As engine debacle fades, Navistar counts on connected tech and cost cuts

Navistar International is still reporting losses, but they are narrowing year-on-year and the message from management is one of optimism. The OEM's Q2 2014 net loss of US$64m (US$0.78 per diluted share) shows a dramatic improvement from the Q2 2014 loss of US$297m (US$3.65 per diluted share) though a widening from the loss of US$42m (US$0.52 per share) in Q1 2015.