Author: Meritor Online

Meritor Reports Second-Quarter Fiscal Year 2021 Results

TROY, Mich., May 4, 2021 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today reported financial results for its second fiscal quarter that ended March 31, 2021. Second-Quarter Highlights Sales of $983 million Net income attributable to Meritor and net income from continuing operations attributable to Meritor of $63 million Diluted earnings per share from continuing operations of $0.86… Continue reading Meritor Reports Second-Quarter Fiscal Year 2021 Results

Meritor Selected by Hexagon Purus to Supply Electric Powertrains

TROY, Mich., May 4, 2021 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today announced it will be collaborating with Hexagon Purus, a global leader in zero emission e-mobility. The companies will work together to integrate Meritor’s Blue Horizon™ 14Xe™ integrated ePowertrain into Hexagon Purus’ contracted projects that include Class 6, Class 7 trucks and Class 8 (6×4)… Continue reading Meritor Selected by Hexagon Purus to Supply Electric Powertrains

Meritor South Carolina Facility Produces Its One Millionth Air Disc Brake for Commercial Vehicles

YORK, S.C., April 29, 2021 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today announced that its York, South Carolina manufacturing facility has produced its one millionth air disc brake, contributing to Meritor’s production of more than 10 million air disc brakes worldwide since 1981. Meritor offers a full line-up of hydraulic and air disc brakes for… Continue reading Meritor South Carolina Facility Produces Its One Millionth Air Disc Brake for Commercial Vehicles

Meritor Consortium Awarded £15.9 Million toward £31.9 Million Project to Develop United Kingdom’s Low Carbon Capability

TROY, Mich., March 26, 2021 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today announced that it is the recipient of the Advanced Propulsion Centre’s (APC) Core Competition Program in the UK to partially fund the design and development of Meritor’s 17Xe™ electric powertrain system for heavy-duty electric trucks and buses equipped with a single drive axle. Meritor,… Continue reading Meritor Consortium Awarded £15.9 Million toward £31.9 Million Project to Develop United Kingdom’s Low Carbon Capability