Parent company Traton Group said April 29 that International sold 10,413 trucks in Q1, a 24% decrease year over year. (International Motors)<\/p>\n
\n April 30, 2026 1:12 PM, EDT<\/p>\n
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\nInternational posted a third consecutive quarterly loss in Q1 as vehicle sales fell 21% to 13,300.Revenue fell 19% to $2.07 billion, and results included $180 million in Springfield sale costs and $19.9 million in severance.Production of International\u2019s CV Series will end Sept. 10, and International will operate four plants after Springfield\u2019s sale closes. <\/p>\n
International Motors posted a third consecutive quarterly loss in the first three months of 2026 on the back of a slump in sales plus plant divestment and severance payment charges.<\/p>\n
Lisle, Ill.-based International \u2014 which owns school bus manufacturer IC Bus as well as the eponymous truck brand \u2014 sold 13,300 vehicles in Q1, a 21% decrease compared with 16,900 vehicles in the year-ago period, the company reported April 13<\/a>.\n \t \t\t<\/p>\n Sales also fell 15.8% compared with 15,800 trucks and buses in the fourth quarter of 2025.<\/p>\n Parent company Traton Group said April 29 that International sold 10,413 trucks in Q1, a 24% decrease from 13,702 trucks in the same period 12 months earlier.\n \t\t<\/p>\n International posted sales revenue of $2.07 billion in Q1, a 19% decrease compared with $2.54 billion a year earlier.<\/p>\n As a consequence, International posted an adjusted operating loss of $83 million in Q1, compared with a $40.9 million profit in the year-ago period. Traton reports earnings in euros, and all conversions were correct as of April 29. International posted losses of $131.8 million and $129.1 million, respectively, in the final two quarters of 2025.<\/p>\n The most recent results were also hurt by $180 million in expenses related to the sale of the Springfield assembly plant<\/a> and $19.9 million for severance payments in Q1.<\/p>\n Ongoing market weakness led to the departure of 300 corporate salaried employees<\/a> in February. No hourly production plant workers were affected.<\/p>\n However, the future of staff at the Springfield plant remains unclear after the sale of the facility to Canadian manufacturer Roshel.<\/p>\n The sale came about because General Motors is axing its Chevrolet Silverado medium-duty line, which is assembled under contract at Springfield. Production of International\u2019s CV Series will end Sept. 10 as a result of the sale.<\/p>\n International will operate four manufacturing plants once the sale of Springfield closes:<\/p>\n The Escobedo Assembly Plant in Escobedo, Mexico An assembly line at the International plant in Escobedo, Mexico. (International Motors)<\/p>\n Headwinds from International\u2019s sales decrease and one-time charges plus tariff costs contributed to Traton reporting a $680.1 million adjusted operating result, a 10% decrease compared with $755 million in the year-ago period.<\/p>\n Traton\u2019s revenue in Q1 totaled $11.96 billion, down 4% compared with $12.4 billion a year earlier.<\/p>\n The Volkswagen division\u2019s global truck and bus sales in the most recent quarter fell 6% to 68,604 from 73,090 vehicles in the year-ago period. Sales of trucks by the company\u2019s divisions totaled 53,535 vehicles in Q1, down 7% compared with 57,566 vehicles a year earlier.<\/p>\n However, Traton executives told analysts during an April 29 investor call that they were optimistic about demand in Europe and North America in the coming months.<\/p>\n Traton\u2019s orders in Q1 rose 18% to 87,775 vehicles from 74,307 trucks and buses in the same period 12 months earlier. Of those orders, 71,100 were trucks, a 21% increase compared with 58,891 trucks in Q1 2025.<\/p>\n International orders in the most recent quarter jumped 81% to 22,235 trucks and buses from 12,285 vehicles in the year-ago period. The increase was due to improved U.S. market conditions in the heavy-duty truck sector, Traton said.<\/p>\n Traton continues to expect Class 8 sales in North America of between 246,000 and 284,000 trucks. Traton\u2019s estimates include the U.S., Canada and Mexico, while other forecasts comprise just the first two nations.<\/p>\n \u201cAfter more than four months of consistently strong U.S. demand, we are increasingly confident that we have passed the trough of the cycle,\u201d Traton CEO Christian Levin told analysts.<\/p>\n (International Motors)<\/p>\n The main reason for the jump in orders was an increase in freight rates and a better balance between capacity and demand, the company\u2019s top executive added.<\/p>\n Class 8 orders rose more than 100%<\/a> year over year for a second consecutive month in March, the latest ACT Research data shows.<\/p>\n
\n\tThe Huntsville Powertrain Plant in Huntsville, Ala.
\n\tThe San Antonio Manufacturing Plant
\n\tThe Tulsa Bus Plant in Tulsa, Okla.<\/p>\n