July 31, 2014 - Industry News
Sales were down slightly for Meritor in its third fiscal quarter, but partly thanks to a settlement of an antitrust suit with Eaton, it saw net income of $234 million, compared to a net loss of $38 million in the same period last year.
Tags: Meritor, Aftermarket, Earnings
January 29, 2014 - Industry News
Truck component maker Meritor recorded a profit for the final quarter of last year, compared to a loss the same time a year ago, according to a newly released earnings report.
Tags: OEM, Meritor, Aftermarket, Earnings
Meritor has long positioned itself as a provider of information and training, but has gone one step further developing two Nissan high-roof NV3500 trucks that will deliver onsite product and systems education to fleets, warehouse distributors and independent service garages in the United States and Canada.
Tags: Maintenance, Training, Meritor, Aftermarket, Technician Training, Brakes, Technicians, HDAW 2014, HDAW
September 22, 2013 - Industry News
Meritor Inc. is expanding its first wholesale aftermarket parts outlet in North America to provide OEM dealers, warehouse distributors and area rebuilders with a complete parts selection and fast delivery of all-makes drivetrain components and related replacement parts.
Tags: Meritor, Aftermarket, Expansion
July 24, 2013 - Industry News
Fleet interest in air disc brakes is growing, Meritor says, but time-tested and trusted drum brakes will dominate the market for some time to come.
Tags: Brakes, Meritor, Air Disc Brake
July 15, 2013 - Industry News
Meritor is reinvigorating a 75-year-old brake manufacturing facility in Wales, complete with a state-of-the-art engineering and test center, to meet expected increased demand in North American, European and emerging commercial vehicle markets.
Tags: Meritor, Air Disc Brake, Brakes, Global
May 6, 2013 - Industry News
Meritor has named Ivor J. Evans executive chairman of the board and interim chief executive officer and president. Evans, who has been a member of the board of directors since 2005, succeeds Charles "Chip" McClure Jr., who is departing from the company.
Tags: Meritor, Aftermarket
April 30, 2013 - Industry News
Meritor Inc. announced it has signed a purchase and sale agreement to sell its 50% ownership interest in Suspensys Sistemas Automotivos LTDA to its joint venture partner Randon S.A. Implementos E Participacoes.
Tags: Meritor, Global, Aftermarket
Meritor Inc. reported financial results for its second fiscal quarter ended March 31, 2013, which included that its sales were $908 million, down $252 million or 22 percent, from the same period last year.
Tags: Meritor, Aftermarket, financials, Earnings
January 31, 2013 - Industry News
Meritor celebrated its 10 millionth trailer axle made in North America at its Frankfort, Ky. manufacturing facility.
Tags: Meritor, Wabash, Werner Enterprises, Kentucky, Axles
January 23, 2013 - Industry News
Fras-le announced that it began production of heavy-duty brake lining at its friction manufacturing facility in Prattville, Ala. earlier this month. This is the first time Fras-le has produced heavy-duty brake lining in the U.S.
Tags: Industry, Fras-le, Meritor
January 22, 2013 - Industry News
LAS VEGAS -- Meritor introduced a comprehensive aftermarket drivetrain program, called Drivetrain Direct, designed to meet the parts needs of component rebuilders across the U.S. and Canada
Tags: Industry, Meritor, Aftermarket
January 17, 2013 - Industry News
Meritor announced a series of organizational changes it says are designed to more closely align its overall structure with its recent business segment consolidation
Tags: Industry, Meritor, Aftermarket, People
November 14, 2012 - Industry News
For the fourth quarter of fiscal year 2012, Meritor posted sales of $986 million, down 19% from the same period last year due to lower sales volumes in global markets as well as weaker currency translation
Tags: Industry, Meritor
November 13, 2012 - Industry News
Meritor Inc. announced that it plans to consolidate its North American remanufacturing operations and create a "center of excellence" in Plainfield, Ind
Tags: Industry, Meritor, Aftermarket, Remanufacturing
November 12, 2012 - Industry News
Meritor Inc. announced that it has revised its reporting structure to drive efficiencies across the corporation. Going forward, the company expects to report future results under two segments: Commercial Truck and Industrial and Aftermarket and Trailer
November 7, 2012 - Industry News
Three aftermarket customers of Meritor have been recognized in a national "Drive to 100 Store Decor" contest to improve retail store showroom decor.
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