Meritor Announces Investment in TransPower to Accelerate Electrical Vehicle Platforms

Meritor

TROY, Mich., Dec. 2017 — Meritor, Inc. (NYSE: MTOR) today announced a strategic investment in TransPower, a leader in electrification technologies for large commercial vehicles. Terms of the transaction were not disclosed. California-based TransPower supplies integrated drive systems, full electric truck solutions and energy-storage subsystems to major manufacturers of trucks, school buses, refuse vehicles […]

Meritor® Launches Driveshaft on Demand Program

Meritor Drivelines

TROY, Mich., Nov. 2017 — Meritor, Inc. (NYSE: MTOR) announced Driveshaft on Demand, a quick and economical replacement program for Meritor Xtended Lube MXL™ and Permalube™ RPL drivelines as well as Spicer® 10 Series and SPL® 170/250 driveshafts. Original equipment dealers and warehouse distributors can order replacement or customizable driveshafts at competitive prices with same-day or […]

Meritor Reports Fourth-Quarter and Fiscal Year 2017 Results

Meritor

Fourth Quarter Revenue Increases Approximately 27 Percent Year Over Year TROY, Mich., Nov. 15, 2017 — Meritor, Inc. (NYSE:MTOR) today reported financial results for its fourth quarter and full fiscal year ended Sept. 30, 2017. Fourth-Quarter Highlights Sales were $922 million. Net income attributable to Meritor and net income from continuing operations attributable to Meritor […]

Meritor Names Rodger L. Boehm to its Board of Directors

Meritor

TROY, Mich., Nov. 2017 — The Board of Directors of Meritor, Inc. (NYSE: MTOR) announced that it has appointed Rodger L. Boehm to the Board of Directors as a Class III director with a term expiring at the 2018 annual meeting of shareholders. His appointment is effective as of Dec. 1, 2017. Boehm has led client service […]

Meritor® Announces New West Coast Aftermarket Distribution Center

Meritor Aftermarket

TROY, Mich., Oct. 23, 2017 — Meritor, Inc. (NYSE: MTOR)  today announced the opening of its West Coast Aftermarket Distribution Center in Santa Fe Springs, California to fulfill aftermarket orders from warehouse distributors and dealers in 13 states. “As part of our ongoing efforts to exceed customer expectations, the new center will simplify business transactions for […]