Meritor News Updates

Business

Meritor Wabco鈥檚 Collision Mitigation System Available for Medium-Duty Trucks

An automatic collision mitigation system used on heavy-duty trucks for years is now available for medium-duty trucks.

September 8, 2015
Business

Meritor Wabco Offers Automatic Trailer Lift Axle Control System

Meritor Wabco has introduced a new technology designed to manage trailer lift axles and reduce operating costs.

February 17, 2015
Business

Meritor Forms Repair Shop Network, Posts 1Q Gain in Net Income

LAS VEGAS 鈥 Meritor Inc. said it鈥檚 creating a new network of approved repair shops with independent service garages.

January 28, 2015
Business

Remembering Mike Pennington

Longtime trucking industry figure Mike Pennington passed away suddenly on Dec. 5. He was 64.

December 8, 2014
Business

Meritor Posts Fiscal 3Q Profit

Truck component supplier Meritor Inc. reported net income of $234 million, or 2.31 per share, in its fiscal third quarter ended June 30, reversing a loss of $38 million, or 39 cents, in the same period last year.

July 31, 2014
Business

Meritor Promotes Jay Craig to President, Chief Operating Officer

Meritor Inc. said it has promoted Jay Craig to president and chief operating officer from senior vice president and chief financial officer, effective June 9.

June 10, 2014
Business

Meritor Reports Higher 4Q Earnings

Truck component maker Meritor Inc. said its fiscal fourth-quarter earnings jumped from a year ago in part on the sale of its stake in Suspensys Sistemas Automotivos.

November 13, 2013
Business

Meritor Names Evans Chairman, CEO

Meritor Inc. named Ivor 鈥淚ke鈥 Evans its chairman and CEO, effective immediately.

August 12, 2013
Business

Meritor Removes McClure; Names Evans Chairman, CEO

Charles 鈥淐hip鈥 McClure Jr. was removed last week as chairman and CEO of truck components maker Meritor Inc., and the board of directors selected Ivor 鈥淚ke鈥 Evans to succeed him.

May 13, 2013
Business

Meritor to Take $15 Million to $25 Million Charge, Eliminate 200 Jobs

Meritor Inc. said Tuesday that it expects to take a charge against earnings of $15 million to $25 million and eliminate about 200 salaried employees.

January 8, 2013

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