Navistar

Volkswagen to buy big stake in Navistar International

Navistar International Tuesday announced Volkswagen will be acquiring a roughly 17 percent stake in the company, opening the door to North America for the world's largest automobile and truck maker and setting up a strategic powertrain alliance between the two companies.

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Several major truck, engine makers awarded $20M to build SuperTruck II

The DOE announced the SuperTruck II program earlier this year. The goal, it says, is to double so-called freight efficiency on Class 8 tractor-trailers by driving down fuel consumption. The program follows up on the original SuperTruck program, which handed out the same $20 million to major truck and engine makers in 2010 to improve fuel economy over 2009 tractor-trailers by 50 percent.

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Navistar International sees first profit since 2012

The $4 million in net income is well above the $64 million net loss Navistar reported for the same time period in 2015. The truck and engine maker has been battling back from the financial fallout brought on by its 2010 emissions strategy.

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Navistar remote diagnostics system hits 200,000 vehicle milestone

Initially demonstrated in October 2013, the company says the milestone underscores the system’s integration with a large and growing number of leading telematics service providers.

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Navistar pays $7.5 million to settle SEC accusations that it misled investors about 2010 emissions compliance

The SEC also announced April 1 it has brought charges against former Navistar CEO Dan Ustian, claiming the truck and engine maker's former boss misled investors about the company's ability to meet 2010 emissions standards.

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Navistar cuts losses, promises revamped truck lineup by end of 2018

Navistar International Corporation Tuesday announced a first quarter 2016 net loss of $33 million, a 21 percent improvement over the $42 million net loss posted Q1 last year. The company also announced it plans to revamp its lineup of trucks by 2018.

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Navistar nears settlement with SEC in emissions-related probe

Navistar International said Thursday the company hopes to pay a fine as part of a settlement with the U.S. Securities and Exchange Commission.

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Navistar posts $184M loss for 2015 FY, fourth straight annual loss

Navistar International Corporation Thursday reported a fourth quarter 2015 net loss of $50 million, an improvement of $22 million from a fourth quarter 2014.

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Navistar recalls in some Cummins-equipped ProStars; Cummins recalls some nat gas engines

There have been several recalls issued recently from equipment manufacturers.

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Nearly 11,000 trucks being recalled in Fontaine fifth wheel recall

All major North American truck manufacturers have issued recalls for certain trucks equipped with Fontaine Ultra LT Fifth Wheel connectors, which were recalled by Fontaine in September.

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