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...But the buyer now is Iochpe-Maxion, the Brazilian wheel and chassis maker, on a repeat foray into the region having snapped up the wheel manufacturing division of Michigan-based ArvinMeritor for $180m in...
...Dana and ArvinMeritor, two US-based axle and chassis makers, have projected double-digit margins on the back of their restructuring and improved volumes....
...services committee, told the Detroit News that the demise of any of the carmakers would endanger parts makers that also supply the US military, such as Detroit Diesel, a heavy-engine manufacturer, and ArvinMeritor...
...chief financial officer Peter D’Aloia; former Pillsbury chief executive John Lilly; former Dun & Bradstreet chief executive and chairman Allan Loren; former Lockheed general counsel William Vinson; former ArvinMeritor...
...ArvinMeritor opened an office in Moscow this month and is thinking of building a plant in Russia. Several North American suppliers have set up joint ventures with Russian truckmakers....
...Chip McClure, chief executive of ArvinMeritor, a big Michigan-based parts supplier, also underlined the urgent need for healthcare reform....
...Meanwhile, ArvinMeritor, the car parts supplier, issued a lower fiscal fourth-quarter outlook due to a weak commercial vehicle sector. The stock slid 3.1 per cent to at $16.22....
...Last year, Eaton, a rival of ArvinMeritor, said it had developed a prototype heavy duty truck that has improved fuel efficiency by 5-7 per cent....
...That is the strategy for ArvinMeritor, the Michigan-based auto parts supplier, Chip McClure, chairman and chief executive, told shareholders at the annual meeting last month....
...ArvinMeritor said earlier this month that it would cut 1,850 jobs, or 6 per cent of its workforce, under a plan to close or merge 11 plants....
...Speculation that ArvinMeritor was also considering a sale of its aftermarket unit has also been rife, with private equity groups seen as the most likely buyers....
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