International Truck, a Navistar Company, Announces Estimated Price Increase for International® CityStar™ Series

New Emissions Requirements Cause Rising Purchase Costs for Trucks

Warrenville, Illinois - February 05, 2007
– International Truck announced today that it is estimating the cost of its International® CityStar™ Series (formerly known as the CF Series) to be $4,000 to 4,500 higher due to the 2007 emissions requirements.

The International® cab forward truck is powered by a MaxxForce™ 5 diesel engine (formerly known as the International® VT 275 V6 diesel engine), which requires new technology to meet EPA mandates. For its family of mid-range engines, MaxxForce engines will be optimizing exhaust gas recirculation (EGR), and using proven air management and fuel injection systems in addition to a diesel particulate filter based upon six years of Green Diesel Technology® vehicle development. These upgrades have added to the estimated cost of the International CityStar Series.

"The cost of upgrading the engines to meet the federal mandates will have an effect on virtually all diesel truck customers nationwide," said O.J. Aboyade, Vice President and General Manager, CF Business at International. "However, our goal continues to be providing customers with the highest reliability, serviceability and performance."

In November 2005, International released preliminary information on both pricing and fuel economy, noting it was working on minimizing the impact of both on its customers. It was announced that prices for MaxxForce mid-range diesel powered trucks and IC buses were estimated to increase $5,000 to $6,000 per vehicle. For International Class 8 truck/tractors with supplier engines, the estimates range from $7,000 to $10,000.

The versatile International CityStar Series chassis complements a wide range of body types and equipment for use in such vocations as pickup and delivery, refrigeration, recovery, landscaping and construction. International CityStar Series models also offer an automatic transmission with an optional power take-off (PTO) capable of operating specialized body equipment.

About International Truck
An affiliate of Navistar International Corp. (NYSE: NAV), International Truck is a leading producer of medium trucks and heavy trucks for various markets including over-the-road, pickup and delivery, construction, utility and governments. Based in Warrenville, Ill., International Truck offers its products, parts and services through a network of nearly 1,000 dealer outlets North America and from more than 60 dealers in 90 countries throughout the world. 
ABOUT INTERNATIONAL

Based in Lisle, Illinois, International Motors, LLC* creates solutions that deliver greater uptime and productivity to our customers throughout the full operation of our commercial vehicles. We build International® trucks and engines and IC Bus® school and commercial buses that are as tough and as smart as the people who drive them. We also develop Fleetrite®aftermarket parts. In everything we do, our vision is to accelerate the impact of sustainable mobility to create the cleaner, safer world we all deserve. As of 2021, we joined Scania, MAN and Volkswagen Truck & Bus in TRATON GROUP, a global champion of the truck and transport services industry. To learn more, visit www.International.com.

Media contact:
Nick Smith
nick.smith@navistar.com
480-398-6511

Investor contact: 
Marvin Kalberlah
marvin.kalberlah@navistar.com
630-432-5179

 

*International Motors, LLC is d/b/a International Motors USA LLC in Illinois, Missouri, New Jersey, Ohio, Texas, and Utah.