Navistar Unveils International LT to Replace ProStar
LAS VEGAS — Navistar Inc. turned its product renewal strategy toward Class 8 highway tractors, unveiling its new International LT Series of trucks here Sept. 30 in front of more than 400 customers, dealers, employees and journalists.
Navistar's SuperTruck Concept, CatalIST, Demonstrates Engine and Fuel Efficiency
Navistar Inc. is the fourth and final original equipment manufacturer to produce a SuperTruck concept vehicle: CatalIST, a modified ProStar tractor hooked to an altered 53-foot Wabash National Corp. trailer.
VW to Buy Navistar Stake
German automotive manufacturer Volkswagen AG is expanding its Truck & Bus division into the U.S. market by acquiring a stake in Navistar International Corp., a deal that also provides Navistar with more efficient procurement and better access to new technology for engines and other applications.
Navistar’s Clarke Reports Progress in Overcoming Past Engine Woes
LISLE, Illinois — Last week’s Volkswagen-Navistar deal was announced just before the maker of International Trucks reported quarterly earnings showing there is progress, albeit rocky, in recovering from what one of its executives called, “the sins of the past” — the 2010-2012 miscalculation on engine technology.
Navistar Posts Loss of $34 Million in Third Fiscal Quarter
The net loss at truck maker Navistar International Corp. accelerated from the company’s previous fiscal third quarter as revenue dropped 18%, year-over-year, due to anemic North American heavy-duty truck sales.
Navistar’s Clarke Touts Deal With Volkswagen
Volkswagen AG’s pending acquisition of 16.6% of Navistar International Corp. for $256 million will provide the Lisle, Illinois, truck maker with cash soon and then more efficient procurement and better access to new technology for engines and other applications, Navistar CEO Troy Clarke said in an interview.
Navistar, Volkswagen Agree on Strategic Alliance
Navistar International Corp. and Volkswagen AG’s truck unit announced a strategic alliance that includes a $256 million investment by the German vehicle maker in Navistar as well as planned joint development of powertrain, procurement and other collaborative efforts.
September 5, 2016International Introduces Predictive Cruise Control for ProStar, LoneStar Models
International Truck, a brand of Navistar International Corp., announced that it now offers predictive cruise control technology as an option on its ProStar and LoneStar Class 8 on-highway models to improve fuel efficiency and driver retention.
First Profit for Navistar Since 2012
Truck and engine manufacturer Navistar International Corp. reported its first profit since the fiscal third quarter of 2012.
Navistar Reports First Profit in Three Years
Navistar International Corp., the parent company of the International truck brand, said it turned its first profit in three years as second quarter 2016 net income reached $4 million, or five cents per diluted share.
June 7, 2016