US: Meritor closes sale of Brazilian joint venture
Meritor has completed the sale of its 50% ownership interest in Suspensys Sistemas Automotivos to its joint venture partner Randon SA Implementos e Participacoes.
Meritor has completed the sale of its 50% ownership interest in Suspensys Sistemas Automotivos to its joint venture partner Randon SA Implementos e Participacoes.
The purchase price at closing was US$195m in cash and other consideration.
Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Continental has secured the Window Displays Innovation Awardin the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.
