29.17 0.00 (0.00%)
After hours: 4:49PM EDT
|Bid||29.11 x 800|
|Ask||29.20 x 900|
|Day's Range||28.57 - 29.39|
|52 Week Range||21.32 - 39.52|
|Beta (3Y Monthly)||2.35|
|PE Ratio (TTM)||9.47|
|Earnings Date||Dec 16, 2019 - Dec 20, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||33.92|
Today we are going to look at Navistar International Corporation (NYSE:NAV) to see whether it might be an attractive...
Preliminary September orders for Class 8 trucks improved over August but remained stagnant as fleets delayed booking new equipment in the face of ongoing trade tensions slowing swaths of the manufacturing economy. FTR Transportation Intelligence counted 12,100 orders.
This week, CarMax (KMX) and AutoZone (AZO) release quarterly results, wherein both the companies deliver a comprehensive beat.
G.research will host the 43rd Annual Automotive Symposium on Monday, November 4th through Tuesday, November 5th in Las Vegas, NV. This research meeting will feature presentations by senior management of several leading automotive companies with an emphasis on industry dynamics, technical innovation, EV, and macroeconomic trends.
CBP seizes $1M worth of drugs at the Pharr International Bridge. The investment from the three international companies means more than $1 billion in new projects for the fast-growing San Antonio region, officials said.
Navistar (NAV) anticipates a 15% reduction in its logistic costs and a 20% reduction in its supply base due to the opening of its plant at Texas.
Navistar International Corp. (NYSE: NAV) plans to invest more than $250 million in a new manufacturing plant near San Antonio, Texas, adding approximately 600 new jobs. During a question-and-answer session following an Investor Day presentation at company headquarters, Troy Clarke, Navistar chairman, president and chief executive officer, said Navistar weighed the $200 million cost of breaking existing manufacturing bottlenecks to build more trucks vs. the $250 million cost of a new plant that could incorporate Industry 4.0. The fourth industrial revolution adds machine learning and autonomous systems to automation and computers that define the third industrial revolution.
Navistar International Corp. (NYSE: NAV) plans to invest more than $250 million in a new manufacturing plant near San Antonio, Texas, adding approximately 600 new jobs, if it gets incentives it is seeking. The Lisle, Illinois-based truckmaker also said Thursday, Sept. 19, that it plans to increase its earnings before interest, taxes, depreciation and amortization (EBITDA) margin to 12% by 2024 from the current 8%. The new facility would be a benchmark for quality and costs while adding capacity for anticipated industry growth and market share gains, he said.
Navistar International Corp. said Thursday it will create 600 new jobs in San Antonio, as the commercial trucks and bus maker will make a $250 million investment to build a new manufacturing facility. The new facility will have the flexibility to build Class 6-8 vehicles, and builds on recently announced plans to invest $125 million in an engine plant in Huntsville, Ala. Navistar said the facility in San Antonio will be located along Interstate 35 to link the company's supply bases in the southern U.S. and Mexico, "allowing for significant logistic improvements, resulting in lower cost and enhanced profitability." Navistar's stock, which was still inactive in premarket trading, has tumbled 15.1% over the past three months while the Dow Jones Industrial Average has gained 2.4%.
U.S. truck maker Navistar International Corp said on Thursday it will invest more than $250 million in a new, more efficient truck plant in San Antonio, Texas, that will produce three different sized trucks and create around 600 jobs. The new plant follows an announcement from Navistar in June that it would invest $125 million in its Huntsville, Alabama, engine plant as part of an alliance with German truck maker Traton. Navistar will make Class 6, Class 7 and Class 8 trucks on the same production line in San Antonio.
LISLE, Ill., Sept. 19, 2019 /PRNewswire/ -- Navistar, a leading maker of commercial trucks and buses, announced it will be making a capital investment of more than $250 million to build a new manufacturing facility in the state of Texas. The investment, which is contingent on finalization of various incentive packages, will bring approximately 600 jobs to the San Antonio area. "Over the last five years, Navistar has made significant investments to improve our position in the market," said Troy Clarke, Navistar chairman, president and chief executive officer.
LISLE, Ill., Sept. 19, 2019 /PRNewswire/ -- Navistar International Corporation (NAV) will present the 2020-24 strategy, "Navistar 4.0," at its Investor Day event today, laying out a plan to increase the company's EBITDA margins to 12%. "Navistar is committed to building on the gains of the past five years to improve financial returns to shareholders," said Troy A. Clarke, Navistar chairman, president and chief executive officer.
Truck manufacturers are pushing full steam ahead into connected vehicle platforms, using telematics and data integration to drive value for customers while providing countless other benefits for partners, the community and the OEMs themselves. Paccar Inc (NASDAQ: PCAR) started its digital transformation journey in 2015 with a remote diagnostics platform, said Jamin Swazo, director of marketing, Kenworth Trucks. The company has since expanded from a Paccar engine-only platform to a Cummins engine platform and more recently a connected system for its medium-duty trucks.
CNH Industrial (CNHI) plans to separate the IVECO truck business from the agriculture and construction business, while recalls more than 550,000 trucks and SUVs in North America to resolve the vehicles' seat-back issue.