Navistar

ATA says rules should assume “drivers” will no longer be people.

The on-again, off-again trade war between the U.S. and China is a great threat to commercial vehicle forecasts, already buffeted by too many trucks and slowing freight growth.

Navistar is the first to slow production lines for new trucks. It is targeting medium-duty units because inventories are up 30 percent year over year.

Investor speculation that VW’s Traton SE would complete an acquisition of Navistar International took a hit along with the share price July 17 when the head of Traton said he was satisfied with the present 16.8 percent of the Illinois company’s shares.

Navistar and Daimler Trucks North America are recalling some severe-duty trucks because the axle assembles were not properly lubricated at a Meritor plant.

On its earnings call, NAV walked through its earnings outperformance and provided some highlights on the business and its increased guidance.

Military members under the age of 21 can now apply for inclusion in an FMCSA pilot program for younger drivers.

Navistar reported adjusted earnings per share of $1.06, $0.18 higher than the consensus estimate and raised its 2019 guidance.

Despite weakness across global markets in May, as well as increased global trade hostilities, the German auto/truck manufacturer plans to move forward with the IPO.

Navistar International has agreed to pay $135 million to truck owners to settle class action complaints over defective MaxxForce engines.

The dealbook for Volkswagen’s proposed IPO of its heavy-truck unit appears to be lower than anticipated according to sources.

Navistar was up 3 percent on Monday, May 13, 2019 and is up more than 8 percent in Tuesday’s trading.

Navistar recently recalled more than 24,000 International model heavy-duty trucks due to a possible defect that could cause the exhaust tail pipe to fall off the vehicles while they are moving.

Navistar’s Steve Gilligan discussed several technological opportunities for truck makers, including autonomous and electric trucks, during this week’s ACT Research conference.

ACT Research is forecasting 335,000 truck orders in 2019, but a sharp dropoff in 2020.

January new truck orders have fallen 26 percent from December, continuing a trend that has developed after record-breaking months last year.

A company that once had problem after problem is turning things around on the back of the strong market for class 8 trucks.

An Eaton clutch defect leads to a recall of International truck models and other OEMs may have to follow suit, plus Amazon Air takes off and intermodal growth being driven by inland ports.

International’s new CV Series of Class 4-5 trucks is designed to help smaller companies scale and give larger fleets the opportunity to expand their businesses with one truck maker.

International Trucks has introduced a new spec package for its LT Series that it says will increase fuel efficiency by up to 8%.