PREVIOUS: Navistar reports $37M profit after stronger truck sales
“We had a great second quarter, delivering stronger than expected results by taking advantage of the robust market conditions,” said Troy A. Clarke, Navistar chairman, president and chief executive officer in a news release. “The market continues to respond favorably to our new products, especially our LT Series on highway tractor and the 13-liter A26 engine, which helped us capture two points of year-over-year share growth in the Class 8 segment.”
The company also boosted revenue projections to between $9.75 billion and $10.25 billion. That’s the second time this year the company has raised revenue projections. In March, company officials said they expected revenue between $9.25 billion and $9.75 billion for the year.
Navistar is one of Clark County’s largest employers with more than 1,800 people employed at its Springfield plant.
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