Equipment Type

Navistar CEO: No Plans to Sell Major Business Units

After releasing third-quarter earnings, Navistar CEO Troy Clarke told Reuters that while the company is recovering from fallen sales due to an investment in a proprietary emissions-reduction system, it has no plans to sell any of its major business units.

September 04, 2014

After releasing third-quarter earnings, Navistar CEO Troy Clarke told Reuters that while the company is recovering from a bad investment in a proprietary emissions-reduction system, it has no plans to sell any of its major business units.

Navistar recently sold its E-Z Pack and Continental Mixer units, which Clarke said was necessary for the company’s recovery.

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Source: Reuters

 
 

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