Navistar Unveils Loadstar - Analyst Blog
April 02 2012 - 12:01PM
Zacks
Navistar International Corporation (NAV) has
launched International LoadStar truck, the industry's first
stainless steel cab-over design at a trucking show in Louisville,
Kentucky. The new work truck will be assembled at a plant in
northwest Alabama. Navistar will start taking orders in October and
production is slated to start in early 2013.
The truck will mainly cater to the clients in the waste
industry, concrete pumping and airplane refueling markets, as well
as other users. Navistar estimates the total market for similar
trucks in the United States and Canada at around 5,000 to 8,000
vehicles per year.
LoadStar’s stainless steel cab is the first of its kind that
minimizes corrosion and increases durability. It has vocationally
designed variable depth frame rails for maximum durability, lighter
weight, lower frame rail heights and better ride characteristics.
The truck will run on diesel and natural-gas powered engines. The
diesel engines will be manufactured at the company's engine plant
in Huntsville.
The truck has been designed on input from drivers and fleet
managers keeping their needs in mind. It boasts of enhanced seat
and steering wheel movement to make the driver comfortable.
Further, with superior driver visibility and up to 40 degree wheel
cuts, the trucks ensure excellent maneuverability.
LoadStar features Navistar's Diamond Logic system, which is
instrumental in reducing downtime and improves productivity by
enabling control of and communication between vehicle components
and body equipment. This system increases safety and optimizes
maintenance.
Illinois-based Navistar International Corporation, a Zacks #3
Rank (Hold) stock, manufactures and markets commercial trucks,
mid-range diesel engines, buses, military vehicles and chassis for
motor homes and step-vans, and provides service parts for various
trucks and trailers.
LoadStar will definitely give Navistar an edge over its
competitors DaimlerAG (DDAIF)
and PACCAR Inc. (PCAR).
DAIMLER AG (DDAIF): Free Stock Analysis Report
NAVISTAR INTL (NAV): Free Stock Analysis Report
PACCAR INC (PCAR): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
Mercedes Benz (PK) (USOTC:DDAIF)
Historical Stock Chart
From Jul 2024 to Aug 2024
Mercedes Benz (PK) (USOTC:DDAIF)
Historical Stock Chart
From Aug 2023 to Aug 2024