I work for Navistar (international truck and engine) This is the first quarter since 2011 that the company i work for has been profitable. We made a net over profit this year. We had been losing about 1 billion to year for a few years and really made some headway the past 3 years. It's been rough but it looks like its going to turn around. We have partnered with Volkswagen and GM on some joint ventures that should sustain the company for many more years. We trimmed down alot of wastefulness and turned the company around to a lean machine. Improvements everywhere in our design to production process.
I really hope it picks up morale and quite frankly just lessens the worry of being laid off any moment. The research and development area should be safe and upgraded however they are going to shutdown the engine assembly plant attached to the R&D center. This could make room to expand the lab and test cells as well as accommodate more engineers.
We have alot of new products, trucks and designs coming out here soon. Our A26 engine has best in class fuel economy (third party study). The new body style is very bad ass looking and the new interiors are a gigantic improvement.
This is a well needed load off my mind and with contract negotiations coming at the end of 2018 i hope its a very profitable year.