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
June 23, 2014 - Industry News
Truck component makers Meritor and Eaton have reached a settlement agreement relating to an antitrust lawsuit filed in 2006.
Tags: Eaton, Meritor, Eaton Corp., Litigation
May 23, 2014 - Industry News
CAMERI, ITALY -- Meritor is developing a new drive axle intended to save fuel by reducing parasitic power losses resulting from oil churn. The company shared its plans for the new fuel-efficient drive axle at a press event for North American trade journalists.
Tags: Meritor, Drivetrains, Axles, Fuel Economy, Global
May 1, 2014 - Industry News
Finances for the truck component maker Meritor have turned around compared to a year ago, with it reporting a small profit.
Tags: Meritor, Earnings
September 13, 2013 - Industry News
Legislation has been introduced in the U.S. House to discourage any increase in the 12% Federal Excise Tax on the purchase of heavy-duty trucks and trailers, a measure that has been discussed as one way to raise more money for highways.
Tags: NTEA, TRALA, Taxes, ATD, Congress, Navistar, Volvo Trucks, Equipment, Mack Trucks, Meritor, Highway Funding, Dealers, Infrastructure Funding
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
June 19, 2013 - Industry News
Vantage Trailers has selected Meritor trailer components as standard equipment on all Vantage products, including suspensions, tire pressure inflation, wheel-end components and more.
Tags: Trailers, Meritor
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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