Navistar and Caterpillar conclude severe service truck agreement.
Navistar Inc., Lisle, Illinois, says it will launch a new line of premium vocational trucks for the severe service segment beginning in early 2016 through its International Truck brand, leveraging shared technology and intellectual property from its venture with Caterpillar.
In addition, the company will transition the production and engineering of the Cat-branded severe service trucks the company has been supplying to Caterpillar since 2011 to Caterpillar. Navistar says it will continue to manufacture trucks for Caterpillar through Dec. 31, 2016.
While specific terms of the transition will not be disclosed, both companies will have the opportunity to leverage certain joint intellectual property, collaborate with suppliers and use licensing agreements moving forward, Navistar says.
“Navistar and Caterpillar have had a strong, collaborative working relationship through a number of projects and partnerships for many, many years,” says Bill Kozek, president, Navistar Truck and Parts.
He adds, “This next phase provides Navistar with an exciting opportunity to introduce new technologies and product features into our new line of premium vocational trucks that we’ll launch in 2016.”
The company says it will provide additional details on its new premium vocational trucks in the months ahead.
Navistar International Corp. is a holding company. Its 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, while one offers financing services.