Exhibit 99.1
NEWS RELEASE
Media Contact: Roy Wiley 630-753-2627
Investor Contact: Ramona Long 630-753-2406
Web site: WWW.NAV-INTERNATIONAL.COM
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PREVIOUSLY REPORTED ANNOUNCEMENT OF COST CUTTING MOVES RESULTS IN LAYOFFS AT TWO INTERNATIONAL ASSEMBLY PLANTS
WARRENVILLE, Ill. - August 27, 2002 - International Truck and Engine Corporation, the operating company
of Navistar International Corporation (NYSE: NAV), today confirmed that previously announced measures aimed at
reducing fixed costs will result the in the layoff of approximately 1,100 employees over the next several weeks.
Barry Laughlin, general plant manager at the company's Springfield, Ohio operations, said that the
closing of the company's secondary production line will result in the elimination of approximately 750 to 800
jobs, including positions held by hourly represented, salary represented and non-represented employees. The bulk
of the layoffs will occur on September 6 and the others will follow in subsequent weeks. The closing of the line
had long been anticipated.
Howard Miller, plant manager at the company's Indianapolis engine plant, said that the company would
layoff approximately 315 represented production employees effective September 27. Miller noted that the layoff
comes as the transition is being made to a new, more powerful 6.0-liter diesel engine for Ford that will be
introduced this fall.
When Navistar released third quarter results on August 16, it said it continues to work on a number of
actions aimed at fixed cost reductions and improved operating efficiencies.
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