PHH FirstFleet and International enhance truck maintenance capabilities

August 14, 2007 - PHH FirstFleet has announced that, as part of its expanded maintenance network for private truck fleets in North America, it has strengthened its relationship with International Truck and Engine Corporation. The relationship, which began two years ago when International began accepting the PHH FirstFleet Service Card at its nearly 900 locations, has been enhanced to include the following elements:

• Guaranteed labor time for several common repairs and lowest parts price
• Emergency breakdown services, including towing
• Mobile repairs
• Warranty services
• Truck rental services, including daily or long-term rentals, and tractors
• Proactive preventive maintenance
• Upfitted body and parts maintenance

International provides a full range of truck repair services and supports all makes and models. The PHH FirstFleet Service Card enables drivers of medium and heavy trucks to get maintenance and repairs authorized and performed on their vehicles at International; fleet operators benefit from enhanced cost management, consolidated billing, and near real-time access to transactional and trend information via PHH InterActive®, PHH FirstFleet’s online information management system.

“PHH FirstFleet has developed an impressive truck maintenance network for private fleet operators in the US and Canada,” said Mike Lewis, President and General Manager. “International has been a mainstay of that network, and we’re delighted that it is now providing more services to our clients through the PHH FirstFleet Service Card.”

About International Truck and Engine Corporation
A wholly owned subsidiary of Navistar International Corporation (Other OTC: NAVZ), International Truck and Engine Corporation is a leading producer of medium trucks, heavy trucks, severe service vehicles, mid-range diesel engines, parts and service. International and its affiliates sell their products, parts and services through a network of nearly 1,000 dealer outlets in the United States, Canada, Brazil and Mexico and from more than 60 dealers in 90 countries throughout the world. Additional information is available at: www.internationaldelivers.com.

About PHH FirstFleet
PHH FirstFleet, the comprehensive truck services group of PHH Arval, is a national provider of asset management, financial services, and high technology operational support to the trucking and transportation industry throughout North America. Both companies are subsidiaries of PHH Corporation [NYSE: PHH]. PHH FirstFleet is headquartered at 350 East Las Olas Boulevard, Fort Lauderdale, Fla. 33301.  For more information about PHH FirstFleet, call 877-FF4-TRUCK (877-334-8782).