Navistar reports healthy sales and better profit
Dec 20, 2018
According to some experts, Navistar's quarterly performance was much better than expected, with increased profit and revenue earlier this week. Analysts say that the high demand for freight trucks was essential for the results. The presence of Navistar's Class 8 trucks is expected to increase as hauling companies are replacing older models for more fuel-efficient vehicles. In 2019, the production of Navistar trucks will increase by 5%, according to analysts. The truck maker also expects its revenue in 2019 to reach between $10.75 billion and $11.25 billion.