October 25, 2014 4:53 AM ET

Machinery

Company Overview of Navistar, Inc.

Company Overview

Navistar, Inc. manufactures medium and heavy trucks, and severe service vehicles. It also manufactures diesel engines for various commercial truck and bus applications; and vehicle parts. In addition, the company provides maintenance and repair services; and emission-related service information, customer overhaul protection, and diagnostics services. Its trucks are used in long haul, regional haul, liquid or dry bulk, beverage, recovery, construction, government, landscaping, pickup and delivery, utility, emergency, mixer, and waste applications. The company sells its products, parts, and services through a network of dealer outlets in the United States, Canada, Brazil, Mexico, and internati...

4201 Winfield Road

P.O. Box 1488

Warrenville, IL 60555-4025

United States

Founded in 1902

Phone:

630-753-5000

Fax:

630-753-3049

Key Executives for Navistar, Inc.

Chairman
Age: 64
Chief Financial Officer and Executive Vice President
Age: 49
Chief Executive Officer of Chicago International Trucks and President of Chicago International Trucks
President of the Truck Group
Senior Vice President of North American Sales Operations
Age: 65
Compensation as of Fiscal Year 2014.

Navistar, Inc. Key Developments

Navistar Unveils OnCommand Connection Feature Enhancements and Showcases Prostar Fuel-Efficiency Spec

Navistar Inc. will highlight its most fuel efficient Class 8 truck specification and several new OnCommand(TM) Connection remote diagnostics features at the American Trucking Associations (ATA) Management Conference and Exhibition. The SmartAdvantage is a 10-speed Eaton Fuller Advantage automated manual transmission paired with the Cummins(R) ISX15 engine. Providing significant benefits across the board for linehaul and regional haul fleets, SmartTorque2 ratings automatically sense vehicle weight, grade and operating gear to select the optimum torque to optimize fuel economy and performance. Cummins Vehicle Acceleration Management (VAM) also helps maintain a more consistent acceleration rate to deliver a smoother experience for the driver and reduce wear on the driveline. Beginning in November, Navistar will roll out new feature enhancements for its OnCommand Connection offering. New capabilities include a mobile app; customized geo-fencing capabilities enabling customers to filter their dashboards into geographic zones; and direct integration with major component suppliers beginning with Cummins. Integration with Cummins Connected Diagnostics will provide customers with the option of viewing Cummins recommendations via the OnCommand Connection portal.

Harrison Pensa LLP Commences Action Against Navistar Canada Inc., Navistar Inc., and Navistar International Corporation

On September 8, 2014, Harrison Pensa LLP commenced an action under the Class Proceedings Act, 1992 against Navistar Canada Inc., Navistar Inc., and Navistar International Corporation. The class action is on behalf of all persons and companies in Canada who purchased or leased Navistar International brand vehicles model years 2008 through 2013, which have been outfitted with MaxxForce EGR Engines. Navistar International brand vehicles include long haul tractor trailers, regional haul trucks and heavy and severe duty trucks designed for a variety of commercial applications. The action alleges that the emissions control system embedded into the MaxxForce EGR Engine is defective. It is alleged that the MaxxForce EGR Engine generates more heat within the engine than it can withstand, and the excess heat and pressure generated leads to broken valves and exhaust leaks that melt and destroy certain engine components. As a result, the engine's computer systems are routinely forced to shut the engine down. The alleged defect leads to sudden and frequent breakdowns which cause owners to incur expenses and to lose productive time while the vehicles are undergoing repairs. The defective engine can also cause coolant and exhaust fumes to enter the passenger compartment of the Navistar trucks, causing a risk of poisoning to the driver and other occupants of the vehicle. The action seeks to recover the losses and damages that class members have suffered as a result of the defective MaxxForce EGR Engines.

Mark Knutson Files Class Action Lawsuit Against Navistar, Inc. on Behalf of Washington/California Trucker Client Par 4

Mark Knutson of the national plaintiff's law firm Finkelstein & Krinsk, the first to file a class action lawsuit against Navistar, Inc., on behalf of Washington/California trucker client Par 4, affirms the intent to recover all losses suffered by trucking companies resulting from their purchasing or leasing Navistar truck models 2008-2013 equipped with Navistar's MaxxForce Advanced EGR diesel engines. The MaxxForce engines contain a defective emission system that causes trucks to underperform, break down or falter without good reason. These Navistar engines have cost buyers and lessees, from large fleet owners to small businesses, millions of dollars in damages. The practice of Navistar threatens the livelihood and reputation of innumerable businesses. The firm intends to hold Navistar responsible for the poor quality of its engines and reimburse all those damaged by excessive down time, repairs and tarnished good will. The MaxxForce engine defect leads to repeated engine failure causing constant repairs that, coupled with a lack of help and direction by Navistar, is a constant business detriment. Navistar never did repair the emission system, replacing the engine defect with an equally defective and failure prone system. Some truckers have spoken about dangerous road situations arising as a result, and some have spoken of the noxious coolant and exhaust fumes that migrate to the passenger compartment.

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