Truck and engine maker Navistar's quarterly loss widens
Sept 2 (Reuters) - Truck and engine maker Navistar International Corp's quarterly loss widened, hurt by restructuring and product warranty costs.
The net loss attributable to Navistar widened to $28 million, or 34 cents per share, in the third quarter ended July 31, from $2 million, or 2 cents per share, a year earlier.
Revenue fell nearly 11 percent to $2.54 billion.
The company, which on Wednesday reported its 12th quarterly loss in a row, has been struggling since its bid to develop a novel emission-reduction system failed to meet regulatory standards in 2012 and led to higher warranty expenses.
(Reporting by Ankit Ajmera in Bengaluru; Editing by Sriraj Kalluvila)
