through 550 horsepower range under the MaxxForce and MWM brand names. In North America, the company’s engines are primarily used in its International branded trucks and military vehicles and IC branded buses. In Brazil, in addition to the MWM brand, it also produces mid-range diesel engines primarily under contract manufacturing arrangements for sale to OEMs in South America. The company also manufactures diesel engines for the pickup truck, van, and sport-utility vehicle (SUV) markets. This segment primarily consists of the operations of the company’s wholly-owned subsidiary, International Indústria de Motores da América do Sul Ltda. (IIAA) in Brazil and its truck and parts export businesses under the International and IC brands. IIAA operates in the South American mid-range diesel engine market, manufacturing and distributing mid-range diesel engines and providing customers with additional engine offerings in the agriculture, marine, and light truck markets. Additionally, the company sells its engines to global OEMs for various on-and-off-road applications. The company offers contract manufacturing services under the MWM brand to OEMs for the assembly of their engines, primarily in South America. Additionally as part of its MWM operations, this segment has engine manufacturing operations in Argentina. The company develops its expansion markets, which include international export and other truck and bus markets. The company’s commercial products are marketed through its independent dealer network, which offers a range of services and other support functions to its end users. Its commercial trucks are distributed in certain markets through its distribution and service network of retail outlets, which included 304 international locations, as of October 31, 2013. The company distributes service parts internationally through its dealer network, as well as through direct shipments. This segment has engaged in various strategic joint ventures to further the company’s reach to global markets, which include its joint venture in China with Anhui Jianghuai Automobile Co. Competition In Brazil, IIAA engine competes with Mitsubishi Motors North America, Inc. and Toyota Motor Corporation in the Mercosul pickup and SUV markets; Cummins, Mercedes Benz, and Fiat Powertrain (FPT) in the light and medium markets; Mercedes Benz, Cummins, Scania, MAN, Volvo, and FPT in the heavy market; Mercedes Benz in the bus market; New Holland (a subsidiary of CNH Global N.V.), Sisu Diesel (a subsidiary of AGCO Corporation), and Deere & Company in the agricultural market; and Scania and Cummins in the stationary market. In the company’s primary truck and parts export markets of South America, it competes with various truck manufacturers, including PACCAR Inc., Freightliner, and Mack. Financial Services This segment provides and manages retail, wholesale, and lease financing of products sold by the Truck and Parts segments, as well as their dealers within the U.S. and Mexico. The company also finances wholesale and retail accounts receivable. This segment manages the relationship with Navistar Capital (an alliance with GE Capital), which provides retail financing to the company’s customers in the U.S. This segment is also facilitating financing relationships in other countries to align with the company's global operations. Government Contracts As the U.S. government contractor, the company is subject to specific regulations and requirements as mandated by its contracts. These regulations include Federal Acquisition Regulations, Defense Federal Acquisition Regulations, and the Code of Federal Regulations. The company is also subject to routine audits and investigations by the U.S. government agencies, such as the Defense Contract Management Agency and Defense Contract Audit Agency. Government Regulation The company is subject to the National Traffic and Motor Vehicle Safety Act, and Federal Motor Vehicle Safety Standards promulgated by the National Highway Traffic Safety Administration. Engineering and Product Development The company’s engineering and product development expenditures were $406 million in 2013.
navistar international corp
2701 Navistar Drive
Lisle, IL 60532
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To contact NAVISTAR INTERNATIONAL CORP, please visit www.navistar.com. Company data is provided by Capital IQ. Please use this form to report any data issues.