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These involved out-of-period adjustments, which were corrections of prior period errors relating to product warranties.This resulted in a million increase in Cost of Products Sold. In the company's annual 10K, they reported that weakness was "surrounding validation of the completeness and accuracy of underlying data used in the determination of significant accounting estimates and accounting transactions.Navistar International Corporation (formerly International Harvester Company) is an American holding company, that owns the manufacturer of International brand commercial trucks, IC Bus school and commercial buses, Workhorse brand chassis for motor homes and step vans, and is a private label designer and manufacturer of diesel engines for the pickup truck, van, and SUV markets.The company is also a provider of truck and diesel engine parts and service.CEO Daniel Ustian agreed to surrender to Navistar shares worth

These involved out-of-period adjustments, which were corrections of prior period errors relating to product warranties.This resulted in a $36 million increase in Cost of Products Sold. In the company's annual 10K, they reported that weakness was "surrounding validation of the completeness and accuracy of underlying data used in the determination of significant accounting estimates and accounting transactions.Navistar International Corporation (formerly International Harvester Company) is an American holding company, that owns the manufacturer of International brand commercial trucks, IC Bus school and commercial buses, Workhorse brand chassis for motor homes and step vans, and is a private label designer and manufacturer of diesel engines for the pickup truck, van, and SUV markets.The company is also a provider of truck and diesel engine parts and service.CEO Daniel Ustian agreed to surrender to Navistar shares worth $1.3 million, while former Chief Financial Officer Robert C.Lannert consented to repay $1.05 million, each sum reflecting monetary bonuses they had received during the restatement period, the SEC said.Some of the sales of profitable business endeavors were executed to raise cash for short-term survival, while other divisions were sold due to lack of immediate profitability.During this period of questionable economic survival, in an effort to raise needed cash and to reduce losses, the management team led by Mr. The Scout and Light Truck Parts Business was sold to Scout/Light Line Distributors, Inc. After the Agricultural Division sale in 1985, all that remained of IH was the Truck and Engine Divisions.

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These involved out-of-period adjustments, which were corrections of prior period errors relating to product warranties.

This resulted in a $36 million increase in Cost of Products Sold. In the company's annual 10K, they reported that weakness was "surrounding validation of the completeness and accuracy of underlying data used in the determination of significant accounting estimates and accounting transactions.

Navistar International Corporation (formerly International Harvester Company) is an American holding company, that owns the manufacturer of International brand commercial trucks, IC Bus school and commercial buses, Workhorse brand chassis for motor homes and step vans, and is a private label designer and manufacturer of diesel engines for the pickup truck, van, and SUV markets.

The company is also a provider of truck and diesel engine parts and service.

.3 million, while former Chief Financial Officer Robert C.Lannert consented to repay

These involved out-of-period adjustments, which were corrections of prior period errors relating to product warranties.This resulted in a $36 million increase in Cost of Products Sold. In the company's annual 10K, they reported that weakness was "surrounding validation of the completeness and accuracy of underlying data used in the determination of significant accounting estimates and accounting transactions.Navistar International Corporation (formerly International Harvester Company) is an American holding company, that owns the manufacturer of International brand commercial trucks, IC Bus school and commercial buses, Workhorse brand chassis for motor homes and step vans, and is a private label designer and manufacturer of diesel engines for the pickup truck, van, and SUV markets.The company is also a provider of truck and diesel engine parts and service.CEO Daniel Ustian agreed to surrender to Navistar shares worth $1.3 million, while former Chief Financial Officer Robert C.Lannert consented to repay $1.05 million, each sum reflecting monetary bonuses they had received during the restatement period, the SEC said.Some of the sales of profitable business endeavors were executed to raise cash for short-term survival, while other divisions were sold due to lack of immediate profitability.During this period of questionable economic survival, in an effort to raise needed cash and to reduce losses, the management team led by Mr. The Scout and Light Truck Parts Business was sold to Scout/Light Line Distributors, Inc. After the Agricultural Division sale in 1985, all that remained of IH was the Truck and Engine Divisions.

||

These involved out-of-period adjustments, which were corrections of prior period errors relating to product warranties.

This resulted in a $36 million increase in Cost of Products Sold. In the company's annual 10K, they reported that weakness was "surrounding validation of the completeness and accuracy of underlying data used in the determination of significant accounting estimates and accounting transactions.

Navistar International Corporation (formerly International Harvester Company) is an American holding company, that owns the manufacturer of International brand commercial trucks, IC Bus school and commercial buses, Workhorse brand chassis for motor homes and step vans, and is a private label designer and manufacturer of diesel engines for the pickup truck, van, and SUV markets.

The company is also a provider of truck and diesel engine parts and service.

.05 million, each sum reflecting monetary bonuses they had received during the restatement period, the SEC said.Some of the sales of profitable business endeavors were executed to raise cash for short-term survival, while other divisions were sold due to lack of immediate profitability.During this period of questionable economic survival, in an effort to raise needed cash and to reduce losses, the management team led by Mr. The Scout and Light Truck Parts Business was sold to Scout/Light Line Distributors, Inc. After the Agricultural Division sale in 1985, all that remained of IH was the Truck and Engine Divisions.

Navistar purchased the Workhorse company (started in 1998 by investors who took over production and sales of General Motors’ popular P-series Stepvan chassis when GM dropped it), a manufacturer of step-van and motor home chassis, to seemingly re-enter the delivery van market.

After nearly a century of business in Chicago, Navistar announced its plans on 30 September 2000 to leave the city and relocate its corporate offices to west suburban Warrenville, Illinois.

In 2004, Navistar re-entered the retail vehicle market for the first time since 1980.

Lennox at IH shed many of its operating divisions: Construction Equipment Division to Dresser Industries; Solar (gas turbines) Division to Caterpillar; Cub Cadet (lawn and garden equipment) to MTD Products and, lastly, the Agricultural Division to Tenneco, which merged it with their J. The company changed its name in 1986 to Navistar International Corporation.

(The International Harvester name and IH logo were assets of the Agricultural Division and consequently were part of the sale to Tenneco; the IH name and logo are still in use, having been incorporated into the Case IH brand name).