Quantcast
Last updated on April 20, 2014 at 19:30 EDT

Latest IC Bus Stories

2012-12-12 12:20:11

LISLE, Ill., Dec. 12, 2012 /PRNewswire/ -- Navistar International Corporation (NYSE: NAV) today announced Samuel J. Merksamer, managing director at Icahn Capital LP, has been appointed to the company's Board of Directors. He replaces Diane Gulyas, who retired after serving three years as a board member. Mr. Merksamer's appointment to the board and Ms. Gulyas's retirement are effective December 10, 2012, maintaining the total number of Navistar board members at 10, nine of whom are...

2012-11-05 16:21:14

LISLE, Ill., Nov. 5, 2012 /PRNewswire/ -- Navistar International Corporation (NYSE: NAV) announced today the closing of the sale of 763,534 shares of common stock pursuant to the underwriters' election to purchase option shares under Section 2(a) of the Underwriting Agreement in connection with the previously announced public offering of 10,666,666 shares of the company's common stock at $18.75 per share. The company intends to use all net proceeds from the sale of the option shares...

2012-11-01 15:22:38

LISLE, Ill., Nov. 1, 2012 /PRNewswire/ -- Navistar International Corporation (NYSE: NAV) announced today that it was notified on November 1, 2012, of the underwriters' election to purchase 763,534 option shares pursuant to Section 2(a) of the Underwriting Agreement in connection with the previously announced public offering of 10,666,666 shares of Navistar common stock at $18.75 per share. (Logo: http://photos.prnewswire.com/prnh/20120127/MM32830LOGO-a) Upon settlement of the option shares...

2012-10-30 15:20:55

LISLE, Ill., Oct. 30, 2012 /PRNewswire/ -- Navistar International Corporation (NYSE: NAV) today announced that it intends to close its Garland, Texas, truck manufacturing operation as part of its efforts to reduce costs and optimize its manufacturing footprint. Navistar intends to cease operations at the Garland facility by the first half of 2013. (Logo: http://photos.prnewswire.com/prnh/20120127/MM32830LOGO-a) "Closing a facility is always difficult because of its impact on the...

2012-10-23 07:21:43

DRAPER, Utah, Oct. 23, 2012 /PRNewswire/ -- Flexpoint Sensor Systems, Inc. (OTCBB: FLXT)) announced today that its proprietary Bend Sensor(®) technology has received key testing validation from Navistar International Corporation. Navistar has been working with Flexpoint on a horn pad sensor product that is designed for the company's full line of trucks. The horn pad sensor is slated for implementation once the next generation of the trucks' electronic architecture is completed. Navistar...

2012-10-22 11:21:22

LISLE, Ill., Oct. 22, 2012 /PRNewswire/ -- Navistar International Corporation (NYSE: NAV) today announced it has reached definitive, long-term supply agreements for heavy-duty diesel engines and emissions aftertreatment technologies with Cummins Inc. (NYSE:CMI). Through these agreements, Navistar will offer the Cummins ISX15 in its International(®) ProStar(®)+, PayStar(®) and 9900 models. In addition, Navistar will utilize the proven Cummins Emission Solutions aftertreatment...

2012-10-17 07:20:40

LISLE, Ill., Oct. 17, 2012 /PRNewswire/ -- Navistar International Corporation (NYSE: NAV) today announced John C. (Jack) Pope, Chairman of PFI Group, LLC, a financial management firm, has been appointed to the company's Board of Directors. He replaces David D. Harrison, who elected to retire after serving five years as a board member. (Logo: http://photos.prnewswire.com/prnh/20120127/MM32830LOGO-a) Pope's appointment to the board and Harrison's retirement are effective immediately,...

2012-10-08 07:20:27

LISLE, Ill., Oct. 8, 2012 /PRNewswire/ -- Navistar International Corporation (NYSE: NAV) today announced that Vincent J. Intrieri and Mark H. Rachesky have been appointed to the company's Board of Directors. The company also agreed to add a third director to the Navistar Board, who will be designated and mutually agreed upon by Icahn Partners and its affiliated entities ("Icahn") and MHR Fund Management LLC and its affiliated entities ("MHR"). (Logo:...

2012-09-19 02:20:57

LISLE, Ill., Sept. 19, 2012 /PRNewswire/ -- Navistar Defense, LLC received a delivery order today for up to $282 million to provide more than 2,300 survivability upgrade retrofit kits for International® MaxxPro® Dash Mine Resistant Ambush Protected (MRAP) vehicles. The order from the U.S. Army TACOM Life Cycle Management Command will upgrade MaxxPro Dash vehicles in theater with additional protection in response to evolving threats in Afghanistan. The order also includes parts and...

2012-09-10 02:20:53

LISLE, Ill., Sept. 10, 2012 /PRNewswire/ -- Navistar International Corporation (NYSE: NAV) today issued the following statement in response to an open letter released to the press by Carl Icahn: (Logo: http://photos.prnewswire.com/prnh/20120127/MM32830LOGO-a) "The Navistar Board takes its fiduciary duties very seriously and is committed to acting in the best interest of the Company and all of its shareholders. Navistar has recently taken a number of important actions, including...