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.
TROY, Mich., Feb. 8, 2018 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced its P600 tridem planetary axle ranked as one of OEM Off-Highway magazine's Top 10 New Products of 2017, surpassing almost 5,000 products and services from more than 1,800 global companies listed in the magazine's Component Directory. The P600 is the only axle to reach the magazine's top 10 in 2017.
"Customers are clearly benefitting from the P600's strength, multiple layers of configurability, low-cost servic...
TROY, Mich., Feb. 6, 2018 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced a new line of high-quality gear sets at aftermarket prices for Meritor 145 and 160 series axles.
The new line, built to Meritor product specifications and validated through extensive axle dynamometer testing to ensure better gear mesh, smooth operation and durability, includes:
Ring gear and drive pinion sets
Main differential sets with differential pinions and side gears
Revenue Grows 29 Percent Year Over Year On Strong Markets and New Business
TROY, Mich., Jan. 31, 2018 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today reported financial results for its first fiscal quarter ended Dec. 31, 2017.
Sales of $903 million.
Net loss attributable to the company of $36 million and net loss from continuing operations attributable to the company of $35 million.
Diluted loss per share from continuing operations of $0.40.