Company Secures Orders for More Than 60,000 EPA Vehicles to Date
With Addition of MaxxForce®
15, Navistar Boasts Broadest, Most Comprehensive Line-Up of Integrated
Truck-Engine Offerings Available to North American Commercial Truck
Customers
LOUISVILLE, Ky.--(BUSINESS WIRE)--
This week at the Mid-America Trucking Show in Louisville, Ky., Navistar,
Inc. continued on its path of delivering customer-focused products
through leadership and differentiation, unveiling a production 2012
International® ProStar®+ with the all-new MaxxForce®
15. With the addition of the MaxxForce 15, Navistar is the first fully
integrated commercial truck and engine manufacturer in North America
with its own line of proprietary engines in Class 4-8 commercial vehicle
classes.
"Today, I'm proud to say that we've answered the questions and delivered
on our commitments to our customers," said Jack Allen, president, North
American Truck, Navistar. "We've secured more than 60,000 orders for EPA
2010 vehicles to date."
Beyond even its most recent product launches, Navistar has transformed
itself in recent years with a continuous focus on listening and
responding to its customers.
"We are a different company. We now have a full-line-up of proprietary
big bore engines and the most comprehensive line-up of fully integrated
trucks and engines in the industry," Allen added. "We've grown into new
markets, new geographies and we have great momentum to continue that
growth into the future."
Fluid Economy Leadership
Last summer, Navistar introduced "fluid economy" to the industry—a new,
more accurate measure to gauge the true operational costs associated
with the competing emissions technologies. Through independent,
third-party, industry-accepted testing methodologies*, the International
ProStar+ with MaxxForce Advanced EGR consistently outperformed the
Freightliner Cascadia® and Kenworth T660, both with
liquid-urea SCR, by nearly 1 percent to 2.5 percent.
All-New Class 4/5 International TerraStarTM
and TerraStar 4x4
Launched last year, the International TerraStar took the industry by
storm in 2010, giving work truck buyers an exciting new product with a
wide range of commercial duty features. Now, with a 4x4 option, the
TerraStar is poised to win over an even broader range of customers with
more severe demands.
The TerraStar created tremendous buzz in the industry and the recent
addition of the TerraStar 4x4 will help maintain Navistar's leadership
in the medium-duty market moving forward. With the same commercial-duty
bloodlines as the rest of the International truck line-up, the TerraStar
delivers performance and durability that customers have come to expect
from International.
Navistar: A Different Company
Navistar has prided itself on listening to customer needs to develop new
and innovative products. With on-highway customers seeking increased
fuel efficiency and enhanced driver comfort features, Navistar
introduced the International ProStar and ProStar+, as well as the
International LoneStar®—game-changing Class 8 trucks
that have helped redefine the industry when it comes to fuel efficiency
and driver appeal.
The company took tremendous strides in integration, leveraging the
strengths of its commercial vehicle line-up to become a leading supplier
of mine-resistant ambush-protected (MRAP) military vehicles to the U.S.
Armed Forces.
Navistar's differentiated thinking is at the core of the company's
strategy of leveraging its own assets and those that others have built,
as the company entered the RV business with the acquisition of Monaco
RV, a proven leader in that segment. Listening and learning from
customers, the company discovered that increased fuel efficiency and
driver appeal could create a unique opportunity in this space as well.
As a result, Navistar leveraged its expertise in aerodynamics and
ergonomics and integrated its established strength in engine
development, helping create new and differentiated products.
The addition of Continental Mixers reinforces that philosophy as well,
where Navistar was able to leverage its in-depth knowledge of the severe
service industry to create an integrated solution and provide customers
with a one-stop shop, better vehicle performance and a customer-friendly
emissions solution.
Investing in New Global Markets
In 2010, Navistar introduced an entire cab-over portfolio of commercial
trucks for India through its joint venture with Mahindra & Mahindra.
Later in the year, NC2—Navistar's global joint venture with
Caterpillar—introduced the first ever Cat-branded on-highway trucks for
Australia. The NC2 joint venture has targeted additional
markets in Brazil, Russia, and South Africa.
Navistar is currently pursuing a joint venture agreement with Anhui
Jianghuai Automobile Co. Ltd. (JAC) to develop, build and market
advanced diesel commercial engines in China. An affiliate of NC2
is also pursuing a joint venture agreement with JAC to develop, build
and market advanced commercial vehicles in China. Both joint venture
agreements are pending approval by the necessary Chinese Government
authorities.
"In some of the more challenging times for our industry, Navistar has
continued to listen closely to its customers and apply a differentiated
way of thinking to bring to market the most customer-friendly products
available," Allen added. "Over these last several years, we've
continually made investments to deliver the best products and product
support in the industry—but it's only the start."
* To help customers make informed decisions about which truck-engine
combination is right for them, Navistar commissioned the Transportation
Research Center Inc. (TRC Inc.) to conduct a head-to-head fluid economy
comparison. TRC Inc. performed independent TMC (Technology & Maintenance
Council) Type IV testing of three EPA 2010-compliant trucks:
International ProStar+ with MaxxForce Advanced EGR vs. Freightliner
Cascadia® and Kenworth T660, both with liquid-urea SCR.
About Navistar
Navistar International Corporation (NYSE: NAV) is a holding company
whose subsidiaries and affiliates produce International®
brand commercial and military trucks, MaxxForce® brand diesel
engines, IC Bus™ brand school and commercial buses, Monaco®
RV brands of recreational vehicles, and Workhorse® brand
chassis for motor homes and step vans. The company also provides truck
and diesel engine service parts. Another affiliate offers financing
services. Additional information is available at www.Navistar.com/newsroom.
All marks are trademarks of their respective owner.
Navistar, Inc.
Media contact: Steve Schrier, 630-753-2264
Investor
contact: Heather Kos, 630-753-2406
Web site: www.Navistar.com/newsroom
Source: Navistar, Inc.
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