Navistar

Navistar

Designs, manufactures, and services commercial vehicles.

Overview

Navistar designs, manufactures, and sells heavy-duty trucks and buses, along with related parts. Its business also includes a parts distribution and maintenance/repair network, plus financing options via TRATON Financial Services. Vehicles and services are supported by after-sales programs to keep fleets running. The company focuses on zero-emission and connected-vehicle technologies to align with sustainability goals and smarter fleet management. Unlike some competitors that rely mainly on vehicle sales, Navistar generates revenue from multiple streams: vehicle sales, parts and service, and financing, while leveraging partnerships to expand its global reach. Its goal is to provide reliable transportation solutions and lifecycle support for fleets, balancing product innovation with service quality to help customers operate efficiently and sustainably.

About Navistar

Simplify's Rating
Why Navistar is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Automotive & Transportation

Industrial & Manufacturing

Financial Services

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

Warrenville, Illinois

Founded

1902

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Simplify's Take

What believers are saying

  • TRATON raised electrification spending to nearly $3 billion through 2026, supporting Navistar BEVs.
  • Navistar launched BEV ownership solutions on May 20, 2024, improving fleet adoption and service revenue.
  • TRATON’s July 2026 report expects North American truck registrations to rise slightly in 2026.

What critics are saying

  • NHTSA recall 26V084 on April 7, 2026 hit 204 MV trucks for brake software failures.
  • July 2026 battery-cable recalls cover 15,628 MV and HV trucks, risking fires and warranty costs.
  • August 5, 2026 WARN notices cut 1,341 Springfield jobs, exposing factory-asset sale dependence and shrinkage.

What makes Navistar unique

  • International’s dealer network supports trucks, buses, parts, service, and financing in one stack.
  • TRATON backs Navistar with shared electrification spending and modular-platform engineering.
  • Robert Oh joined September 16, 2024 to modernize digital systems and customer tools.

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Funding

Total Funding

$256M

Above

Industry Average

Funded Over

2 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Paid Time Off

Health Savings Account/Flexible Spending Account

401(k) Savings plan

Flexible Spending Accounts

Short- and long-term disability coverage

Paid Parental Leave

Healthy lifestyle programs

Remote Work Options

Flexible Work Hours

401(k) Retirement Plan

Paid Vacation

Paid Sick Leave

PTO not unlimited

Work-Life resources

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

-3%

1 year growth

-3%

2 year growth

-3%
LMDR
Jul 30th, 2026
International truck recall: battery cable fire risk.

International truck recall: battery cable fire risk. International trucks recalls over 15,000 MV and HV models for fire risk. Fleet owners and CDL drivers operating International MV and HV series trucks should be aware of a significant recall affecting over 15,000 vehicles. Navistar, the manufacturer, has initiated a recall due to a potential fire hazard stemming from the battery interconnect cable. Understanding the defect. The issue arises from manufacturing variations that can lead to the battery interconnect cable making contact with the auxiliary stud and hold-down bracket. This unintended contact can cause chafing, potentially leading to an electrical short circuit and, in the worst-case scenario, a fire. For fleets relying on these trucks, such a defect poses a serious operational and safety risk. Impact on fleet operations. Recalls of this magnitude can disrupt supply chains and impact driver schedules. When a significant portion of a fleet is grounded, it affects delivery times, carrier capacity, and overall profitability. For carriers indexed on platforms like LMDR, where Last Mile Driver Recruiting track over 530,341 FMCSA-verified carriers, understanding potential downtime is crucial for maintaining service levels. A recall event highlights the importance of proactive fleet maintenance and staying informed about manufacturer advisories. What drivers and carriers need to do. For Drivers: If you operate an affected International MV or HV truck, report any unusual electrical smells, warning lights, or performance issues to your fleet manager immediately. Your safety is paramount. For Carriers: * Identify Affected Vehicles: Contact your International dealer or Navistar to determine if your fleet includes vehicles within the recall scope. The affected vehicles are primarily model years 2019-2024. * Schedule Repairs: Arrange for the necessary inspections and repairs as soon as possible. Navistar will provide instructions on how to address the issue, typically involving rerouting or securing the battery cable to prevent contact. * Mitigate Downtime: While repairs are underway, assess your current capacity. If you're looking to supplement your fleet or find new opportunities, LMDR connects drivers with carriers, boasting over 4,582 drivers on its platform and an average match time of just 24 hours. This recall underscores the critical role of technology and diligent maintenance in the trucking industry. While this is a manufacturing defect, other issues like brake problems, as highlighted in discussions about the CVSA Brake Blitz: Prepare Your Rig for Inspection, require constant vigilance. Investing in robust maintenance programs and leveraging technology for diagnostics can help prevent costly breakdowns and safety incidents. The industry is constantly evolving, with advancements aiming to improve safety and efficiency, from advanced driver-assistance systems to better fleet management software. Looking ahead. While this recall is a significant event for International truck owners, it serves as a reminder of the complexities involved in managing a trucking operation. Staying informed about regulatory changes, like potential new rules on English proficiency for drivers, and market trends is essential. For carriers looking to optimize their operations and drivers seeking reliable opportunities, platforms that facilitate efficient matching are invaluable. LMDR's driver satisfaction rate of 95% reflects its commitment to connecting the right drivers with the right carriers quickly. For drivers seeking new roles, explore opportunities at LMDR's driver portal. Fleet carriers can learn more about optimizing their recruitment strategy and view its carrier pricing options. Faq. Q1: Which specific International truck models are affected by this recall? A1: The recall primarily affects International MV and HV series trucks, primarily model years 2019 through 2024. Owners should verify their specific VIN with Navistar or an authorized dealer. Q2: What is the remedy for the recalled vehicles? A2: Navistar will provide repair instructions. The remedy typically involves inspecting the battery interconnect cable and rerouting or securing it to prevent contact with the auxiliary stud and hold-down bracket. Q3: How quickly can I get my truck repaired under this recall? A3: Repair times can vary depending on dealer availability and parts. It is recommended to contact your local International dealer immediately to schedule an appointment and inquire about the expected turnaround time. Frequently asked questions. Free · AI-Powered Find your best carrier match. Its AI analyzes your CDL class, experience, and location to surface carriers with the best pay, home time, and culture fit - in under 60 seconds.

Yahoo Finance
Mar 30th, 2026
Canadian defence firm Roshel acquires Springfield's International Motors plant

Springfield's International Motors plant will be sold to Canadian defence and commercial vehicle manufacturer Roshel this autumn. The companies signed an asset purchase agreement on Monday for Roshel to acquire the facility's operating assets. The 2 million square foot Springfield facility, located on 500 acres, will become a hub for US-based production of commercial, special and armoured vehicles. The sale follows the expiration of International's contract manufacturing agreement with a major automotive company on 30 September. Roshel plans to utilise the plant's full assembly line and paint booth to expand production of vehicles built on chassis from major OEMs and customised for specific operational needs. International employs over 1,800 workers at the Springfield facility. The deal is subject to customary closing conditions.

SlashGear
May 15th, 2025
Are There Other American Diesel Engine Manufacturers Aside From Cummins?

Navistar and Ford partnered to create the Power Stroke engine.

The Trucker
Aug 28th, 2024
Navistar names Robert Oh as new CDIO for IT department

LISLE, Ill. - Navistar has announced the appointment of Robert Oh as Chief Digital and Information Officer (CDIO) to lead the enterprise digital and information technology (IT) department beginning Sept. 16.

PR Newswire
Aug 27th, 2024
Navistar Announces New Appointment To Executive Leadership

Robert Oh to pioneer the company's digital transformationLISLE, Ill., Aug. 27, 2024 /PRNewswire/ -- As technology continues to evolve at a rapid pace and Navistar, Inc. (Navistar) embarks on its digital transformation, the company today announces a new appointment to its executive leadership team, effective September 16.Robert Oh to pioneer the company’s digital transformationRobert Oh joins the company as Chief Digital and Information Officer (CDIO) to lead the enterprise digital and information technology (IT) department. In this role, Oh will enable the company to accelerate innovation and growth through the execution of a transformational digital roadmap, while modernizing and optimizing systems to ensure a safe and resilient digital ecosystem."The introduction of a CDIO to our organization is a pivotal moment as we align our digital transformation initiatives with the importance of a secure, efficient, and connected IT infrastructure," said Mathias Carlbaum, president and CEO. "Robert's depth of technical knowledge is impressive, and his eagerness to act as a change agent is inspiring as we embrace innovation and continue to deliver exceptional value to our customers."Oh is responsible for maintaining and improving Navistar's IT processes to maximize efficiency and deliver differentiated digital solutions to dealer partners and customers. He's also tasked with ensuring that the technological functionality supports the company's overall strategic vision, maintaining a productive work environment, keeping the company current on industry best practices, and protecting company systems from external threats.Oh has extensive experience leading information technology, digital transformation, enterprise business process, and global P&L management efforts for Fortune 500 multinational companies

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