Navistar recently reached a near-breakeven point in its efforts to stage a comeback following its rocky road through trying to meet EPA 2010 emissions requirements. We talked to CEO Troy Clarke about the company's progress following its third-quarter earnings conference call.
October 9, 2014
Although its market share is not increasing as rapidly as it had expected, Navistar has made significant progress in cutting its warranty spend and other costs, and as a result posted a positive income number in its fiscal third quarter, despite lower sales than anticipated.
September 3, 2014
In early July, a top Daimler Trucks official told reporters that fellow German company Volkswagen would make a bid to buy American truck maker Paccar. VW denied it the rumor at the time, and now Paccar has come out with a statement as well.
July 31, 2014
MATS, LOUISVILLE -- The past is gone, and technologies like SCR, multiplexed wiring and telematics, plus high build quality, are the way forward, said Navistar executives Thursday morning.
March 27, 2014
In May, Navistar International Corp. named Bill Kozek, a 26-year veteran of Paccar, as president of Navistar's North America Truck and Parts business. He succeeded Jack Allen, who was promoted to chief operating officer. Kozek spoke with HDT Editor in Chief Deborah Lockridge shortly after the company announced disappointing fourth-quarter earnings. Here's the Q&A.
January 7, 2014
While Navistar has made substantial progress in its Drive to Deliver turnaround program, it still reported worse financial results for its fourth fiscal quarter than it had aimed for. Executives said the main culprits were industry truck sales levels that didn't pick up as soon as expected, and the continuing high warranty costs for its legacy all-EGR EPA-2010 engines.
December 20, 2013
In his first official outing as Navistar International's new president and COO, Troy Clarke jumped right in Friday morning by assuring the audience of supplier executives that "Navistar's not going anywhere but up."
March 22, 2013