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November 26, 2015 12:11 PM ET


Company Overview of Navistar, Inc.

Company Overview

Navistar, Inc. manufactures medium and heavy trucks, and severe service vehicles. The company offers new and used trucks; diesel engines for various commercial truck and bus applications; and vehicle parts. Its services include scheduling, maintenance and repair, diagnostics, towing/mobile, DPF cleaning, body work, and more; and emergency breakdown services for fleet managers and owners/operators. 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 Unit...

2701 Navistar Drive

Lisle, IL 60532

United States

Founded in 1902



Key Executives for Navistar, Inc.

Chief Executive Officer and President
Age: 60
Chief Financial Officer and Executive Vice President
Age: 53
President of Operations
Age: 50
Chief Executive Officer of Chicago International Trucks and President of Chicago International Trucks
President of the Truck Group
Compensation as of Fiscal Year 2015.

Navistar, Inc. Key Developments

Navistar International Corporation Completes Refinancing $697.5 Million Senior Secured Term Loan Facility of Navistar, Inc

Navistar International Corporation announced that it has completed refinancing the $697.5 million senior secured term loan facility of Navistar, Inc., which was due to mature in August 2017, with a new $1.040 billion senior secured term loan that matures in August 2020. The refinancing will provide additional liquidity and financial flexibility for the company and extend the maturity of the term loan facility. As a result of this transaction, the maturity date of Navistar, Inc.'s $175 million ABL credit facility will also be extended by one year to May 2018.

Navistar, Inc. to Introduce New Line of Premium Vocational Trucks

Navistar, Inc. announced that it will launch a new line of premium vocational trucks for the severe service segment beginning in early-2016, leveraging shared technology and intellectual property from its venture with Caterpillar. The company expects to provide additional details on its new premium vocational trucks in the months ahead.

Navistar, Inc. Appoints Jeff Sass as Senior Vice President of North America Truck Sales and Marketing

Navistar, Inc. has announced the appointment of Jeff Sass as senior vice president of North America truck sales and marketing. Sass, joins company following a 20-year career at PACCAR, Inc. in various roles of increasing responsibility in marketing, dealer development, customer service and sales for PACCAR Leasing, PACCAR Parts, Kenworth Truck Company and Peterbilt Motors. He most recently served as National Sales Manager for PACCAR Parts.

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