navistar

Navistar International Corporation (NYSE: NAV) reported a $36 million loss for the fiscal first quarter on Wednesday as truck sales across its lineup fell along with financing and parts revenue. The Lisle, Illinois-based truck maker said it was "carefully reviewing and evaluating" an unsolicited...

The timing of TRATON SE's $2.9 billion buyout bid for Navistar International Corp. (NYSE: NAV)  could be influenced by Troy Clarke's mandated retirement as CEO of the truck maker he has guided through inherited crises. Other factors, including the preference of billionaire investor Carl Icahn, may...

Volkswagen's TRATON SE truck unit late Thursday offered $2.9 billion, or $35 a share in cash, for the 83% of Navistar International Corp. (NYSE: NAV) it does not already own. The news, first reported by Bloomberg, broke after U.S. markets closed. After-hours trading in Navistar, which makes...

Navistar International Corp. (NYSE: NAV) is regaining chunks of market share in medium- and heavy-duty trucks, winning back customers who walked away several years ago because they could not rely on the company's products. Navistar has averaged a percentage point of additional core share a year...

Navistar International Corp. (NYSE: NAV) reported better-than-expected earnings for its fourth quarter but fell short on revenue projections. The Lisle, Illinois-based truck maker recorded its seventh consecutive full-year improvement in earnings before interest, taxes, depreciation and...

Navistar International Corp. (NYSE: NAV) is recalling 12,539 International brand work trucks equipped to send power from the truck for other uses because the engine speed could overwhelm the parking brake and lead to unintentional movement. The condition could cause injury or property damage, the...

A federal judge unsealed a 6-year-old whistleblower suit against Navistar Defense LLC and Navistar International Corp. (NYSE: NAV) that seeks at least $1.28 billion in damages over allegedly forged invoices for military vehicles and components. According to the civil suit unsealed Dec. 3, Navistar...

Navistar International Corp. (NYSE: NAV) is skipping the chase for incentives on demonstration electric trucks to consult with customers on custom-built zero-emission medium-duty models with a total cost of ownership rivaling a diesel truck. "We're in this for the long haul," said Jason Gies,...

Navistar International Corp. (NYSE: NAV) plans to invest more than $250 million in a new manufacturing plant near San Antonio, Texas, adding approximately 600 new jobs. As reported earlier, the Lisle, Illinois-based truck maker also said Thursday, Sept. 19, that it plans to increase its earnings...

Navistar International Corp. (NYSE: NAV) plans to invest more than $250 million in a new manufacturing plant near San Antonio, Texas, adding approximately 600 new jobs, if it gets incentives it is seeking. The Lisle, Illinois-based truckmaker also said Thursday, Sept. 19, that it plans to increase...

Navistar International Corp. (NYSE: NAV) crushed fiscal third quarter analyst estimates, posting  higher revenue, profits and market share. The Lisle, IL-based truck and bus maker reported net income of $156 million, or $1.56 per diluted share, compared with third quarter 2018 net income of $170...

After seeing a $31 million jury award against Navistar International (NYSE: NAV) wiped out by a Tennessee appeals court last week, Milan Supply Chain Solutions is confident it can convince the state's highest court it should get it back. A three-judge panel sitting on Tennessee's Court of Appeals...

Navistar International Inc. (NYSE: NAV) is the first major truck maker to confirm a reduction in production rates in the current economic cycle.   "Due to the cyclical nature of the business, we will be reducing line rates at our Springfield [Ohio] Assembly Plant," spokeswoman Lyndi McMillan told...

It is easy to dismiss company declarations of "customer first" as marketing tripe.    But when your company survives nearly going out of business over a product flaw that halved market share and pushed angry customers into the arms of competitors, such a pledge takes on deeper meaning. For...

Navistar International (NYSE: NAV) shares fell nearly 6.5 percent on Wednesday (July 17) after the head of Volkswagen's (OTCPK:VWAGY) trucking group TRATON SE said it was "not interested" in a full acquisition of the Lisle, Illinois truck manufacturer.  TRATON CEO Andreas Renschler told the German...