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Oct 29 (Reuters) – Navistar International Corp :
* Engine technology could not be saved – interim CEO
* To end quarter with cash at top of forecasted range – interim
CEO
* Says to pay down debt as quickly as possible – interim CEO
* Compensation program partly tied to successful engine launch
– interim CEO
* Capacity reductions should cut fixed costs by at least $150
million to $175
million – interim CEO
* Has plans in place for additional cuts if economy ‘abnormally
lousy in 2013′
– interim CEO
* ‘not fire-saling’ assets – interim CEO
* CFO says expects to be able to refinance debt as risk profile
improves in
2013
* CEO says hopes top 11 executives remain with the company
