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Meritor

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September 29, 2014 - Industry News

Meritor Sells Mascot Brand to Investor Group

Mascot transmission remanufacturing. File photo: Jim Park

Meritor has sold its Mascot operations in Canada and the United States to an entity that will operate under the name Mascot Industries LLC. All other Meritor brake and trailer axle remanufacturing operations, as well as Meritor's distribution business, are not affected by the sale and will continue to operate as usual.

Tags: Canada, Aftermarket Parts, Meritor, Remanufacturing, Mergers & Acquisitions

September 24, 2014 - Industry News

Engine 'Downspeeding' Can Cause Driveline Failures, TMC Attendees Told

Driveline damage from engine torque “spikes” is among the many nuts-and-bolts subjects discussed by fleet managers and supplier representatives this week at a maintenance conference in Florida.

Tags: Downspeed, Spec'ing, Torque, Technology & Maintenance Council, Dana, Detroit Diesel, Meritor, Transmissions, Axles, Drivelines

July 31, 2014 - Industry News

Meritor Reports Profits for Third Quarter

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

Meritor, ZF Settle Lawsuit Against Eaton for $500 Million

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

Meritor Developing Fuel-Saving Drive Axle

The LogixDrive 17XEVO axle in European trim. It may come to North America in 2015, Meritor says.

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

Meritor Turns Around to a Profit, Raises Expectations

Finances for the truck component maker Meritor have turned around compared to a year ago, with it reporting a small profit.

Tags: Meritor, Earnings

February 21, 2014 - Industry News

Meritor Announces Executive Appointments in Commercial Truck

Meritor announced two executive appointments in its commercial truck and industrial business. Joe Plomin has been named president, international, Europe and Asia Pacific; Chris Villavarayan has been appointed president, Americas, responsible for the company’s North and South America truck, defense and specialty businesses.

Tags: Leadership, Meritor, People

January 29, 2014 - Industry News

Meritor Goes from Quarterly Loss to Profit

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

January 29, 2014 - Industry News

Meritor Continues On Its Journey To Provide Training

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: Meritor, Aftermarket, Technician Training, Brakes, Maintenance, Training, Technicians, HDAW 2014, HDAW

September 22, 2013 - Industry News

Meritor Expands Service at Drivetrain Express Wholesale Outlet in Canada

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

September 13, 2013 - Industry News

Lawmakers, Industry Press for No FET Hikes on Trucks

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

August 9, 2013 - Industry News

Meritor Names Ivor J. Evans Chairman, CEO and President

Ivor J. Evans has been named chairman of the board, chief executive officer and president of Meritor Inc.

The Board of Directors of Meritor Inc. announced that it has named Ivor J. Evans chairman of the board, chief executive officer and president, effective immediately.

Tags: Leadership, Meritor

August 1, 2013 - Industry News

Meritor Reports 3rd Quarter Fiscal Year Sales Down

For the third quarter of fiscal year 2013, Meritor posted sales of $993 million, down 11% from the same period last year. This decrease was primarily due to lower sales in North America, the company's military business and China.

Tags: Meritor, financials

August 1, 2013 - Industry News

Meritor Announces Sale of Brazilian Joint Venture

Meritor Inc. announced that it has completed the sale of its 50% ownership interest in Suspensys Sistemas Automotivos Ltda. to its joint venture partner Randon S.A. Implementos e Participacoes.

Tags: Meritor

July 24, 2013 - Industry News

Meritor Projects Slow, Steady Growth for NAFTA-market Air Disc Brakes

Air disc brakes are not yet the dominant choice for trailer brakes, but market share is increasing.

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 Streamlines Global Air Disc Brake Production for Improved Cost, Quality, Safety

Meritor's Cwmbran, Wales, brake manufacturing plant.

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 Makes Meritor Components Standard Equipment

Vantage Lone Star end dump trailer.

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

May 13, 2013 - Industry News

Meritor's Pedro Ferro to Serve as Heavy Duty Leadership Conference Keynote

Meritor Senior Executive Pedro Ferro will serve as the opening keynote speaker at the University of the Aftermarket’s Heavy Duty Leadership education conference which kicks off on July 21, 2013, at Northwood University’s campus in Midland, Michigan.

Tags: Meritor, Events, Heavy Duty Leadership, University of the Aftermarket

May 6, 2013 - Industry News

Meritor Names Evans Chairman, Interim CEO/President

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 Announces Agreement to Sell Ownership Stake in Brazilian Joint Venture

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

April 30, 2013 - Industry News

Meritor Reports Sales Down 22%

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 Builds 10 Millionth North American-Made Trailer Axle

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 31, 2013 - Industry News

Timothy Bowes Named Transtar CEO

Former Meritor exec, Timothy E Bowes, has joined Transtar Industries Inc. as its Chief Executive Officer.

Tags: TranStar, Meritor, Tim Bowes

January 23, 2013 - Industry News

Fras-le Launches Block Production at Prattville Facility

Fras-le announced that it began production of heavy-duty brake lining at its friction manufacturing facility in Prattville, Ala. earlier this month.

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

Meritor's Drivetrain Direct Expedites Parts to Component Rebuilders

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

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