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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.
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Why are adoption rates for proven fuel-saving technologies so low? It looks like a classic case of stepping over a dollar to pick up a dime. Maybe “a lack of credible information on payback” means, “we don’t know how much this device will save us so we’re not going to buy it.”
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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.
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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.
Read More →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.
Read More →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.
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Coming up: another “non-event” for brakes? That’s what Phase Two of new federal stopping-distance requirements will be for truck operators, according to people we talked with. Stronger, higher-performance brakes on certain vehicles won’t even cost much more in most cases. But like Phase One two years ago, which was hardly noticed by truckers, Phase Two represents a lot of work for brake makers and truck builders.
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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.
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World-class brakes don't happen by accident. Meritor has invested millions of dollars in its air disc brake research and development program at its Cwmbran Wales manufacturing facility. Engineers gather data from 14 testing clusters to reveal areas for potential improvement. The in-lab testing is validated by field testing. The result is an air brake that deployed around the globe is dozens of different applications. Here's a glimpse of some of the testing Meritor employs. - Photos by Equipment Editor Jim Park
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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.
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