Navistar International Corp.: The Chicago-based firm reported...
From Times Staff and Wire Reports
Navistar International Corp.: The Chicago-based firm reported a net loss for fiscal 1990 of $11 million due to reduced demand for its medium- and heavy-duty trucks. The loss contrasts with an $87-million profit in fiscal 1989. Revenue fell 10% to $3.6 billion. For the fourth quarter, Navistar reported a loss of $7 million compared to a loss of $13 million in the same period last year.
Tables, D12
