Navistar International Corp. (NYSE: NAV) reported a $38 million loss in its fiscal second quarter because of production suspensions and supply chain issues related to the COVID-19 pandemic.
The loss was narrower than the $48 million in red ink reported a year ago when the truck maker took a $159 million charge to settle complaints over defective engines in trucks built in the previous decade.
The loss, which amounted to 38 cents per diluted share, was three cents less than a consensus of...
https://www.freightwaves.com/news/navistar-logs-q2-loss-from-covid-19-impact-on-truck-production