Navistar To Pay $9.1M For EGR Diesel Engines

Navistar Close to Settlement with Shareholder for False EGR Diesel Engine Claims

Navistar International Corp. is close to completing a settlement with shareholders over allegations that it made false and misleading statements about the benefits of a diesel engine technology (EGR) that turned out to be a disaster for the company. Shareholders on Wednesday asked Illinois U.S. District Judge Manish S. Shah to give final approval to the lawsuit settlement over Navistar’s so-called reduced-emissions Advanced EGR engine for the heavy-duty truck market.…

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