Navistar Statistics By Sales, Revenue and Facts

Introduction

Navistar Statistics: Navistar International Corporation is a United States-based company that was established in 1986 as the successor to International Harvester. The headquarters of Navistar are located in Lisle, Illinois wherein 13,000 or more employees are employed globally.  Navistar works as the owner of international-related trucks and diesel engines. Navistar was named as a wholly owned subsidiary of Trenton and thus is a part of the Volkswagen Group.

The organization even manufactures buses under the brand name IC Bus. We shall shed more light on the Navistar Statistics through this article.

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• Navistar has about 1,000 dealer outlets in the United States, Canada, Brazil, and Mexico. They also have over 60 dealers in 90 countries worldwide.
• In both 2021 and 2022, Navistar primarily focused on manufacturing trucks. In 2022, they produced about 69,500 trucks and 12,600 buses.
• By 2023, production grew slightly with approximately 73,300 trucks and 13,400 buses being manufactured.
• Navistar Statistics stated that these declines happened during the COVID-19 pandemic and global semiconductor shortages, which affected car sales worldwide.
• Navistar Defense LLC operates on its own and is owned by Cerberus Capital Management, focusing on defense vehicles and services.
• In 2023, Navistar produced approximately 73,300 trucks and around 13,400 buses as per Navistar Statistics.
• In 2022 and 2023, most of Navistar’s sales revenue came from selling new vehicles, totaling approximately USD 6.9 billion and USD 7.9 billion respectively.
• Navistar Statistics stated that most employees at Navistar earn between USD 60,000 and USD 100,000 per year, which accounts for 36% of the workforce.
• Scania Sold 91,700 trucks in 2023, up 14% from the previous year, while MAN saw a 44% increase to 83,700 units.
• International sold 37,200 Class 8 trucks in 2023 as per Navistar Statistics.

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Navistar Sales Statistics

• In 2023, Navistar’s International-branded truck sales totaled 75,500 units, marking a 9% increase from the previous year.
• Navistar Statistics stated that the International sells trucks ranging from Class 4 to Class 8 in North America, and Classes 4 and 5 in Latin America, focusing primarily on Classes 6 through 8 in the U.S.

(Reference: statista.com)

• From 2016 to 2019, Navistar saw steady growth in sales revenue, increasing from about 8 billion euros to around 11 billion euros.
• However, in 2020 and 2021, sales dropped to about 7.3 billion euros and 3.6 billion euros, respectively.
• These declines were due to challenges like the COVID-19 pandemic and global shortages of semiconductors, which affected the entire car industry worldwide.
• In 2022, Navistar bounced back strongly with sales revenue climbing to approximately 10.5 billion euros.
• This positive trend continued into 2023, with sales reaching about 11 billion euros as per Navistar Statistics.
• It’s important to note that Navistar’s sales downturn during 2020 and 2021 was part of broader challenges faced by the global automotive sector.
• Navistar was acquired by the Traton Group in 2021, providing new ownership aimed at strengthening its operations.
• Specifically, International sold 37,200 Class 8 trucks in 2023 as per Navistar Statistics.
• Navistar, a subsidiary of Germany’s Traton Group, achieved total vehicle sales of 88,900 units in 2023, up 9% from 81,900 in 2022.
• Sales at Navistar’s IC Bus unit, based in Lisle, Ill., increased by 4% year-over-year to 13,400 buses in 2023.
• However, incoming orders for Navistar decreased by 29% to 60,900 vehicles in 2023, mainly due to orders for the year being largely secured in 2022. Looking forward to 2024, Navistar is cautious about accepting new orders due to a significant backlog.
• Traton Group, which includes brands like Scania and MAN, reported a strong performance with total sales of 338,200 vehicles in 2023, an 11% increase from 2022.
• Scania Sold 91,700 trucks in 2023, up 14% from the previous year, while MAN saw a 44% increase to 83,700 units.
• Traton’s CEO, Christian Levin, highlighted the company’s ability to stabilize production and reduce backlog despite ongoing challenges in supply chains. He noted strong demand in Europe and a healthy order book going into the second half of the year.
• Navistar Statistics stated that Traton plans to release its full earnings report for 2023 on March 5th.

Navistar Financial Highlights 2024

(Reference: filecache.mediaroom.com)

• In the above chart, we can see the incoming orders in thousands of units from Q4 2021 TO Q3 2022.

(Reference: filecache.mediaroom.com)

• In the above chart, we can study the booking-to-billing ratio in units.

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(Reference: filecache.mediaroom.com)

• The above chart shows the sales revenue for the year 2021 and 2022.

(Reference: filecache.mediaroom.com)

• In The above chart, we can study the operating results in millions of dollars.

Navistar Demographics Statistics

• Navistar has almost 27% of female employees and 62% of males respectively.
• The following are the most common Navistar locations:

• At Navistar, 60% of employees have a bachelor’s degree or higher.
• The most popular field of study among Navistar employees is business, with 22% of employees having majored in it.
• Navistar has mostly male employees, comprising 73% of the workforce, while 27% are female as per Navistar Statistics.
• The largest racial or ethnic group among Navistar employees is White, making up 62% of the company’s workforce.

• The most common age group at Navistar is 20-30 years old, accounting for 31% of employees.
• Navistar Statistics stated that the least common age group is under 18 years old, making up just 1% of Navistar’s workforce.

(Reference: zippia.com)

• In the above chart, we can see the age-wise percentile of employees of Navistar.

• According to Navistar statistics, 27% of the workforce stay for 1-2 years, while only 6% stay for 8-10 years.

(Reference: zippia.com)

• Navistar Statistics stated that most employees at Navistar earn between $60,000 and $100,000 per year, which accounts for 36% of the workforce.
• Only 1% of Navistar employees earn more than $200,000 annually, making it the least common salary range.

• Approximately 12% of Navistar employees hold a commercial driver’s license (CDL), making it the most common certification among them.
• As per Navistar Statistics, the largest political contribution from a Navistar employee, amounting to $140,900, was made by Lewis Campbell to the Republican Party.

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Navistar Sales By Segment

(Reference: statista.com)

• In 2022 and 2023, most of Navistar’s sales revenue came from selling new vehicles, totaling approximately $6.9 billion and $7.9 billion respectively.
• Navistar Statistics stated that the next largest source was from selling genuine parts, bringing in around $2.4 billion in 2022 and $2 billion in 2023.
• Combined, sales from used vehicles and engine deliveries amounted to about $900 million in 2022 and $800 million in 2023.
• Revenue from the rental business was the smallest, with about $46 million in 2022 and $55 million in 2023.
• The rest of Navistar’s sales revenue came from various other sources as per Navistar Statistics.

Operating Result Of Navistar

(Reference: statista.com)

• From 2016 to 2018, Navistar’s operating results improved significantly, moving from a loss of 32 million euros in 2016 to a profit of 420 million euros in 2018.
• However, in 2019 and 2020, Navistar’s operating results declined to a profit of about 262 million euros and a loss of 388 million euros, respectively.
• Navistar Statistics stated that these declines happened during the COVID-19 pandemic and global semiconductor shortages, which affected car sales worldwide.
• But starting in 2021, Navistar began a strong recovery, with operating results of about 41 million euros and 734 million euros in 2022 and 2023, respectively.
• The decrease in operating results in 2019 and 2020 was part of challenges faced by the automotive industry overall, which also saw a decrease in car sales during that time as per Navistar Statistics.

Conclusion

In summary, Navistar has shown strong performance across several important measures. In 2023, the company produced approximately 73,300 trucks and 13,400 buses. Their revenue for the year reached around 11 billion euros. Navistar’s success reflects its focus on expanding production capabilities and navigating economic challenges. Looking ahead, Navistar’s ability to sustain growth will depend on its innovation, adaptation to industry trends, and efficient operations management. We have shed more light on “Navistar Statistics” through this article.