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Tag: Navistar: Page 3
Business
Navistar closes deal with VW, accepts $256M for 16% stake in company
In the near term, the new partnership will focus on developing common power train systems that are set to be delivered to North American customers by 2019, according to the companies’ original announcement in September.
March 1, 2017
Business
Navistar launches new 12.4-liter engine for on-highway applications
Navistar announced at TMC Monday the launch of its new 12.4-liter engine, the International A26, which will replace the company’s N13 engine. Kenworth also announced new steer axle options for T680 and T880 trucks, and Cummins launched a new oil analysis program.
February 28, 2017
Business
Navistar recalling certain model year 2017 trucks for potential battery problem
Navistar says the affected vehicles have a metallic battery cover that could unlatch and contact the battery’s jump start stud, causing an electrical short to ground if the jump start stud isn’t covered.
January 20, 2017
Business
International introduces new ‘flagship’ Class 8 tractor
International on Friday introduced its new flagship line of Class 8 on-highway trucks, taking the mantle from the company’s ProStar. The new LT series will be available with both the Cummins X15 and the Navistar proprietary N13.
September 30, 2016
Business
Advanced cruise control system pushes Navistar SuperTruck to double efficiency standards set by DOE, company says
The CatalIST SuperTruck achieves a fuel economy of 13 mpg. Navistar says one of the major gains made by the SuperTruck development is in its predictive cruise control, which looks ahead of the vehicle and recognizes the terrain and continuously calculates the most efficient speed and gear for optimal fuel economy in real time.
September 28, 2016
Business
International makes collision avoidance system standard on new truck line
International Truck is slated to become the first OEM to make a collision mitigation system standard equipment when the Lisle, Ill. truck-maker unveils its LT Series on-highway Class 8 tractor later this month.
September 22, 2016
Business
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.
September 6, 2016
Equipment
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.
August 31, 2016
Business
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.
June 7, 2016
Business
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.
May 11, 2016
Business
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.
April 1, 2016
Business
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.
March 8, 2016
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