Navistar International Corp is incorporated under the laws of the State of Delaware in 1993. The Company is a manufacturer of commercial & military trucks, diesel engines, buses, as well as a provider of service parts for trucks & diesel engines. It also provides retail, wholesale & lease financing services for trucks and parts. Its products and services include Trucks-It manufactures and distribute Class 4 through 8 trucks and buses in the common carrier, private carrier, government, leasing, construction, energy/petroleum, military vehicle, and student and commercial transportation markets under the International and IC brands. Parts-It supports International brand commercial and military trucks, IC brand buses, MaxxForce engines, as well as its other product lines, by distributing proprietary products together with a selection of other standard truck, trailer, and engine service parts. Engines-It designs and manufactures diesel engines from 50 through 550 horsepower range under the MaxxForce and MWM brand names. In North America, its engines are used in International trucks and military vehicles and IC branded buses. In Brazil it produces mid-range diesel engines under contract manufacturing arrangements for sale to original equipment manufacturers (OEMs) in South America. The Company also manufactures diesel engines for the pickup truck, van, and sport-utility vehicle (SUV) markets. Financial Services-It provides retail, wholesale, and lease financing of products sold by the North America Truck and North America Parts segments, as well as their dealers, within the U.S. and Mexico. The Company's domestic competitors include PACCAR Inc. which sells vehicles under the Kenworth and Peterbilt nameplates in North America, and Ford. Competing foreign-controlled domestic manufacturers include Freightliner and Western Star Volvo and Mack and Hino. Truck and engine manufacturers faces governmental regulation of its products in the areas of environmental and safety matters.
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