Navistar International Corporation (NIC), incorporated on May 26, 1993, is a holding company, whose principal operating subsidiaries are Navistar, Inc. and Navistar Financial Corporation (NFC). The Company is a manufacturer of International brand commercial and military trucks, MaxxForce brand diesel engines, IC Bus (IC) brand school and commercial buses, as well as a provider of service parts for trucks and diesel engines. It also provides retail, wholesale, and lease financing of trucks and parts. The Company operates in four reporting segments, which comprises: North America Truck, North America Parts, Global Operations (collectively referred to as Manufacturing operations), and Financial Services. Its principal products and services include Trucks, Parts, Engines and Financial Services. The Company manufactures and distributes Class 4 through 8 trucks and buses in the common carrier, private carrier, government, leasing, construction, energy / petroleum, military vehicle, and student and commercial transportation markets under the International and IC brands. It supports its International brand commercial and military trucks, IC brand buses, MaxxForce engines, as well as its other product lines, by distributing products together with a selection of other standard truck, trailer, and engine service parts. The Company designs and manufactures diesel engines across the 50 through 550 horsepower range under the MaxxForce and MWM brand names. In North America, its engines are primarily used in its International branded trucks and military vehicles and IC branded buses. In Brazil, in addition to the MWM brand, it also produces mid-range diesel engines primarily under contract manufacturing arrangements for sale to original equipment manufacturers (OEMs) in South America. The Company also manufactures diesel engines for the pickup truck, van, and sport-utility vehicle (SUV) markets. It provides retail, wholesale, and lease financing of products sold by the North America Truck and North America Parts segments, as well as their dealers, within the United States and Mexico. North America Truck Segment The North America Truck segment manufactures and distributes Class 4 through 8 trucks, buses, and military vehicles under the International and IC brands, along with production of engines under the MaxxForce brand name, in the North America markets that include sales in the United States, Canada, and Mexico. The North America Truck segment also produces concrete mixers under the Continental Mixers brand. Through Blue Diamond Truck Co. LLC (BDT), its joint venture with Ford, it manufactures certain Ford and Navistar medium-duty trucks. It also sells International and CAT branded trucks through its alliance with Caterpillar Inc. The North America Truck segment's manufacturing operations also include the production of diesel engines, which are primarily used in its trucks, and include Pure Power Technologies Metalcastings (PPT), which consists of a components business focused on air and fuel systems, and foundry operations that manufacture engine components, mainly cylinder blocks, heads, and other engine components. The operations at the engine manufacturing facilities comprises principally of the assembly of components manufactured by PPT and the Company’s suppliers, as well as machining operations relating to steel and grey-iron components, and certain higher technology components necessary for its engine operations. The Company’s commercial trucks are distributed in virtually all key markets through its distribution and service network retail outlets, which is comprised of 797 outlets in the United States and Canada and 80 outlets in Mexico, as of October 31, 2013. North America Parts Segment The Company’s North America Parts segment supports its brands of International commercial and military trucks, IC buses, MaxxForce engines, as well as its other product lines, by providing customers with products together with a selection of other standard truck, trailer, and engine service parts. The Company distributes service parts in North America through the dealer network that supports its trucks and engines. The North America Parts segment also includes its Blue Diamond Parts (BDP) joint venture with Ford, which manages the sourcing, merchandising, and distribution of certain service parts for North American Ford vehicles. Global Operations segment The Company’s Global Operations segment includes businesses that derive their revenue from outside its core North America markets and primarily comprises the operations of its wholly-owned subsidiary, International Indústria de Motores da América do Sul Ltda. (IIAA) in Brazil and its truck and parts export businesses under the International and IC brands. IIAA is in the South American mid-range diesel engine market, manufacturing and distributing mid-range diesel engines and providing customers with additional engine offerings in the agriculture, marine, and light truck markets. In addition, it also sells its engines to global OEMs for various on-and-off-road applications. It offers contract manufacturing services under the MWM brand to OEMs for the assembly of their engines, particularly in South America. In addition, as part of its MWM operations, the Global Operations segment has engine manufacturing operations in Argentina. The Company’s commercial products are marketed through its independent dealer network, which offers a range of services and other support functions to its end users. Its commercial trucks are distributed in certain markets through its distribution and service network of retail outlets, which include 304 international locations, as of October 31, 2013. Financial Services Segment The Company’s Financial Services segment provides and manages retail, wholesale, and lease financing of products sold by the North America Truck and Parts segments and their dealers within the United States and Mexico. All of the revenues earned by the Financial Services segment are derived from supporting the sales of its vehicles and products. The Company also finances wholesale and retail accounts receivable, of which all revenues earned are received from financing the sales of its trucks and parts. The Financial Services segment manages the relationship with Navistar Capital (an alliance with GE Capital), which provides retail financing to its customers in the United States. The Company competes with PACCAR Inc., Ford Motor Company, Freightliner, Western Star, Volvo, Mack, BAE systems, Force Protection, Inc., General Dynamics Land Systems, Oshkosh Truck, Isuzu Motors America, Inc., UD Trucks North America, Mitsubishi Motors North America, Inc., Kenmex, Mercedes Benz, Cummins Inc., Hino, Navistar, Inc., Toyota Motor Corporation, Mack, Volvo, Fiat Powertrain, Scania, MAN, FPT, New Holland, Sisu Diesel, Deere & Company and Scania.