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
August 9, 2013 - Industry News
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
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
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.
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
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
May 13, 2013 - Industry News
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, University of the Aftermarket
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
Former Meritor exec, Timothy E Bowes, has joined Transtar Industries Inc. as its Chief Executive Officer.
Tags: TranStar, Meritor
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: 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
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: 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
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: 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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