Warrenville, IL (January 4, 2007) - International Truck, a Navistar company, has added Double Coin Tires to its list of primary tire suppliers, the company announced today. In an effort to provide dealers and customers with viable and cost-effective alternatives when it comes to key components, International® selected Double Coin based on its ability to provide quality and reliable products that consumers expect from International while also offering a source of tires with quantities that meet production needs. At International's current capacity, no tire OEM is able to currently meet 100 percent of production capacity.
"The global tire shortage has affected many truck companies, and ultimately, truck customers," said Tom Akers, Vice President, Purchasing and Logistics for International. "International is committed to putting our customers miles ahead on the road and in business. Because Double Coin is able to meet International's production needs and strict quality standards at an affordable cost, we're pleased to add them as a tire supplier."
Double Coin tires will be introduced as an option on all truck series. In early 2006, Hankook Tires was named as the standard on International's medium-duty trucks – the International DuraStar™ and International CityStar™ series – as well as IC Corporation buses. International customers also have the option to select other tire brands, including Continental and Michelin.
The company's evaluation of Double Coin's tires has proven excellent quality, braking characteristics and overall performance. The company is also pleased with Double Coin's warranty coverage and retreadability.
"International Truck's global position and global sourcing initiatives are a perfect match for the high quality truck tires supplied by the China Manufacturers Alliance, LLC (CMA, LLC)," said Larry J. Williams, CEO of CMA, LLC. "The Double Coin brand is synonymous with quality and profitability in the North American replacement market and now one of North America's major OEM's is ready to embrace it too."
About Double Coin
Double Coin Tires are supplied by CMA, LLC, based in Monrovia, Calif., a wholly owned subsidiary of Shanghai Tire and Rubber Company. Shanghai Tire is a leading tire manufacturer in China, and has extended their presence in the United States since their introduction of Double Coin in 1997 by selling nearly 1 million tires in 2006 and offering approximately 950 service points across the United States, Canada, Mexico and Puerto Rico. Additional information is available at www.doublecoin-us.com
About International Truck
An affiliate of Navistar International Corp. (NYSE: NAV), International Truck is a leading producer of medium and heavy trucks for various markets including over-the-road, pickup and delivery, construction, utility and governments. Based in Warrenville, Ill., International offers its products, parts and services through a network of nearly 1,000 dealer outlets in North America and from more than 60 dealers in 90 countries throughout the world. Additional information is available at www.internationaltrucks.com