* New York - Navistar board ousts CEO Ustian after failed engine bet
New York,NY,USA -Reuters/CNBC, by Soyoung Kim, Scott Malone, Bijoy Koyitty/Lisa Von Ahn, Matthew Lewis and Gunna Dickson -27 Aug 2012: -- Navistar International Corp replaced Chief Executive Officer, Daniel Ustian, with former Textron Inc CEO, Lewis Campbell, on an interim basis, after the truck maker's bet on a new generation of diesel engines failed to live up to its promise...Ustian, who spent 37 years at Navistar, was ousted over the weekend after the board lost confidence in him and his engine strategy, a person familiar with the situation said. The source was not authorized to speak to the media and asked not to be named. After an independent probe, the board concluded that Ustian had made a wrong bet on a new generation of diesel engines and his technology solution would not work on trucks, the person said... For much of the past year, Navistar had been struggling to win approval from the U.S. Environmental Protection Agency for a novel diesel engine technology that would cut emissions of nitrogen oxide, a pollutant linked to asthma, without using urea. Urea is a raw material used in the manufacture of many chemical compounds, including ones used in automobile systems.Last month, Ustian reversed course and said the company would begin using urea, adopting the dominant technology and one used by rivals including Paccar Inc. and Volvo AB . To do that, Navistar will begin selling trucks with engines made by Cummins Inc early next year.Navistar won a temporary reprieve in early August after U.S. regulators submitted a final rule allowing it to continue to sell engines that do not meet U.S. emissions standards as long as it pays fines... Navistar has also become a target of activist investors, with about 45 percent of its outstanding stock held by three big investors: billionaire Carl Icahn, hedge fund MHR Fund Management and asset manager Franklin Resources Inc.Icahn, which has not yet detailed his agenda at Navistar, did not return calls for a comment, while representatives of MHR, founded by former Icahn associate Mark Rachesky, declined to comment on the executive changes... Fiat Industrial SpA CEO, Sergio Marchionne, in June publicly flirted with the idea, but one of his deputies said later Navistar's engine strategy was "completely different" from Fiat's approach.Volkswagen AG has also been named as a logical buyer for Navistar, since a purchase could allow the German carmaker to gain its market share in the key North American truck market. But people familiar with the industry said that no buyer is likely to emerge in the near term, while Navistar is working to sort out its engine technology problems and the big positions held by activist investors are adding to the uncertainty surround the company's strategic direction...
* Illinois - Navistar opts to combine EGR, SCR technology moving forward
Warrenville,ILL,USA -Land Line, by Charlie Morasch -23 Aug 2012: ... About six months after most Navistar employees moved into the new facilities, they heard the announcement many had been waiting for: The company would switch to SCR. Despite the suspected inevitability of that change, the announcement has prompted many to ask whether a bankruptcy or other major changes would consume Navistar... Focused or not, Navistar has been roundly criticized for sticking with its in-cylinder engine gas recirculation treatment system while every competitor switched over to selective catalytic reduction with urea-based diesel exhaust fluid. The company also received more negative headlines in early August after it disclosed the Securities and Exchange Commission is examining accounting and disclosure issues at Navistar dating back to 2010... Navistar will begin rolling out trucks with 15-liter Cummins engines and Cummins urea-based exhaust after-treatment systems later this year. By spring 2013, Navistar plans to begin rolling out its own 13-liter engines with Selective Catalytic Reduction or SCR after-treatment. Company leaders, including Jack Allen, president of Navistar’s North American Truck Group, say using both technologies now may provide the competitive advantage Navistar sought by being the lone manufacturer that didn’t require truck drivers to add urea-based fluid...
* South Caroline - Western Star offering factory-installed SPIF option
Fort Mill,SC,USA -Truck News (CAN) -Aug 24, 2012: -- Western Star is now offering trucks that comply with Ontario’s Safe Productive Infrastructure Friendly (SPIF)requirements, straight from the factory... The SPIF-compliant Western Star features a 22,000-lb Watson/Chalin steerable pusher axle with 72-inch customized tandem spacing that maintains full axle capacity, the company announced... The SPIF Option Package provides body builders and upfitters with the hardware required to comply with the regulation and reduce upfit time and complexity, according to the company... The system automatically deploys the lift axle when the truck is loaded...
* Michigan - Eaton UltraShift Plus now available with Westport's 15L LNG engine
(Photo: Eaton UltraShift PLUS Linehaul Series Transmissions)
Galesburg,MICH,USA -Truck News (CAN) -Aug 24, 2012: -- Eaton has announced its UltraShift Plus automated transmission is now available in trucks spec’d with the Westport HD 15-litre liquefied natural gas (LNG) engine... The transmission and engine combo can be spec’d on Kenworth T800 and Peterbilt 367, 386 and 387 model vehicles... The engines and transmissions are rated at more than 110,000 lbs GVW...Labels: truckmakers news USA
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