Navistar marketshare rises, losses hit $247 million

Jason Cannon September 4, 2013

For the third quarter 2013, Navistar’s truck segment reported a loss of $58 million, compared with a $26 million loss for the same period a year ago. The segment also saw lower net sales of $1.92 billion – a 15 percent decrease year-over-year.

The engine segment reported a loss of $86 million, compared to a $47 million loss in third quarter 2012. Net sales were 14 percent lower year-over-year at $723 million.

Total revenue in the quarter was $2.9 billion, down 12 percent from the third quarter of 2012, reflecting lower net sales across all classes of Navistar’s core truck business, due to the impact of the company’s SCR emissions transition for both heavy- and medium-duty vehicles and a nine percent drop in overall industry demand in North America during the quarter.

In an effort to boost its medium-duty business, Navistar announced Tuesday plans to offer the Cummins ISB engine in its International DuraStar medium-duty trucks and IC Bus CE Series school buses effective immediately.

View this article on one page


Have truck sales the first 3 months of 2014 changed your expectations for year-end sales?


Kenworth of Pennsylvania opens new parts, service center

Four Star Freightliner invests in transmission service

Idealease duo honored by National Private Truck Council


Rush Enterprises truck sales outpacing industry, up 30 percent

Stoughton Trailers files unfair trade petition over ‘dumping’ of Chinese imports

TRP celebrates 20-year anniversary