Advertisement:
Post a story

Business ›

Navistar International loses money in 2Q, cuts outlook

A worker on the assembly line at Navistar in Melrose Park in 2010. (Scott Strazzante / June 7, 2012)

A worker on the assembly line at Navistar in Melrose Park in 2010. (Scott Strazzante / June 7, 2012)

Navistar International lost money in its second quarter, cut its full-year adjusted earnings guidance and announced a management change to further its truck and engine business.

The Lisle-based company today says it lost $172 million for the three months ended April 30. That compares with a profit of $74 million a year earlier.

Read more at the Chicago Tribune.

Share this story

Recommended stories