Company's Vehicle Stability Strategy Benefits From 100-Year Gabriel HeritageTROY, Mich., March 5, 2007 /PRNewswire via COMTEX News Network/ -- ArvinMeritor, Inc. (NYSE: ARM)
announced today its commitment to develop its global ride control businesses
as an integral part of the company's overall vehicle stability strategy. This
will involve the integration of design, manufacturing and distribution of
light-, medium- and heavy-duty original equipment and replacement shock
absorbers and struts. The new organization will also include the 100-year old
Gabriel light vehicle aftermarket business previously held in discontinued
"As previously announced with our decision to sell the Emissions
Technologies business, ArvinMeritor continues to sharpen its focus on core
competencies which include chassis, drivetrain and aperture systems," said
Chairman, CEO and President Charles G. "Chip" McClure. "By combining and
leveraging our current ride control engineering, supply base and global
operations we're uniquely positioned to develop advanced vehicle stability
solutions that our diverse original equipment and aftermarket customers will
The newly-combined Ride Control business will report into the company's
Light Vehicle Systems (LVS) business group. It will include LVS Ride Control,
Gabriel de Venezuela, Gabriel de Colombia, Gabriel India, Gabriel Light
Vehicle Aftermarket in North America and Europe, and Commercial Vehicle
Systems Ride Control including recreational and industrial applications.
ArvinMeritor LVS President, Phil Martens added, "ArvinMeritor is also
implementing an aggressive strategy in Asia which includes responding to an
overwhelming demand for ride control capabilities. The proceeds from the
Emissions Technologies sale will increase our ability to invest in the
research and technology that will further enhance our ability to serve our
global OEM and aftermarket customer needs."
ArvinMeritor, Inc. is a premier global supplier of a broad range of
integrated systems, modules and components to the motor vehicle industry. The
company serves light vehicle, commercial truck, trailer and specialty original
equipment manufacturers and certain aftermarkets from more than 110
manufacturing facilities globally. Headquartered in Troy, Mich., ArvinMeritor
employs approximately 27,500 people in 26 countries. ArvinMeritor common stock
is traded on the New York Stock Exchange under the ticker symbol ARM. For more
information, visit the company's Web site at: http://www.arvinmeritor.com/.
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SOURCE ArvinMeritor, Inc.
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