component News Updates

Business, Equipment

Meritor Names Evans Interim CEO

Truck component maker Meritor Inc. has named Ivor Evans the company’s chairman and interim CEO, replacing Chip McClure, who is leaving the company.

May 6, 2013
Business, Equipment

Component Makers Report Lower 1Q Results

Two component makers reported lower first-quarter results compared with the same period last year.

May 3, 2013
Business, Equipment

Meritor Reports Fiscal 2Q Loss

Meritor Inc. reported a loss for its second fiscal quarter, and the truck component maker said it plans to sell 50% of a joint venture in Brazil.

April 30, 2013
Business, Equipment

Dana’s Profit Declines on Lower Demand

Dana Holding Corp. said Thursday its first-quarter profit declined from a year ago, on lower demand from the North American commercial vehicle market.

April 25, 2013
Business, Equipment

Accuride Reports 1Q Loss

Accuride Corp. reported a first-quarter loss but said that Class 8 vehicle orders and production are showing signs of improvement.

April 24, 2013
Business, Equipment

Accuride Reports 4Q Loss

Accuride Corp. posted a $156.5 million fourth-quarter loss, citing a charge related to its Gunite division.

March 7, 2013
Business, Equipment

Commercial Vehicle Group CEO Dunn to Retire This Year

Component supplier Commercial Vehicle Group said Friday that CEO Mervin Dunn will retire this year but will remain in the post until a successor is appointed.

March 1, 2013
Business, Equipment

Visteon Posts Fourth-Quarter Profit

Vehicle parts manufacturer Visteon Corp. posted a fourth-quarter profit, improving upon the loss it experienced during the same time in 2011.

February 28, 2013
Business, Equipment

Eaton Boosting Dividend by 11%

Eaton Corp. said Wednesday its board has approved an 11% increase in its quarterly cash dividend.

February 27, 2013
Business, Equipment

Dana’s Fourth-Quarter Profit Improves

Truck and auto component maker Dana Holding Corp. said Thursday its fourth-quarter profit rose from a year ago, though its revenue declined.

February 21, 2013