Navistar International Corporation
) recently revealed that it is launching a new version of its
International TranStar regional haul tractor. The new version
will feature a MaxxForce 13 engine with Selective Catalytic
Reduction (SCR) emissions technology.
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The TranStar truck also boasts of a setback axle and a 50-degree
wheel cut, which provide drivers with one of tightest turning
radius in its class. Further, the bumper-to-back-of-cab (BBC)
length of TranStar is the shortest in the industry and it
features an electronic stability control solution. These features
provide high maneuverability to this regional transport solution.
Navistar is focusing on developing better quality trucks with
improved fuel efficiency, while maintaining their off-the-line
responsiveness. The company is enhancing its 15-liter and
13-liter product coverage, while simultaneously moving towards
its goal of completing the SCR transition of all
heavy-duty trucks. TranStar is the fifth heavy-duty International
truck model to have been converted to SCR technology since Dec
Navistar offers a wide range of heavy-duty trucks with SCR
technology. They include International ProStar, International
PayStar 5900 Set-Back Axle and International 9900i, all of which
) ISX15 engine. The company also manufactures the International
ProStar, International WorkStar and the International TranStar
trucks, which are equipped with the MaxxForce 13 engine with SCR
Warrenville, Ill.-based Navistar manufactures and sells
commercial trucks, mid-range diesel engines, buses, military
vehicles and chassis for motor homes and step-vans. It also
provides service parts for various trucks and trailers. The
company carries a Zacks Rank #4 (Sell).
Navistar's second quarter (ended Apr 30, 2013) loss widened to
$353 million or $4.39 per share compared with $137 million or
$1.99 per share (excluding special items) in the year-ago
quarter. Reported loss was also significantly wider than the
Zacks Consensus Estimate of a loss of $1.09 per share. Revenues
declined 22.5% year over year to $2.5 billion in the quarter,
missing the Zacks Consensus Estimate of $2.9 billion.
Some stocks that are performing well in the industry where NAV
American Axle and Manufacturing Inc.
). Both these stocks carry a Zacks Rank #1 (Strong Buy).