<PAGE 1> EXHIBIT 21 NAVISTAR INTERNATIONAL CORPORATION AND SUBSIDIARIES ---------------------------------- SUBSIDIARIES OF THE REGISTRANT AS OF OCTOBER 31, 1995 STATE OR COUNTRY IN WHICH SUBSIDIARY ORGANIZED ---------- Subsidiary included in the financial statements, which is 100% owned: Navistar International Transportation Corp. ......... Delaware Subsidiaries that are 100% owned by Navistar International Transportation Corp.: Navistar International Corporation Canada ........... Canada Navistar Financial Corporation ...................... Delaware Subsidiaries and corporate joint ventures not shown by name in the above listing, if considered in the aggregate as a single subsidiary, would not constitute a significant subsidiary. Financial information for the domestic and foreign finance and insurance subsidiaries appears in the Statement of Income, Statement of Financial Condition and Statement of Cash Flow in the 1995 Annual Report to Shareowners. E-6