<PAGE 1> EXHIBIT 21 NAVISTAR INTERNATIONAL CORPORATION AND CONSOLIDATED SUBSIDIARIES ---------------------------------- SUBSIDIARIES OF THE REGISTRANT AS OF OCTOBER 31, 1996 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. E-6