US: Analyst +ve on Navistar’s longer-term prospects

Although financial analysts appear increasingly concerned that Navistar will shortly lower its FY2012 earnings guidance again, reflecting negatives such as recent market share losses, narrowing margins and reduced demand in Brazil, Sandeep Kar, Frost & Sullivan's Global Director of commercial vehicle research, believes there continue to be long-term growth opportunities Subscribe to Automotive World to … Continued

• By Webmaster
• June 1, 2012