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News Stories (47 Results) - Navistar

FreightCar America announced that it has entered into an asset purchase agreement with Navistar, Inc. to acquire substantially all of Navistar’s operating assets associated with its railcar operations at the Shoals facility in Cherokee, Alabama. The... Read Story
February 27, 2018, 07:05 AM


Class 8 same dealer used truck sales dropped by 17% last month following the unexpected climb in October, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.“Seasonal weakness is not... Read Story
December 22, 2017, 08:10 AM


Class 8 same dealer used truck sales volumes rose by two dozen units in September, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.“Long term, the outlook is positive, with volumes... Read Story
October 27, 2017, 07:00 AM


Class 8 same dealer used truck sales volumes gained some ground in August, following two consecutive months of declines, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research. “Channel... Read Story
September 27, 2017, 07:00 AM


Class 8 same dealer used truck sales volumes continued to decline in July, falling 5% month-over-month, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research. “Channel analysis indicates... Read Story
August 28, 2017, 07:05 AM


Class 8 same dealer used truck sales volumes slipped slightly in June, falling 3% month-over-month, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research. “Channel analysis shows that... Read Story
July 27, 2017, 07:04 AM


Class 8 same dealer used truck sales volumes experienced an unexpected rebound in May, making up for last month’s decline, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research. “While... Read Story
June 27, 2017, 07:00 AM


Class 8 same dealer used truck sales volumes dropped in April, breaking a three-month run of double-digit gains, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research. Total volumes for... Read Story
May 26, 2017, 07:04 AM


Class 8 same dealer used truck sales volumes continued to show strength in the closing month of the first quarter, increasing month-over-month with a third sequential double-digit rise, according to the latest release of the State of the Industry:... Read Story
April 25, 2017, 07:00 AM


Used Class 8 truck same dealer sales volumes improved for a second consecutive month in February, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research. “Total volumes were also higher... Read Story
March 29, 2017, 07:00 AM


Used Class 8 truck same dealer sales volumes started 2017 on a positive note, up markedly compared to a relatively weak January 2016. Somewhat uncharacteristically, sales also rose from December, marking a second consecutive month-over-month increase... Read Story
March 02, 2017, 07:00 AM


Used Class 8 truck same dealer sales increased again in November, recording a 1% month-over-month increase, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research. Historically, November... Read Story
December 23, 2016, 07:00 AM


Used Class 8 truck same dealer truck sales fell 11% month-over-month in September. The drop reversed a growth trend that started in February, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT... Read Story
October 27, 2016, 06:55 AM


Used Class 8 truck same dealer sales volumes continued to show volatility in August, yet remained on a positive trend, including a 19% increase over July. Enhanced by the latter, long term comparisons show 2016 being off by only 2% year-to-date... Read Story
September 26, 2016, 07:20 AM


Used Class 8 truck same dealer sales volumes fell in July, posting an 8% m/m drop, following a double-digit m/m increase in June, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.... Read Story
August 26, 2016, 07:00 AM


Used Class 8 truck same dealer sales volumes swung upward in June, posting a double-digit month-over-month increase, following a sharp decline in May, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks... Read Story
July 27, 2016, 07:06 AM


Used Class 8 truck metrics continued to be mixed in February, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.“February Class 8 used truck volumes appeared to be getting an early... Read Story
March 23, 2016, 07:00 AM


Used Class 8 truck metrics continued to be mixed in December, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.“December unit sales rebounded from November, but were flat... Read Story
January 27, 2016, 07:00 AM


Used Class 8 truck metrics continued to be mixed in October. Volumes shrank 3% m/m, despite longer term comparisons being stable, with volumes down a mere 1% y/y and the past nine months flat, relative to the same period in 2014, according to the... Read Story
November 30, 2015, 07:04 AM


Used Class 8 truck metrics were generally in line from June to July, with average age and miles up an incremental 1% each. Compared to last year, average prices were up 2% in July and 6% YTD, according to the latest release of the State of the... Read Story
August 27, 2015, 07:00 AM


A subsidiary of Navistar Financial Corporation (NFC) closed a $250 million, two-year, 144-A securitized dealer floor plan transaction to support International® Truck and IC Bus™ dealer inventory funding. The transaction will replace a $250 million... Read Story
July 29, 2015, 07:00 AM


Keeping with the flattening trend seen in age and mileage, average price also experienced a leveling off compared to April. YTD prices were up 8% from last year, with gains in line for ACT’s expectations of 5-10% growth in 2015.Total reported volumes... Read Story
June 26, 2015, 07:03 AM


Total reported volumes of used Class 8 trucks inched to 2,806 units in April, virtually unchanged month-over-month, but up 1 % year-to-date, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT... Read Story
May 22, 2015, 06:57 AM


Total reported volumes of used Class 8 trucks were flat in October, rising by 1% month over month, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research. “The month over month gain came... Read Story
December 01, 2014, 06:34 AM


A subsidiary of Navistar Financial Corporation (NFC) has sold $250 million of wholesale floor plan notes in a two-year 144-A securitized transaction to support International® Truck and IC Bus™ dealer inventory funding. It will replace a $200 million... Read Story
November 10, 2014, 06:53 AM


Total reported volumes of used Class 8 trucks rose 6% month over month and 4% year over year in September, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.“Year-to-date, sales... Read Story
November 04, 2014, 07:05 AM


The volume of used Class 8 trucks sold in July rose 2% above June’s volume, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.“Year-to-date, sales are down 5%, but the YTD... Read Story
August 27, 2014, 06:00 AM


The volume of used Class 8 trucks sold in June rose 10% above May’s volume, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.“June’s performance was a little counterintuitive, given... Read Story
July 28, 2014, 06:06 AM


The volume of used Class 8 trucks sold in May dropped 12% below April’s volume, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research. “The volume drop was expected, since sales usually... Read Story
June 26, 2014, 06:00 AM


Navistar Financial Corporation (NFC), an affiliate of Navistar International Corporation announced  that it has completed a $100 million trade receivables securitization program. The liquidity is provided by one of NFC's relationship banks. The... Read Story
June 02, 2014, 06:00 AM


The average selling price of total reported used Class 8 trucks continues to hold up better than expected, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.“For the first ten months... Read Story
November 27, 2013, 06:30 AM


The average selling price of total reported Class 8 used trucks continued to hold up better than expected in August, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.“For the first... Read Story
September 25, 2013, 06:28 AM


Navistar Financial Corporation (NFC), an affiliate of Navistar, Inc., has signed agreements to extend its $500 million dealer inventory funding facility an additional six months. The facility, which is funded through three of NFC's major relationship... Read Story
September 20, 2013, 06:45 AM


Volumes for used Class 8 trucks slipped slightly in May due to the retail market slowing 4% month over month. Auction and wholesale segments saw month over month gains. The update on the used market was reported in the latest release of the State of... Read Story
June 26, 2013, 07:00 AM


According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, the used truck market enjoyed a second consecutive month of improved volumes in March. The retail market was flat compared to... Read Story
April 26, 2013, 06:07 AM


According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, September’s weak performance all but wiped out the gains that had been made in the used truck market the prior three months. “Class... Read Story
October 29, 2012, 06:04 AM


Pricing continues to be the most interesting and watched of the used truck market metrics. In August, pricing was up for all three time period comparisons, month over month, year over year, and year-to-date over year-to-date. Volumes also increase... Read Story
October 01, 2012, 07:39 AM


According to the Wells Fargo Equipment Finance Trucking Quarterly Report for Q3 2012, improved performance in new home construction should help support growth in the transportation industry during the second half of the year. The report states that... Read Story
September 19, 2012, 07:34 AM


Fitch Ratings has downgraded the Issuer Default Ratings (IDR) for Navistar International Corporation (NAV) and Navistar Financial Corporation (NFC) to 'CCC' from 'B-'. The rating Outlook is Negative. A full list of rating actions is shown at the end... Read Story
September 18, 2012, 08:11 AM


Navistar International Corporation announced third quarter 2012 net income of $84 million compared to third quarter 2011 net income of $1.4 billion. Current quarter results included an income tax benefit of $196 million that primarily resulted from a... Read Story
September 06, 2012, 07:27 AM


Navistar Financial Corporation (NFC), an affiliate of Navistar, Inc., has signed agreements to renew and increase its largest dealer inventory funding facility to $750 million, effective immediately. The facility is funded through three of NFC's... Read Story
August 31, 2012, 07:02 AM


ACT Research noted all the month-over month comparisons – volume, price, miles, and age – for all weight groups of used trucks improved in July.“Up until a few months ago, most dealers cited a lack of inventory as the primary factor holding them back... Read Story
August 29, 2012, 06:15 AM


June used truck sales grew 8% over May, but lagged June 2011 and the first six months of 2011, while pricing appears to be slowing a little more rapidly than was previously expected. The update on the used market was reported in the latest release of... Read Story
August 01, 2012, 06:12 AM


The average retail selling price for a used Class 8 truck dropped to $48,643 in May, down 6% month over month, but 3% above the average price in May 2011. On a year-to-date basis, prices remained 13% above last year’s pace. The update on the used... Read Story
June 27, 2012, 07:00 AM


April saw a turn-around in the trend of the prior two months in the Used Class 8 truck market, as volumes sank and pricing rose. The update on the used market was reported in the latest release of the State of the Industry: U.S. Classes 3-8 Used... Read Story
May 30, 2012, 07:30 AM


ACT Research reported that in February, the performance differences between total vans and all other trailers was striking: net orders for total van trailers were off 32% month over month while all other trailers posted a gain of 31%. This update on... Read Story
March 28, 2012, 07:00 AM


Used Class 8 truck price appreciation was prevalent in January sales in the retail and wholesale channels. The sole weak spot was the month-over-month change in auction results. Strength in pricing is once again attributed to soft volumes. The update... Read Story
February 28, 2012, 07:00 AM