and Navistar to World: We're Back!
According to spokespersons at both companies, Ford Motor Company and Navistar International have decided upon mutually agreeable terms that will (at least in the short term) return production of 6.4-liter Powerstroke diesels back to full capacity by Monday, March 12. Navistar had halted production and engine shipments back on February 26.
This is good news for both companies, especially Ford, which is still in the first 100 days of sales for its new 2008 Super Duty. Ford is depending upon a successful launch of its HD truck to bring in badly needed cash and to help maintain its pole position as the top selling full size pickup.
A Michigan state judge intervened last week to force Navistar to continue shipments to Ford until both parties could settle the dispute over warranty claims and increased engine prices.