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Friday, July 6, 2012
Investopedia: Navistar Changes Gear With Its Engine Program
It looks like truck and engine manufacturer Navistar (NYSE:NAV)
has finally bowed to the inevitable and is changing up its engine
technology. While the company's press release reads as though this is a
big leap forward, the reality is that management has struggled mightily
with its existing advanced exhaust gas recirculation (EGR) technology
and had little choice but to abandon an all-EGR approach in favor of
urea-based after treatment. Although this switch is a necessary step for
the company, it remains to be seen how much implementing this new
approach (and getting EPA certification) is going to cost.
Continue reading here:
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Continue reading here:
http://stocks.investopedia.
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