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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.
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Truck component makers Meritor and Eaton have reached a settlement agreement relating to an antitrust lawsuit filed in 2006.
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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.
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Meritor is original equipment supplier to many of the biggest truck makers and sponsors of the FIA European Truck Racing series. Many of the race trucks over the last few seasons have featured the Meritor 145 race axle, which is made at the plant here in Cameri, Italy. Because the first FIA race of the season takes place at the Misano World Circuit on Italy’s Adriatic coast, just a short drive from Cameri, Meritor held a family day at the plant for the workers and their families to come out and see the race trucks and meet the drivers.
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Two new axle ratios are available from Meritor, optimized to meet trucking's demand for improved fuel efficiency. Lower axle ratios promote downspeeding for optimum fuel efficiency.
Read More →Meritor Inc. announced a master distribution agreement with TSE Brakes, Inc. to distribute TSE’s OmniBrake and UltraLife air spring brake chambers to North American customers, effective immediately.
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From collision avoidance to cameras, from rollover prevention to analytics, technology is rapidly changing the safety landscape.
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Ever wonder exactly how the parts you order get to you when you need them where you need them? Meritor recently invited Heavy Duty Trucking to its Florence, Ky., Parts Distribution Center.
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Ever wonder exactly how the parts you order get to you when you need them where you need them? Aftermarket Editor Denise Rondini recently visited Meritor's Florence, Ky., Parts Distribution Center. It handles 27 different product lines comprising 161,000 parts numbers. Each day 30 to 40 truckloads of parts and components arrive at the facility. An equal number of trucks leave the PDC each day carrying parts to dealers and independent parts distributors.
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Finances for the truck component maker Meritor have turned around compared to a year ago, with it reporting a small profit.
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