Meritor News Updates

Business

Meritor Affirms 2012 Earnings Guidance

Truck components maker Meritor Inc. reaffirmed its earnings guidance for fiscal year 2012, and said its next quarter would improve incrementally from its most recent.

March 21, 2012
Business

Meritor’s 4Q Profit Jumps on Stronger Truck Market

Components maker Meritor Inc. said Tuesday its fiscal fourth-quarter profit jumped from a year ago on a stronger global truck market.

November 15, 2011
Business

Meritor Swings to Fiscal 3Q Profit

Components maker Meritor Inc. Tuesday reported a third-quarter profit compared with a loss a year ago, as its commercial truck unit sales rose.

August 2, 2011
Business

Meritor Names Bowes Trucking Chief; Tightens 3Q Earnings, Revenue Forecast

Trucking components maker Meritor Inc. Thursday named Tim Bowes head of its commercial truck unit and said that Carsten Reinhardt, formerly its chief operating officer, has left the company.

July 21, 2011
Business

Meritor’s Second-Quarter Profit Improves

Components maker Meritor Inc. Tuesday reported an improved second-quarter profit, as its commercial truck unit sales rose from a year ago.

May 3, 2011
Business

ArvinMeritor Changes Name to Meritor Inc.

Vehicle parts supplier ArvinMeritor Inc. said it has changed its name to Meritor Inc., and separately lowered its second-quarter earnings outlook and said it was closing its European trailer axle business in July.

March 31, 2011
Business

ArvinMeritor Completes Sale of Body Business

Truck and auto components maker ArvinMeritor Inc. said it completed the sale of its body systems business to automobile parts provider Inteva Products LLC for $27.3 million.

January 5, 2011
Business

ArvinMeritor Previews ‘Intelligent’ Axle System

Truck component maker ArvinMeritor Inc., Troy, Mich., unveiled a wired “intelligent†axle system that optimizes lubrication during operation. It may improve fuel economy in heavy trucks equipped with the technology, the company said.

October 6, 2010
Business

ArvinMeritor’s 3Q Loss Declines; Will Sell Body Business

Truck and auto components maker ArvinMeritor’s fiscal third-quarter loss narrowed as its sales improved, and the company said it would sell its body systems business for $35 million.

August 3, 2010
Business

ArvinMeritor Unveils New Trailer Suspension Designed for Fleets in Vocational Markets

FRANKFORT, Ky. — ArvinMeritor Inc. unveiled a new series of trailing-arm, air-ride trailer suspensions designed for fleets that operate primarily in vocational markets.

May 17, 2010