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International Nixes Gargantuan CXT, MXT, and RXT Trucks

September 29, 2008
Pointing to "a combination of fuel prices and market forces as the reason for discontinuing" International's Desert-Storm-sized CXT, MXT, and RXT trucks for the consumer market (according to Kicking Tires), International spokesman Jon Harmon points out that the trucks "were always seen as niche products." Kinda reminds us of when Pee-Wee Herman crashed his bike in front of all the cool kids in the neighborhood, dusted himself off, and pronounced, "I meant to do that."

International enjoyed quite a hit in this once-profitable niche in the five minutes before wars, gas prices, and the economy did away with these HUMMER-trumping trucks. The vehicles, approaching the size of commercial tractor-trailers, retailed beginning at $90,000, and average blue-chip dividends just aren't able to purchase such fun toys anymore. Or the diesel to run them. Or the parking lot driveway long enough to park them.

But don't worry about International's future--your taxes should ensure that company's liquidity for some time to come. Congress has ordered 10,000 MRAPs (Mine Resistant Ambush Protected vehicles) at a cost of over $500,000 each, and on January 2, International proudly marked the 1,000th MaxxPro MRAP to roll of the line. It would take that many MRAPs-- or maybe more--to break down the ego otherwise known as Ahmadinejad.--Colin Mathews

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