Navistar to take $40-$60 mln restructuring charge

Newswire

Aug 30 (Reuters) - Embattled truck and engine maker Navistar International Corp said it expected to incur a charge of between $40 million and $60 million in the fourth quarter related to its recent workforce reduction program. The company, which is struggling to win U.S. regulatory approval for a new generation of diesel engine, earlier this month said it was planning to cut jobs through a voluntary separation program. In a separate statement, Navistar ...

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