LISLE, Ill., July 21, 2015 /PRNewswire/ -- International Truck today announced it reached a multi-year supply agreement and secured orders for 1,050 new Class 8 on-highway tractors from a leading provider of fleet and owner-operator leasing services. In addition, the customer indicated it intends to order an additional 7,950 trucks later this month for delivery through the end of 2017.
The orders would consist primarily of International® ProStar® and LoneStar ® vehicles powered by Cummins® ISX-15 engines and spread across the next three years.
"Customers continue to recognize that the heavy-duty products we are building today are among the best we have built in decades, with uptime and fuel economy performance that leads the industry," said Bill Kozek, president, Navistar Truck and Parts. "This customer has experienced our new products firsthand and their International models are leading the way in fuel economy performance when compared to competitive models."
Navistar International Corporation (NYSE : NAV ) is a holding company whose subsidiaries and affiliates produce International® brand commercial and military trucks, proprietary diesel engines, and IC Bus™ brand school and commercial buses. An affiliate also provides truck and diesel engine service parts. Another affiliate offers financing services. Additional information is available at www.Navistar.com.
Information provided and statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Such forward-looking statements only speak as of the date of this press release and the company assumes no obligation to update the information included in this press release. Such forward-looking statements include information concerning our possible or assumed future results of operations, including descriptions of our business strategy.
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SOURCE International Truck