Meritor Q4 net profit plunges $42m
Meritor announced lower sales and net profit in its financial results for its fourth quarter and full fiscal year ending…
Meritor
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COVID-19 hits Meritor Q2 results
Heavy truck component supplier Meritor said sales fell 25% year on year to US$871m in its second fiscal quarter ended…
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Meritor appoints Chris Villavarayan as COO
Meritor has appointed Chris Villavarayan as EVP and chief operating officer (COO), effective immediately. Villavarayan has served as senior vice…
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Meritor acquires TransPower
Meritor has announced that it has acquired all the outstanding common shares of Transportation Power Inc. Terms of the transaction were…
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Meritor invests in TransPower EV commercial vehicles solutions
Meritor has unveiled an undisclosed investment in TransPower, an electrification technology company for large commercial vehicles. California-based TransPower supplies integrated drive systems, full…
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Wabco acquires Meritor’s stake in joint venture
Wabco Holdings has completed the transaction to purchase Meritor's stake in the Meritor Wabco joint venture and take full ownership…
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Wabco to buy out Meritor joint venture
Wabco Holdings said it would take full ownership of the Meritor Wabco joint venture and has signed an agreement to…
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Meritor records Q3 net income up 17% to US$48m
Meritor has posted third-quarter net income attributable to the company up 17% to US$48m, with sales of US$920m, mainly driven…
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UQM/Meritor to jointly develop Electric Axle systems
UQM Technologies has inked an agreement with Meritor, with the latter company developing integrated axle components for E-axle technology. The…
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Meritor Q2 2016 operating income shrinks a little
Meritor announced second fiscal quarter (to 31 March 2016) sales of US$821m, down 5% year on year. Operating income was $33m…