Though Navistar won a court ruling last week that dismissed a case brought by rival truck and engine makers about the validity of the compliance certificates issued to the company, the court battle appears to ...
Navistar reported a loss of $2.8 billion in the fourth quarter of 2012, stemming largely from restructuring efforts and warranty claims on its 2010 MaxxForce engines.
Navistar and Cummins have finalized an agreement in which Cummins will supply Navistar with parts for its SCR system.
The company said a voluntary separation program and a reduction in its salaried work force should generate $70-$80 million in annual savings
The EPA has filed its ruling about Navistar's non-compliant engines, and details are expected soon.
Navistar says it will reestablish a relationship with Cummins and begin offering the ISX15 15-liter diesel engine in certain models in January 2013.
Navistar announced a management realignment and acknowledged that discussions with the EPA for its EGR are ongoing.
Company, facing millions of dollars in potential fines, says its "2010 transition was appropriate."
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