Clarke: 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, 2017Navistar Plans to Issue Additional Notes at 8.25%
Navistar International Corp., the parent company for the International trucks brand, announced plans Jan. 12 to issue, subject to market conditions, $200 million of its 8.25% senior notes due 2021.
January 13, 2017Navistar Trims Net Losses in 4Q, Fiscal 2016
Truck and engine maker Navistar International Corp. reported lower net losses, year-over-year, for its fourth quarter and 2016 fiscal year ended Oct. 31.
Navistar Slows Losses Amid Tough Industry Conditions
Truck and engine manufacturer Navistar International Corp. reported lower year-over-year net losses for its fourth quarter and 2016 fiscal year periods ended Oct. 31.
Navistar Locates Used Truck Reconditioning Center at Prototype and Testing Facility
Navistar Inc. said it has reopened its Used Truck Reconditioning Center and co-located it at its prototype and testing facility in Melrose Park, Illinois. Navistar is the parent company of the International brand of trucks.
December 12, 2016