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Navistar

Navistar

Navistar International is a North American bus and truck manufacturer. During 2002–2007, Navistar showed an increase in the output of its main products — trucks.
Navistar International is a North American bus and truck manufacturer. During 2002–2007, Navistar showed an increase in the output of its main products — trucks. Release of equipment, in units, 2006: School buses - 21,191 Medium trucks - 52,212 Heavy Duty Trucks - 48,040 Super Heavy Duty Trucks - 25 353 Ford V8 - 284 400 engines Other engines - 235 300 From mid-2007, an International MaxxPro armored car manufactured by Navistar began to enter the US military. In December 2007, the US Marine Corps signed a contract for the supply of 1,500 vehicles, which brought the total volume of military contracts to $ 2.7 billion (4,471 units). Until 2006, Navistar shares were traded on the New York Stock Exchange, included in the list of the five hundred largest enterprises in the country (S & P 500). In 2006, there was a gap between Navistar and their auditors, Deloitte and Touche, because of the failure of auditors to amend the statements, which reduced the company's net assets by $ 2 billion. Shares of the company, which did not pass the compulsory audit for 2005, were initially excluded from exchange trading, and in December 2006 Navistar was completely excluded from the exchange register - an exceptional event for a company with a turnover of $ 12 billion. The company remains public, its shares are listed only on the OTC system of "pink leaves". After the crisis of 2007, in the wake of new military orders, the share price for 2007 rose 4-fold.