Navistar, Traton Make a Deal
Navistar and Traton have agreed in principle to a deal for the acquisition of Navistar International Corp. by Volkswagen’s truck and bus unit for $3.69 billion.
October 16, 2020
Navistar and Traton have agreed in principle to a deal for the acquisition of Navistar International Corp. by Volkswagen’s truck and bus unit for $3.69 billion.
October 16, 2020
In response to the ongoing COVID-19/coronavirus pandemic, auto- and truck makers are announcing extended production and factory closures.
April 2, 2020
Navistar International has agreed to settle pending class action lawsuits that alleged that certain Navistar MaxxForce Advanced EGR engines are defective and that Navistar failed to disclose or correct the alleged defect.
May 29, 2019
Navistar International Corporation has named Kevin Sheehan to its board of directors, effective immediately. Sheehan replaces Daniel Ninivaggi, who resigned from the board after more than a year of service.
October 12, 2018
Navistar has tapped David Giroux, who has worked in communications for companies such as Meritor, Peterbilt, and Daimler Trucks North America, to head up its Corporate Communications department.
August 30, 2018
Navistar International Corporation named Christian Schulz to its board of directors, effective immediately. Schulz replaces Matthias Gründler, who previously resigned from the Navistar board after serving more than a year as a director.
August 15, 2018
Volkswagen AG cooled expectations that it is moving to take over Navistar International in an April 18 filing with the Securities and Exchange Commission. However, in the same statement, the Germany-based OEM left the door open for its Volkswagen Truck & Bus GMbH subsidiary to possibly acquire U.S.-based Navistar at some later date.
April 19, 2018
Navistar International Corporation announced Raymond Miller has been named to the company's board of directors, effective immediately.
April 19, 2018
Navistar has signed an agreement with TPI Composites to design and develop Class 8 trucks with lighter-weight frame rails and body panels crafted from composite materials.
April 5, 2018
Navistar International announced that Friedrich W. Baumann has joined the company as senior vice president, strategy, and planning.
April 3, 2018
Truck and engine manufacturer Navistar International Corp. on Thursday reported its net loss grew during its fiscal first quarter compared to a year ago, but one top official insisted the company is headed in a positive direction.
March 8, 2018
Navistar International Corp. reported on Tuesday that it returned to profitability as it wrapped up its 2017 fiscal year and final quarter.
December 19, 2017
The sweepstakes, which was open to qualified truck drivers holding a CDL, celebrated the availability of OnCommand Connection Telematics.
November 23, 2017
Navistar has announced that it will raise truck prices by up to 2% in the coming year due to rising commodity prices.
October 23, 2017
After a tough run earlier this decade, Navistar told trucking reporters it is "back in business," touting its new and improved product line, a booming vocational market and a strong economy.
October 12, 2017