TROY, Mich., May 3, 2022 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today reported financial results for its second fiscal quarter that ended March 31, 2022. Second-Quarter Highlights Sales of $1,154 million Net income attributable to Meritor of $62 million and net income from continuing operations attributable to Meritor of $61 million Diluted earnings per share from… Continue reading Meritor Reports Second-Quarter Fiscal Year 2022 Results
Author: Meritor Online
Meritor To Release Fiscal Year 2022 Second-Quarter Earnings Results
TROY, Mich., April 19, 2022 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) will release the company’s second-quarter results for fiscal year 2022 on Tuesday, May 3, 2022. Due to the pending acquisition proposal from Cummins, Inc., Meritor will not host a conference call. The company will file its standard financial results press release. The release will be… Continue reading Meritor To Release Fiscal Year 2022 Second-Quarter Earnings Results
Meritor Reports First-Quarter Fiscal Year 2022 Results
TROY, Mich., Feb. 3, 2022 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today reported financial results for its first fiscal quarter that ended December 31, 2021. First-Quarter Highlights Sales of $984 million Net income attributable to Meritor and net income from continuing operations attributable to Meritor of $54 million Diluted earnings per share from continuing operations of… Continue reading Meritor Reports First-Quarter Fiscal Year 2022 Results
Meritor to Host Strategy Day December 7, 2021
TROY, Mich., Dec. 7, 2021 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) will host its Strategy Day today Dec. 7, 2021 at 10 a.m. ET. The event will be virtual and webcast from Meritor’s studio at its headquarters in Troy, Mich. Upon conclusion of the program, a live question and answer session will take place. Meritor… Continue reading Meritor to Host Strategy Day December 7, 2021
Meritor Selected by Daimler Trucks North America to Supply 14Xe™ ePowertrain for Next Generation School Bus
TROY, Mich., Dec. 7, 2021 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today announced it will provide its Blue Horizon™ 14Xe™ integrated ePowertrain for the next generation all-electric Saf-T-Liner® C2 Jouley® school bus from Thomas Built Buses (TBB). This is Meritor’s first electric vehicle production award with a Daimler Trucks North America (DTNA) brand. The intended… Continue reading Meritor Selected by Daimler Trucks North America to Supply 14Xe™ ePowertrain for Next Generation School Bus
Meritor Awarded Daimler China Business to Supply Heavy Duty On-Highway Axles
TROY, Mich., Dec. 7, 2021 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today announced that it has entered into a supply agreement with Beijing Foton Daimler Automotive Co. Ltd. (BFDA), Daimler Truck’s joint venture in China. With this deal, Meritor will produce a custom version of long haul tandem and single rear-drive axles for Daimler’s heavy-duty on-highway tractors,… Continue reading Meritor Awarded Daimler China Business to Supply Heavy Duty On-Highway Axles
Meritor Reports Fourth-Quarter and Fiscal Year 2021 Results
TROY, Mich., Nov. 17, 2021 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today announced financial results for its fourth quarter and full fiscal year ending September 30, 2021. Fourth-Quarter Highlights Sales were $945 million Net income attributable to Meritor and net income from continuing operations attributable to Meritor were $62 million and $63 million, respectively Diluted earnings… Continue reading Meritor Reports Fourth-Quarter and Fiscal Year 2021 Results
Meritor Reports Third-Quarter Fiscal Year 2021 Results
TROY, Mich., Aug. 4, 2021 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today reported financial results for its third fiscal quarter that ended June 30, 2021. Third-Quarter Highlights Sales of $1,016 million Net income attributable to Meritor and net income from continuing operations attributable to Meritor of $42 million Diluted earnings per share from continuing operations of $0.58… Continue reading Meritor Reports Third-Quarter Fiscal Year 2021 Results
Meritor Selected by Hyliion to Supply Blue Horizon Electrification Technology for New Hypertruck ERX™ Launch
TROY, Mich., Aug. 4, 2021 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today announced it will provide electric drivetrain sub-systems for Hyliion’s Hypertruck ERX™ electrified powertrain for Class 8 trucks. Hyliion’s powertrain system will feature Meritor’s Blue Horizon™ 14Xe™ ePowertrain integrated drive axles as the standard position propulsion and regeneration hardware on Hyliion vehicle upfits. Hypertruck ERX… Continue reading Meritor Selected by Hyliion to Supply Blue Horizon Electrification Technology for New Hypertruck ERX™ Launch
Meritor Announces Investment in SEA Electric
TROY, Mich., Aug. 3, 2021 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today announced an equity investment in SEA Electric Holdings Pty Ltd. (“SEA Electric”), a global leader in commercial electric vehicles for urban delivery and logistics. With global headquarters in Los Angeles, SEA Electric currently partners with commercial vehicle OEMs, dealers, operators and upfitters to deliver a range… Continue reading Meritor Announces Investment in SEA Electric