The selloff in Navistar (NAV -11.5%) gathers steam after a federal appeals court vacates an EPA rule that would have allowed the company to sell heavy-duty diesel truck engines that fail to meet the latest pollution standards for engine exhaust. The ruling was a big win for NAV's competitors, who initially filed the suit: Cummins (CMI +2.3%), Volvo AB (VOLVY.PK +1.2%) and Daimler AG (DDAIY.PK +0.2%).
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