Navistar International Corp. and Mahindra & Mahindra Ltd. said Tuesday that Mahindra has completed its purchase of Navistar’s stake in an Indian joint venture.
February 12, 2013Business
Navistar Reports Loss in 4Q, CEO Sees Profitable 2014
Navistar International Corp. announced last week its fiscal fourth-quarter loss ballooned to $2.76 billion, mostly due to a tax-related charge, but executives said long-term product improvements will restore profits.
December 24, 2012Business
Navistar Reports 4Q Loss on Tax, Restructuring Charges
Navistar International Corp. reported a fourth-quarter loss on tax expenses and expenses related to a cost-reduction program and engine warranties.
December 19, 2012Business
Navistar Selling Stake in Indian Joint Venture
Indian truck maker Mahindra & Mahindra Ltd. plans to purchase Navistar International Corp.’s stake in the two companies’ Indian joint venture for about $33 million.
December 18, 2012Business
Navistar Ahead of Schedule in Shipping ProStars with Cummins SCR Engines
Navistar International Corp. said it is shipping its first 300 International ProStar Plus Class 8 tractors equipped with Cummins ISX15 engines, which use selective catalytic reduction technology.
December 18, 2012Business
Navistar Installs First Cummins ISX15 In ProStar Plus Tractor Featuring SCR
WASHINGTON — Navistar International Corp. installed its first Cummins ISX15 engine in a ProStar Plus tractor on Nov. 15, with Chairman and CEO Lewis Campbell attending at the company’s Escobedo, Mexico, factory.
November 19, 2012Business
Navistar’s First International ProStar With SCR Engine Rolls Off Production Line
Navistar International Corp. said its first International ProStar Plus Class 8 on-highway tractor equipped with a Cummins ISX15 engine and selective catalytic reduction technology rolled off the production line this week at its plant in Escobedo, Mexico.
November 16, 2012Business
Navistar to Close Truck Plant, Move Work to Ohio, Mexico
Navistar International Corp. last week announced plans to cut costs by closing its Garland, Texas, plant, a move that affects 900 workers but not the company’s overall manufacturing capacity.
November 5, 2012Business
Navistar to Close Texas Truck Plant
Navistar International Corp. said it will close its truck manufacturing plant in Garland, Texas, early next year, cutting 900 jobs as a result, to reduce costs.
October 31, 2012Business
Navistar Sets Stock Offering of 10 Million Shares
Navistar International Corp. said Wednesday it is making a public offering of about 10 million shares of its stock.
October 24, 2012