Navistar International trims net loss despite lower sales

Dec 20, 2013 | 12:39 PM | Corinna Petry

Tags  Navistar International, Troy A. Clarke, earnings report, selective catalytic reduction, SCR, Corinna Petry

CHICAGO — Truck and engine manufacturer Navistar International Corp. remained in the red in its fiscal fourth quarter due primarily to lower sales across all business segments as the company transitioned to a new emissions strategy.

Nevertheless, the Lisle, Ill.-based company reduced its net loss to $154 million for the three months ended Oct. 31 from $2.77 billion in the same period a year earlier despite a 13.5-percent decline in revenue to $2.75 billion.....

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