Beginning early in 2015, Meritor will launch a portfolio of products that supports trucking industry demand for fuel economy through downspeeding of engines. Meritor will offer a 2.28 ratio on its 14X tandem for 6×4 linehaul applications and a 2.31 ratio on its new FUELite+ tandem for the 6×2 market. These fast axle ratios can be integrated with the soon-to-be[Read More…]
Meritor, Inc., has reported financial results for its third fiscal quarter ended June 30, 2014. Third-Quarter Highlights Sales were $986 million, down $7 million from the same period last year. Net income on a GAAP basis was $234 million, compared to a net loss of $38 million, in the same period last year. Net income included $209 million from the antitrust[Read More…]
Meritor, Inc. has announced that ZF Meritor LLC, a joint venture between a Meritor, Inc. subsidiary and ZF Friedrichshafen AG, and Meritor Transmission Corporation have reached a settlement agreement with Eaton Corporation relating to the antitrust lawsuit filed in 2006. Under the terms of the agreement, Eaton has agreed to pay $500 million to ZF Meritor LLC. Meritor will receive[Read More…]
Meritor WABCO introduced fuel-saving electronic air processing technology to the North American truck market recently at the 2014 Mid-America Trucking Show (MATS) in Louisville, Ky. This breakthrough connectivity technology combines innovative System Saver™ 1200 Plus air dryer technology with electronic fuel-saving software stored in Meritor WABCO’s anti-lock braking system. Integration of these advanced technologies with the new connectivity solution reduces[Read More…]
