Navistar unit wins Taiwan truck contract

May 1, 2005
Navistar International Corp's operating company International Truck and Engine Corp, in partnership with SanYang Industry Co LTD of Taiwan, won a five-year

Navistar International Corp's operating company International Truck and Engine Corp, in partnership with SanYang Industry Co LTD of Taiwan, won a five-year contract worth about $400 million for the delivery of up to 5,000 trucks to the Taiwan Ministry of National Defense.

The contract was awarded April 13 and is set to be signed within the next few weeks. Delivery of completed vehicles will begin in May 2006.

The International 7400 4×4 vehicles with I-6 engines will be used in troop carrier and general cargo applications by Taiwan's armed forces.