Thursday, June 07, 2007

Navistar Sues Ford for Breach of Contract Involving Diesel Engines

Navistar International Corporation announced today that it has filed a lawsuit against Ford Motor Company for breach of contract relating to a diesel engine contract involving the Ford F-150 pickup truck and is seeking damages. The suit, filed in the Circuit Court of Cook County, Ill., seeks “at least hundreds of millions of dollars.”

Navistar believes that Ford intends to introduce a new diesel engine that actually was designed by International Truck and Engine Corporation, Navistar’s principal operating company.
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