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NAV - Navistar tops beaten-down adjusted EBITDA expectations
Navistar International Corporation
Navistar (NYSE:NAV) reports revenue fell 36% in FQ2 to $1.9B. The 39% decrease in truck segment revenue was primarily due to lower volumes in the company's core markets attributable in part to the COVID-19 pandemic, lower Mexico volumes and a decrease in GM-branded units.
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