NAVISTAR INTERNATIONAL CORPORATION and the POWER INVESTMENTS, INC. division of DELCO REMY

NAVISTAR INTERNATIONAL CORPORATION and the POWER INVESTMENTS, INC. division of DELCO REMY INTERNATIONAL, INC. will form a joint venture, MAGNUM POWER PRODUCTS, to provide remanufactured engines and component parts for service replacement. Magnum will be the worldwide remanufacturer for designated InternationalT diesel engines and certain private label brand engines designed and manufactured by Navistar. Power Investments will provide remanufacturing expertise and Navistar technical and engineering support. Initial remanufactured products will include the 7.3L V-8 turbo diesel Ford Power StrokeT brand, International T 444E direct injection V-8 diesel engine, and related engine components.