A day after filing an amended 10-K that casts doubt on the electric-truck maker’s survival into 2022, the company said it has “multiple avenues to raise capital."
Navistar International reported increased income and market shares in its year-end financial results with company president and CEO Troy Clarke calling 2018 "a breakout year for Navistar."
Strong parts sales offset slumps in other areas, but softening of the North American truck market will make continued profits doubtful, the company said.
Navistar International Corporation has announced a fourth quarter 2013 net loss of $154 million, or $1.91 per diluted share, compared to a fourth quarter 2012 net loss of $2.8 billion, or $40.13 per diluted share.
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