TopNews

Meritor Opts Out Of FleetWorks.com

April 14, 2000

SHARING TOOLS        | Print Subscribe
Meritor Automotive announced Friday it will not go forward with its participation in the recently announced FleetWorks.com.

According to Meritor Chairman and Chief Executive, Larry D. Yost, "Complete neutrality is key to the success of any vertical exchange concept. As an industry supplier and majority partner, appropriate neutrality in this case could not be reached, based on the broad industry feedback that we've received since FleetWorks.com was announced. As such, Meritor has decided not to participate in this venture."
The venture, announced several weeks ago, was supposed to function as an open electronic marketplace for commercial truck aftermarket parts and services as an independent entity from Meritor.

Comment On This Story

Name:  
Email:  
Comment: (Maximum 2000 characters)  
Leave this field empty:
* Please note that every comment is moderated.

Newsletter

We offer e-newsletters that deliver targeted news and information for the entire fleet industry.



GotQuestions?

LUBRICANTS

The expert, Mark Betner from Citgo will answer your questions
Ask a question

Sponsored by

Magazine