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Old 07-03-2012, 09:04 AM   #1
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WSJ Reports - Navistar Alters Course


Updated July 2, 2012, 8:53 p.m. ET

Navistar Alters Course
Truck Maker Expected to Retreat From Its Exhaust Technology

BY BOB TITA

Navistar International Corp. is expected to disclose soon that it is backing away from the pollution-reduction technology for its engines that has weighed on the U.S. truck maker's sales and brought it into conflict with federal regulators, said people familiar with the company's plans.

The company plans to adopt the same process for treating diesel-engine emissions used by its rivals in an attempt to reverse falling truck sales and regulatory uncertainty that has caused its stock price to collapse and made the company the subject of takeover speculation.

In 4 p.m. trading Monday on the New York Stock Exchange, Navistar ...

The full article is available to subscribers on wsj.com
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Old 07-03-2012, 11:02 AM   #2
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That's interesting!

They and their supporters previously claimed their technology was superior to the DEF technology.

It seems it wasn't.
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Old 07-03-2012, 11:23 AM   #3
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Quote:
Originally Posted by Route 66 View Post
They and their supporters previously claimed their technology was superior to the DEF technology.
Dirk, That's an argument that many will continue to champion. The technology is indeed superior however it's implementation would require more time to perfect across the entire line of engines which was recently struck down by a court decision when the EPA was willing to allow Navistar the time that it needed to certify all their engines.

Court decisions are taking the front seat in the very latest major rulings these past few days ....

Absent time to fulfill their technology promise, it would not be responsible for the 4,000 some odd folks that work at Navistar to be laid off.

Following up ... I posted a follow on discussion about Amminex which allows for the Navistar technology push to remove average owners from being active lifetime participants in maintaining their emission controls. I would maintain that the engine manufacturers should be the only party responsible in providing 2010 emission controls without owner intervention.
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Old 07-03-2012, 11:44 AM   #4
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I wonder if the CEO will reprice his options downward, so he doesn't suffer any from this failure. Integrity is as integrity does.
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Old 07-03-2012, 09:26 PM   #5
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I do agree with you DriVer on this one "" all good things take time "" .
Can't wait for NAVISTAR TO WORK THERE MAGIC ON THE LARGER ENGINES!!
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