SCHAUMBURG, Ill. (March 12, 2009) – Navistar Financial Corporation, a wholly owned subsidiary of Navistar International Corporation (NYSE: NAV), celebrated a milestone anniversary today: 60 years of helping dealers and customers purchase International® trucks, IC Buses and trailer products.
“We have consistently supported our dealers and customers through many ups and downs of the economy over the past 60 years,” said David Johanneson, president and chief executive officer of Navistar Financial. “As the global economy faces extremely difficult conditions, we are even more dedicated to providing the financing products and services that our dealers and customers need to operate their businesses.”
“Navistar Financial employees are unparalleled in their support, not only for our dealership, but also for our customers,” said Jerry Selking, dealer principal of Selking International in Fort Wayne, Indiana. “People make the difference both in our dealership and in our finance company, and Navistar Financial’s professionalism and true commitment to our business has earned our loyalty. We look forward to many more years of partnership.”
“Navistar Financial plays an indispensable role in the performance of the manufacturer and its distribution network. Today, this role is more apparent and more critical than ever,” said Drew Linn, dealer principal of Southland International in Birmingham, Alabama. “We congratulate Navistar Financial on 60 years of helping to move Navistar’s great products through the distribution chain with its floor plan products, retail financing and leasing.”
Navistar Financial was founded under the name of International Harvester Credit Corporation on March 12, 1949.
Navistar Financial Corporation provides financial programs and services tailored to meet all Navistar’s customer and dealer equipment-financing needs. Additional information is available at: www.navistar.com.
Media contacts: Roy Wiley, 630-753-2627 or Sara Mee, 630-753-4101
Investor contact: Heather Kos, 630-753-2406
Web site: www.Navistar.com/newsroom