International Motors Reports Third Quarterly Loss Amid 21% Sales Decline

Key Details International Motors posted its third consecutive quarterly loss in Q1 2026, driven by a significant sales slump and one-time charges. The Lisle, Illinois-based truck and bus manufacturer sold 13,300 vehicles in the quarter, down 21% from 16,900 units in Q1 2025. Truck sales specifically dropped 24%, with only 10,413 units delivered compared to 13,702 a year prior. Financial Impact The company reported $2.07 billion in quarterly revenue, a 19% decline from $2.54 billion year-over-year. International posted an adjusted operating loss of $83 million in Q1, a sharp reversal from a $40.9 million profit in the same period last year. One-time expenses including $180 million from the Springfield assembly plant sale and $19.9 million in severance payments significantly impacted results. Why It Matters The Springfield plant sale to Canadian manufacturer Roshel marks a major operational shift, as General Motors discontinued its Chevrolet Silverado medium-duty line produced there. International's CV Series production ends September 10. The company will operate just four manufacturing plants going forward, with 300 corporate salaried positions eliminated in February. Broader Context Parent company Traton Group's global truck and bus sales fell 6% to 68,604 vehicles in Q1. Tariff costs and market weakness continue pressuring the entire operation, with Traton reporting a 10% decline in adjusted operating results to $680.1 million.