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2018 News Releases
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Q2 2018 Meritor, Inc. Earnings Conference Call (Live)
05/03/18 at 9:00 a.m. ET
Q2 2018 Meritor, Inc. Earnings Conference Call
Thursday, May 3, 2018 9:00 a.m. ET  
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04/09/18Meritor Hosts Conference Call and Webcast to Present Fiscal Year 2018 Second-Quarter Results
TROY, Mich., April 9, 2018 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) will host a conference call and webcast to discuss the company's second-quarter results for fiscal year 2018 on Thursday, May 3 at 9 a.m. ET. To participate, call (844) 412-1003 (within the United States) or (216) 562-0450 (international) at least 10 minutes prior to the start of the call. Please reference conference ID 6496728 when registering. Investors can also listen to the conference call in real time or access a recor... 
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04/03/18Meritor Announces its Authorized Carrier Rebuilders in Canada now Listed on TruckDown.com
TROY, Mich., April 3, 2018 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced its authorized drive axle carrier rebuilders in Canada are listed on TruckDown.com's locator map to help end-users with a breakdown quickly identify the nearest dealer or wholesale distributor stocking the replacement parts. Capital Gear, Coast Powertrain, Ltd., ULT Powertrain and The Gear Centre and their combined 24 locations across Canada are the first in a network of companies in Meritor's North America... 
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03/29/18Meritor, Inc. Announces Conversion Option for 7.875% Convertible Senior Notes Due 2026
TROY, Mich., March 29, 2018 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced that it is notifying holders of its 7.875% Convertible Senior Notes due 2026 (the "Notes") that they are entitled to convert all or a portion of their Notes at any time beginning April 2, 2018 and prior to the close of business on June 29, 2018 at a rate of 83.3333 shares of common stock per $1,000 principal amount at maturity of the Notes (representing a conversion price of approximately $12.00 per share). Th... 
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03/12/18Meritor Announces Executive Appointments
TROY, Mich., March 12, 2018 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced a number of executive appointments, effective immediately. "The changes we are announcing today will further align our resources and strengthen our ability to drive strong operational execution, achieve our strategic objectives and capitalize on our significant growth opportunities around the world," said Jay Craig, CEO and president. "These appointments bring additional expertise to various areas of the b... 
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03/06/18Meritor® Earns HDT's Top 20 Product Award for 14X™ HE (High Efficiency) Tandem Drive Axle
TROY, Mich., March 6, 2018 /PRNewswire/ -- Meritor® (NYSE: MTOR)  announced today it has earned Heavy Duty Trucking (HDT) magazine's 2018 Top 20 Product Award for its 14X™ HE high efficiency tandem drive axle. The award honors the most innovative and significant new products that address industry issues and help fleets improve their bottom line, according to Deborah Lockridge, HDT editor-in-chief. HDT announced the awards at the Technology and Maintenance Council's 2018 Annual Meeting & Trans... 
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03/05/18Meritor® Announces EX+™ L Air Disc Brakes as Standard for Freightliner New Cascadia® Trucks
TROY, Mich., March 5, 2018 /PRNewswire/ -- Meritor® (NYSE: MTOR) announced today that EX+ L air disc brakes will be standard on all wheel positions for Daimler Trucks North America's (DTNA) Freightliner new Cascadia model to further enhance safety and performance beginning in the second quarter of 2018. "We are proud to continue to be the preferred braking solution for Daimler Trucks North America," said T.J. Reed, vice president, Front Drivetrain for Meritor. "The leading performance of Meri... 
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02/08/18Meritor® Announces its P600 Tridem is the Only Axle Ranked in OEM Off-Highway Magazine's Top 10 New Products of 2017
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... 
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02/06/18Meritor® Announces New Line of High-Quality Gear Sets for Aftermarket
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 Inter-axle differe... 
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01/31/18Meritor Reports First-Quarter Fiscal Year 2018 Results
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. First-Quarter Highlights 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. ... 
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01/23/18Meritor® Announces Highly Competitive and Complete King Pin Portfolio
TROY, Mich., Jan. 23, 2018 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced the expansion of its king pin kits to include new offerings in its Meritor® Genuine and Mach™ product lines. The additional kits round out the overall portfolio, meeting multiple price point requirements while covering 95 percent of the market for ream and no-ream applications. "This expansion allows us to offer king pin kits for virtually every commercial vehicle on the road," said Krishna Natarajan, senior... 
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01/23/18Meritor® Announces New Lineup of Aftermarket Brands for Every Stage of Vehicle Lifecycle
TROY, Mich., Jan. 23, 2018 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced it will offer a more complete product portfolio with distinct aftermarket brands that includes multiple price points designed to meet customer requirements regardless of the vehicle lifecycle stage. "Meritor's  comprehensive portfolio delivers the right parts, performance and price for each life stage of trucks, trailers and buses, offering quality products to lower fleets' total cost of operation," said Bre... 
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01/23/18Meritor® Launches Aftermarket Air Spring Product Line
TROY, Mich., Jan. 23, 2018 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced the launch of Meritor-branded air springs to cover a wide range of commercial vehicle applications. "Meritor air springs are built to exacting Meritor quality and reliability specifications at a competitive price point as we continue to focus on enhancing our service to customers by delivering comprehensive aftermarket solutions," said Krishna Natarajan, senior director, Steering, Suspension and Drivetrain f... 
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01/18/18Meritor Realigns Operating Segments to Drive Long-Term Strategic Objectives
TROY, Mich., Jan. 18, 2018 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced a realignment of its operating segments to further drive its long-term strategic objectives while also assigning new responsibilities as part of Meritor's commitment to leadership development. This realignment is effective immediately and includes the following appointments: Joseph Plomin has been appointed senior vice president and president, Aftermarket & Trailer and Quality. Since January 2014, he se... 
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01/09/18Meritor Launches Authorized Rebuilder Program for Axle Carriers
Four Authorized Rebuilders now Cover Canada Market; U.S. Rebuilders to be Named in 2018 TROY, Mich., Jan. 9, 2018 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced the launch of its North America Authorized Rebuilder Program for drive axle carriers, including the company's 145, 14X ™ and 160 products. As part of the launch, four Canadian companies − Capital Gear, Coast Powertrain, Ltd., ULT Powertrain and The Gear Centre − become the first in a network of authorized rebuilder members... 
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01/08/18Meritor Hosts Conference Call and Webcast to Present Fiscal Year 2018 First-Quarter Results
TROY, Mich., Jan. 8, 2018 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) will host a conference call and webcast to discuss the company's first-quarter results for fiscal year 2018 on Wednesday, Jan. 31 at 10 a.m. ET. To participate, call (844) 412-1003 at least 10 minutes prior to the start of the call. Please reference passcode 1049079 when registering. Investors can also listen to the conference call in real time or access a recording of the call for seven days after the event by visiting the ... 
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