(Reuters) - Like other companies exposed to the North American trucking
market, Navistar is experiencing a sharp decline in demand for
big trucks and engines because of tough new clean-air rules
that went into effect Jan. 1. Many fleet operators, worried
about the cost and reliability of the new engines designed to
comply with the rules, stocked up on new vehicles last year and
are not buying this year.
Read more at Reuters.com Market News
market, Navistar is experiencing a sharp decline in demand for
big trucks and engines because of tough new clean-air rules
that went into effect Jan. 1. Many fleet operators, worried
about the cost and reliability of the new engines designed to
comply with the rules, stocked up on new vehicles last year and
are not buying this year.
Read more at Reuters.com Market News
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