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Navistar Launching Private Label Product Line

Engine and truck maker said Monday it's starting PartSmart products, a lower-priced private label brand of truck parts designed for budget-minded truck owners.

WARRENVILLE, Ill. (AP) -- Engine and truck maker Navistar International Corp. said Monday it's launching a lower-priced private label brand of truck parts designed for budget-minded truck owners.

PartSmart products, which include a variety of fast-moving and fast-wearing parts for all makes of trucks, cost up to 20 percent less than genuine, original equipment parts, Navistar said.

Some of the parts available include air valves, bearings, belts, clutch, hoses, hydraulic pads and calipers, lighting, rotating electrics, u-joints, seals and wipers.

All of the parts come with a one-year, parts-only replacement warranty and can be purchased at Navistar's International brand U.S. dealers. The line will be available overseas later in the year.

Navistar shares fell 19 cents to $32.21 in morning trading.