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Tag: Navistar earnings
Construction Equipment
Decreased warranty costs leading Navistar turnaround as company reports first income in 3 years
Navistar has been weighted down by the failures of its EGR-only engines now for several years, and the company’s quarterly earnings reports became a regular reminder of the work that lies ahead in restoring a once prominent trucking heavyweight. After nearly three full years of taking a beating from a combination of analysts, investors and […]
September 4, 2014
Business
Navistar loses $247 million in Q3, cuts 500 employees from workforce
Navistar’s efforts to restore the company’s profitability took a logical yet unenviable turn Tuesday as the company announced plans to trim its workforce by 500 employees. The cuts were announced as part of Navistar’s earnings report Tuesday morning, where the company reported a third quarter 2013 net loss of $247 million—down significantly from a net […]
September 4, 2013
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