Meritor
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…
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…
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…
Meritor acquires TransPower
Meritor has announced that it has acquired all the outstanding common shares of Transportation Power Inc. Terms of the transaction were…
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…
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…
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…
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…
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…