Navistar CEO Persio Lisboa Announces Executive Appointments
Navistar International Corp. announced three executive appointments under the leadership of newly named CEO Persio Lisboa, effective immediately.
Cummins, Navistar Extend Engine Partnership
Independent engine maker Cummins Inc. and Navistar International Corp. announced Cummins will be the preferred supplier of Navistar’s medium-duty and heavy-duty big bore engines in its International trucks and IC buses in the U.S. and Canada.
Navistar, TuSimple Partner to Launch Self-Driving Trucks in 2024
Truck and engine maker Navistar International Corp., and TuSimple, a global self-driving technology company, announced July 15 a strategic partnership to co-develop SAE Level 4 self-driving trucks targeted for production by 2024.
Volkswagen Management Tumult Spills Over to Truck Subsidiary
Volkswagen AG’s series of executive shakeups is reaching its commercial-vehicle operations, with the surprise departure of Traton SE’s chief and other managers highlighting friction over restructuring plans that were jolted by the COVID-19 pandemic.
Navistar Appoints Persio Lisboa as New CEO
Navistar International announced that Persio Lisboa will replace Troy Clarke as president and CEO, effective July 1.
Navistar Breaks Ground on San Antonio Truck Plant
Navistar International Corp. and local and state officials June 25 celebrated, in a virtual setting, groundbreaking in San Antonio on its most advanced manufacturing facility, a $250 million investment.
Navistar Q2 Results Tumble in Pandemic
Navistar International Corp. posted a narrower fiscal second-quarter net loss and about a $1 billion drop in revenue as key business segments and its supply chain were disrupted by the novel coronavirus pandemic.
Ex-Navistar CEO Daniel Ustian, SEC Reach $500,000 Settlement
The U.S. Securities and Exchange Commission’s yearslong civil court fight with Daniel Ustian has ended with the former Navistar International CEO agreeing to a $500,000 civil penalty and a permanent ban from serving as an officer or director of a public company.
Navistar Extends Stoppage at Springfield, Ohio, Truck Plant
Navistar International Corp. extended the stoppage at its medium-duty truck assembly plant in Springfield, Ohio, through early May due to component supplier constraints.
April 20, 2020Navistar Expands Production Suspension; Allison Pauses Work Too
Navistar International Corp. announced it is broadening its temporary suspension in manufacturing operations, and Allison Transmission Holdings Inc. announced it has temporarily suspended production at select manufacturing facilities.