Navistar News Updates

Business

Clarke: Brace for Change

NASHVILLE, Tenn. — The business world of 2030 could be a model of orderly, incremental evolution, or it could bound off unexpectedly, forcing firms into obsolescence.

March 6, 2017
Special Coverage, Business

Navistar’s Clarke Urges Open Minds, Preparedness as a Potentially Tumultuous Future Approaches

NASHVILLE, Tenn. — The business world could evolve in an orderly, incremental fashion over the next dozen or so years, or it could bound off unexpectedly in a way that startles and flummoxes most people.

March 1, 2017
Business

Navistar, Volkswagen Seal $256 Million Alliance Deal

NASHVILLE, Tenn. — Navistar International Corp. and Volkswagen’s Truck & Bus division completed their alliance announced in September, with the German automotive company acquiring 16.2 million common shares, or 16.6% of equity, and the Lisle, Illinois, truck maker getting $256 million.

March 1, 2017
Business

CEO Troy Clarke Adds Chairman Title at Navistar

Navistar International Corp. CEO Troy Clarke is now also chairman of the company’s board of directors, the original equipment manufacturer said Feb. 21.

February 22, 2017
Business

Navistar Completes Repricing of $1 Billion Loan

Navistar International Corp. announced it has completed the repricing of subsidiary Navistar Inc.'s existing $1 billion senior secured term loan.

February 9, 2017
Business

Navistar Seeks to Reprice $1 Billion Loan

Navistar International Corp. announced that, subject to market conditions, the company and its wholly-owned subsidiary Navistar Inc. are seeking to reprice Navistar Inc.'s existing approximately $1 billion senior secured term loan under Navistar Inc.'s Senior Secured Term Loan Credit Facility. 

February 2, 2017
Business

Navistar Plans to Issue Additional Notes at 8.25%

Navistar International Corp., the parent company for the International trucks brand, announced plans Jan. 12 to issue, subject to market conditions, $200 million of its 8.25% senior notes due 2021.

January 13, 2017
Business

Navistar Trims Net Losses in 4Q, Fiscal 2016

Truck and engine maker Navistar International Corp. reported lower net losses, year-over-year, for its fourth quarter and 2016 fiscal year ended Oct. 31.

January 2, 2017
Business

Navistar Slows Losses Amid Tough Industry Conditions

Truck and engine manufacturer Navistar International Corp. reported lower year-over-year net losses for its fourth quarter and 2016 fiscal year periods ended Oct. 31.

December 20, 2016
Business

Navistar Locates Used Truck Reconditioning Center at Prototype and Testing Facility

Navistar Inc. said it has reopened its Used Truck Reconditioning Center and co-located it at its prototype and testing facility in Melrose Park, Illinois. Navistar is the parent company of the International brand of trucks.

December 12, 2016