New Navistar (NAV +1.2%) CEO Lewis Campbell says the company might close factories and cut...

|About: Navistar International Co... (NAV)|By:, SA News Editor

New Navistar (NAV +1.2%) CEO Lewis Campbell says the company might close factories and cut spending on engineering as it looks to lowers its costs. What the exec calls "adjusting our footprint" looks a lot like a major overhaul.