Navistar

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September 16, 2013

Navistar Competitors Ask Court to Penalize Some Engines

A feud between truck engine makers and the federal government was heard last week in Federal Court in Washington D.C.

September 13, 2013

Lawmakers, Industry Press for No FET Hikes on Trucks

Legislation has been introduced in the U.S. House to discourage any increase in the 12% Federal Excise Tax on the purchase of heavy-duty trucks and trailers, a measure that has been discussed as one way to raise more money for highways.

September 10, 2013

Ford Tops U.S. Commercial Vehicle Market Share in Q2

Experian Automotive announced that Ford Motor Co. ranked highest in market share for all commercial vehicles at nearly 21% in Q2 2013, followed closely by International (17.5%) and Freightliner (15.6%).

September 4, 2013

Navistar Moves to Cut Jobs as Third Quarter Loss Widens

Truck and engine manufacturer Navistar International announced a fiscal third quarter 2013 net loss of $247 million compared to third quarter 2012 net income of $84 million. Earlier this month, the company began implementing new cost-reduction initiatives, including a reduction in its workforce.

September 4, 2013

Navistar to Add Cummins ISB to International Trucks; MaxxForce Diesels Continue

Navistar International Corp. says it will offer the Cummins ISB 6.7-liter diesel in its International DuraStar medium-duty trucks and CE series IC school buses, but that this doesn't mean it's getting out of the engine business.

September 3, 2013

Navistar to Add Cummins ISB to International Trucks; MaxxForce Diesels Continue

Navistar International Corp. says it will offer the Cummins ISB 6.7-liter diesel in its International DuraStar medium-duty trucks and CE series IC school buses, but that this doesn't mean it's getting out of the engine business.

August 12, 2013

Navistar And Cummins Reach 10,000 Orders

Navistar Inc. has secured more than 10,000 orders for International Trucks powered by the Cummins ISX15 engine and Cummins SCR aftertreatment system.

August 8, 2013

International Enhances Owner Loyalty Program

Navistar International Corp. announced enhanced benefits of International Advantage, the company’s owner loyalty program. Benefits now include advanced fleet management tools, 24/7 dedicated concierge service and exclusive offers on vehicles, parts, service and more.

August 8, 2013

Navistar Begins Production Of International TranStar With 13-Liter SCR Engine

Navistar Inc. announced the launch of its International TranStar regional haul tractor with MaxxForce 13 engine with Selective Catalytic Reduction emissions technology. The TranStar is the fifth heavy-duty International truck model to transition to SCR technology since December 2012.

August 6, 2013

Medium-Duty Update: Winners, Losers and Overall Steady Growth

Depending on who you are in the medium-duty truck business, things are going great, or well, or not so good but looking up. A few builders have picked up market share in Classes 3, 4 and 5 and in Class 6-7. Others have lost some or a lot, but sales continue to climb for most midrange truck makers.

July 22, 2013

Heartland Express Reports Improved Second Quarter Profit

Iowa-based truckload carrier Heartland Express announced financial results for the second quarter of the year, showing net income increased $0.9 million to $19.1 million compared to $18.2 million in the 2012 period, a 5% increase.

July 16, 2013

Navistar Selects Dana Axles, Driveshafts for Newest Vehicle

Dana Holding Corp. has been named the standard and exclusive supplier of steer axles, drive axles, and driveshafts on the new International TerraStar 4x4 medium-duty truck. Navistar recently began customer deliveries of the all-wheel-drive vehicles.

July 16, 2013

Navistar Launches Heavy-Duty International WorkStar With 13-Liter SCR Engine

Navistar Inc. announced the launch of its heavy-duty International WorkStar vocational trucks powered by the company's 13-liter engine with Selective Catalytic Reduction emissions technology. The WorkStar is the fourth heavy-duty International truck model to transition to SCR technology since December 2012.

July 15, 2013

Navistar International Amends Agreements With Two Large Shareholders

Navistar International announced it has amended agreements with Carl Icahn of Icahn Partners and Mark Rachesky of MHR Fund Management, including the opportunity to designate two nominees for election to Navistar’s board of directors at the company's annual meeting in February 2014.

July 11, 2013

Pilot Project at Port of Seattle to Demonstrate Diesel-to-Natural Gas Engine Conversion

Omnitek Engineering has been selected by the Puget Sound Clean Air Agency for a pilot project to demonstrate its diesel-to-natural gas engine conversion technology for drayage trucks serving the Port of Seattle, Wash., in support of the Port's Clean Truck Program.

July 10, 2013

TransPower Gets Go-Ahead for Electric Drayage Truck Demo

TransPower has received the final piece of funding it needs to go ahead with a demonstration of advanced electric Class 8 drayage trucks at the Ports of Los Angeles and Long Beach.

July 3, 2013

Navistar Names New EVP and CFO

Navistar International Corporation announced that Walter G. Borst will join the company as executive vice president and chief financial officer (CFO).

June 27, 2013

Navistar Appoints Walter G. Borst As Executive Vice President, CFO

Navistar International Corp. announced that Walter G. Borst will join the company as executive vice president and CFO. He succeeds Andrew J. Cederoth, whose departure was announced earlier this week.

June 24, 2013

Navistar CFO Departing After Less Than Four Years

Navistar International announced that Andrew J. (A.J.) Cederoth, the company's executive vice president and chief financial officer, will be leaving at the end of the month as part of a planned transition to a new CFO.

June 20, 2013

Economic Watch: Confidence, Existing Home Sales Move Higher, Navistar Stock Plummets

“Despite month-to-month volatility, the LEI’s six-month growth rate remains steady, suggesting that conditions in the economy remain resilient,” says Ataman Ozyildirim, economist at The Conference Board. “Widespread gains in the leading indicators over the last six months suggest there is some upside potential for economic activity in the second half of the year.”

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