Navistar International Corporation is an American holding company created in 1986 as the successor to International Harvester.
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Navistar International Corporation is an American holding company created in 1986 as the successor to International Harvester.
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Navistar operates as the owner of International brand of trucks and diesel engines.
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Navistar operates through a network of nearly 1,000 dealer outlets in the United States, Canada, Brazil, and Mexico and more than 60 dealers in 90 countries.
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In 2004, Navistar re-entered the retail vehicle market for the first time since 1980, with the International XT series.
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In 2005, Navistar purchased the Workhorse Custom Chassis, LLC, a manufacturer of step-van and motor home chassis, to seemingly re-enter the delivery van market.
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In Sept of 2012, Navistar announced the shut down of Workhorse and the closure of the plant in Union City, Indiana, in order to cut costs.
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In September 2010, despite uncertainty over EGR and a sluggish economy, Navistar leadership revived an effort to relocate the company headquarters from Warrenville, IL, to nearby Lisle, IL.
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In 2011, Navistar began phasing out its Truck Development and Technology Center in Fort Wayne, Indiana.
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In March 2013, Navistar announced that interim CEO Lewis Campbell would step down and COO Troy Clarke would be named CEO and chairman of the board.
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In September 2013, Navistar announced it would cut 500 more jobs amid a larger than expected third-quarter loss.
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Navistar reported a slower than expected return to profitability due to large market share losses, declining sales, and weak market conditions.
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On July 31,2015, Navistar ceased operations and laid off the remaining 15 employees at the Truck Development and Technology Center in Fort Wayne, Indiana.
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Navistar sold several businesses that it deemed were not providing enough of a Return On Invested Capital .
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In January 2014, Forbes reported several key challenges facing Navistar, which include declining military sales, a pension plan underfunded by $2.
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In February 2014, Navistar announced it would move some engine production operations from Huntsville, Alabama, to Melrose Park, Illinois by summer 2014.
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Navistar said it would keep two other diesel engine plants operating in Huntsville.
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Navistar expects to realize cumulative synergies of $500 million over the first five years.
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On July 15,2020, Navistar established a developmental production partnership with TuSimple, an autonomous trucking technology company, to manufacture Level-4 autonomous semi-trucks.
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In 1991, Navistar entered the school bus industry as a body manufacturer when it began its acquisition of AmTran, an Arkansas-based company founded as Ward Body Works in 1933.
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In 2005, Navistar purchased MWM International Motores, a Brazilian engine manufacturer formerly associated with Deutz AG.
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In 1986, Navistar was formed from the engine division of the former International Harvester .
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Navistar discontinued the eStar van in March 2013, as part of a corporate restructuring plan to focus on current profitability.
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Navistar Defense has a small Canadian branch, named Navistar Defence Canada.
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In third-quarter 2016, Navistar Defense said it received a subpoena from the United States Department of Defense Inspector General asking for documents related to the sale of some independent suspension systems to the government.
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On Friday, August 28,2012, Navistar filed a protest with the Government Accountability Office but pulled their protest on Tuesday, September 4,2012.
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On June 20,2013, Navistar Defense idled production at their West Point, MS production plant.
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Navistar had proposed its Special Operations Tactical Vehicle for the competition.
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Navistar Defense built 9,000 of the 27,000 vehicles bought by the Pentagon.
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In December 2014, Navistar Defense lost their bid for the Engineering, Manufacturing Development contract for the Armored Multi-Purpose Vehicle .
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Navistar Defense lost their bid for Canada's Department of National Defence MSVS Project - SMP vehicle contracts.
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In September 2014, Navistar Defense announced they would hire 200 workers and re-open operations at their West Point, MS production plant.
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On February 2,2015, Navistar Defense was awarded a $15,381,152 firm-fixed-price contract with options for eight MRAP MaxxPro Hardware Kits to support MaxxPro vehicle standardization and reset.
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On March 18,2015, Navistar Defense was awarded a $83,424,223 cost-plus-fixed-fee multi-year contract for system technical support and system sustainment technical support for MRAP MaxxPro vehicles.
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On May 19,2016, Navistar Defense was awarded an $11,682,550 firm-fixed-price, foreign military sales contract for 50 medium tactical vehicle aircraft refuelers.
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On May 24,2016, Navistar Defense was awarded a $29,791,289 modification to contract W912QR-16-D-0025 to reset and upgrade an additional 250 Mine Resistant Ambush Protected Vehicles, with an option for an additional 200 vehicles.
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Navistar entered into an agreement to purchase General Motors' medium duty truck unit in 2007, but because of changing market conditions the purchase ultimately did not occur, and production of the Chevrolet Kodiak and GMC TopKick were discontinued in 2009 as GM entered bankruptcy protection.
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In September 2001, Navistar announced a joint venture with Ford, named Blue Diamond Truck Co.
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On January 31,2005, Navistar Financial said it would restate financial statements for fiscal years 2002 and 2003 and the first three quarters of fiscal 2004, because it did not take into consideration potential changes to future income.
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On December 15,2006, Navistar executives announced a further delay in its restatement and 2006 results.
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On October 31,2007, Navistar formally announced their intent to move forward with EGR as the company's strategy.
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On November 24,2008, Navistar revealed it would use EPA Credits in order to comply with the 2010 legislation.
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In March 2009, Navistar sued the EPA, claiming that the agency's guidance documents for SCR implementation were invalid because they were adopted without a public process and with input only from the SCR engine makers.
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Several Navistar competitors sued, and in June 2012 the same appeals court ruled that EPA's interim rule was invalid because it did not give the public notice and an opportunity for comment.
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On December 16,2014, Navistar reported a larger than expected 4th quarter net loss of $72 million.
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In March 2015, Navistar reported a first-quarter 2015 net loss of $42 million, or $0.
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On June 4,2015, Navistar reported a second-quarter net loss of $64 million, or 78 cents a share, compared with a year-earlier loss of $297 million, or $3.
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On June 9,2015, Navistar named Jeff Sass as the new Senior VP of North American Truck Sales.
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In July 2015, the EPA filed a civil lawsuit against Navistar seeking $300 million in fines over its use of non-compliant engines in its 2010-model trucks – engines that did not meet the agency's exhaust emission standards.
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Navistar classified the engines as 2009 model year engines because it began assembling them in 2009.
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Navistar has stated they dispute the allegations and would "aggressively defend" their position.
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