Exchange Commission have indicated they are ready to discuss a possible settlement in a civil lawsuit.
International Backs New A26 Engine with Financial Incentives
International Truck introduced a reimbursement guarantee program for its new A26 12.4-liter engine for over-the-road trucks to underscore its confidence in the A26’s durability and reliability.
August 18, 2017Navistar Ordered to Pay Milan $30.8 Million in Connection With Flawed Engines
Milan Supply Chain Solutions has has been awarded more than $30 million in civil damages from Navistar in connection with the sale of 243 Navistar International Prostars with Maxxforce engines.
Cummins Reclaims Top Spot in North American Engine Installations
Cummins Inc., the last independent engine maker, reclaims first place in North American engine sales during the first half of 2017.
Navistar to Cease Engine Production at Melrose Park Plant
Manufacturer Navistar International Corp. is phasing out the production of engines at its Melrose Park, Ill., plant and will turn the facility into a technical center for truck and engine testing.
Volkswagen Increases Stake in Navistar
Volkswagen Truck & Bus, a unit of Volkswagen AG, has purchased nearly 300,000 additional shares of stock in Navistar International Corp.
Navistar Begins Selling Telematics Service
Navistar International Corp.’s OnCommand Connection Telematics product is available for purchase, as scheduled, after being introduced in March.
July 17, 2017Navistar Announces Management Shake-Up
Navistar International Corp. promoted Michael Cancelliere to president of the truck and parts businesses and shitfed Bill Kozek from that job to a focus on electric vehicles and disruptive technologies.
June 28, 2017Navistar Transforms Customer Service Using Mentor’s Capital Technology
Mentor, a Siemens business, has announced that Navistar Inc. is delivering “significantly improved service” to its customers using technology from the Capital software suite. Navistar’s commercial vehicles include both heavy trucks and buses.
June 12, 2017Navistar Loses $80 Million in Fiscal 2Q
Navistar International Corp. lost $80 million, or 86 cents a share, during the fiscal second quarter as the manufacturer set aside $60 million for its reserve fund to deal with used trucks with troubled engines that are largely exported.