Meritor, Inc. focuses on maintaining market leadership positions. Those positions drive consistent top-line growth, which, along with process excellence, allows the company to achieve aggressive financial goals. These goals drive superior performance and build shareowner value.
Improves Adjusted EBITDA Margin by 100 Basis Points Year Over Year; Announces Seven-Year Agreement with PACCAR
TROY, Mich., Jan. 28, 2015 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today reported financial results for its first fiscal quarter ended Dec. 31, 2014.
Sales were $879 million, down $21 million, or 2 percent, from the same period last year.
Net income attributable to Meritor on a GAAP basis was $29 million, compared to $11 million a year ago. Ea...
LAS VEGAS, Jan. 27, 2015 /PRNewswire/ -- Meritor WABCO is offering special promotional pricing of $249 for TOOLBOX™ 11.2, the commercial vehicle industry's leading diagnostics and troubleshooting software, to aftermarket customers at Heavy Duty Aftermarket Week '15 (HDAW) Jan. 26 through Jan. 29 at The Mirage.
"Customers using TOOLBOX benefit from accurate troubleshooting and reduced vehicle downtime," said Carsten Duevell, senior director, Vehicle Control Systems for Meritor WABCO. "We desig...
Product Portfolio Now Tops 2,000 In-Stock Parts
LAS VEGAS, Jan. 27, 2015 /PRNewswire/ -- Meritor Inc. (NYSE: MTOR) announced at Heavy Duty Aftermarket Week '15 (HDAW) it is carrying on its 75-year tradition as a trusted and reliable brand by expanding its Euclid-branded suspension product line, adding 200 new parts to its portfolio of more than 2,000 in-stock parts.
"Euclid has been an invaluable part of the heavy-duty aftermarket for 75 years, and the expanded suspension line continues o...
LAS VEGAS, Jan. 27, 2015 /PRNewswire/ -- Meritor Inc. (NYSE: MTOR) announced at Heavy Duty Aftermarket Week '15 (HDAW) the expansion of its air disc brake (ADB) product line and introduced updated parts catalogs to support rising market demand.
The expansion includes more than 150 part numbers for genuine Meritor ADB systems, such as the ADB1560, DX and EX+ models and over 130 Meritor AllFit™ part numbers covering brakes made by other manufacturers.
"As more vehicles are equipped with air ...