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Information About

Navistar International Corporation




  Company Logo
  Company Type Public
  Foundation Chicago, Illinois ( 1902 )
  Location Warrenville, Illinois
  Key People Daniel C Ustian , Chairman, President & CEO
  Industry Automotive
  Num Employees 14,800
  Products Truck s,<br /> Bus ses and Schoolbus es,<br/> Diesel Engine s<br /> Chassis
  Revenue $9713 billion USD ( 2004 )


Navistar International Corporation () (formerly International Harvester Company ) is a manufacturer of International brand commercial trucks, MaxxForce brand diesel engines, IC Corporation brand School Bus es, Workhorse brand chassis for motor homes and step vans, and is a private label designer and manufacturer of diesel engines for the pickup truck, van and SUV markets. The company is also a provider of truck and diesel engine parts and service.

The company's products, parts, and services are sold 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 throughout the world. The company also provides financing for its customers and distributors principally through its wholly owned subsidiary, ''Navistar Financial Corporation''.


HISTORY

The merger of McCormick Harvesting Machine Company and the Deering Harvester Company in 1902 resulted in the formation of the ; Solar ( Gas Turbine s) Division to Caterpillar ; Cub Cadet (lawn and garden equipment) to MTD Products and, lastly, the Agricultural Division to Tenneco who merged it with their JI Case subsidiary. After the Ag sale in 1985 , all that remained of IH was the Truck and Engine Divisions and the company changed its name in 1986 to Navistar International Corporation. (The International Harvester name and IH logo were assets of the Agricultural Division and consequently were part of the sale to Tenneco ; the IH name and logo are still in use being incorporated into the Case IH brand name). IH had used the ''International'' brand in its agricultural, construction and truck product lines and the brand name continues on in product lines of Navistar International's ''International Truck and Engine Corporation'' subsidiary.

Navistar International is notable for a serious Workplace Shooting on February 5th, 2001. http://www.occupationalhazards.com/News/Article/34105/Chicago_Plant_Rocked_By_Workplace_Shooting.aspx

In January 2006, the company declared it would not file its Form 10-K Annual Report with the U.S. Securities And Exchange Commission on time. The delay was caused by the disagreement with its auditors, Deloitte And Touche , over complex accounting issues. In April, Navistar fired Deloitte , its independent auditor for 98 years, and hired KPMG to help restate earning back to 2002 in order to fix accounting errors. On December 15 , 2006 , Navistar executives announced further delay of its restatement and 2006 results. The announcement prompted the NYSE to announce the delisting of the company, after 98 years of trading, although the NYSE subsequently delayed the delisting pending an appeal by Navistar. However, Navistar was removed from the S&P 500 Index, and the NYSE eventually denied Navistar's appeal and delisted the stock; it now trades on the Pink Sheets .

Navistar International has a contract with Budget Truck Rental to make their rental trucks. http://www.budgettruck.com/Company-Info.aspx

made by IC Corporation transporting Houston ISD students.]]


LIST OF NAVISTAR ENGINES


International Truck and Engine recently launched the MaxxForce brand name for their line of Diesel engines. All current engines will be branded as "MaxxForce" followed by a number corresponding to the engine's displacement, rounded up. So the 4.5 L VT275 becomes the "MaxxForce 5". Ford will continue to use the Power Stroke brand name on their International engines.



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