Cummins may be all about diesel engines, but the heads of the company know that they need to start looking into electric or electrified powertrains, which is why they want to buy Meritor. This company ...
Meritor, Inc.'s (NYSE:MTOR) price-to-earnings (or "P/E") ratio of 6.5x might make it look like a strong buy right now compared to the market in the United States, where around half of the companies ...
Seeking to strengthen its portfolio of off-highway, defense and aftermarket business, Meritor (NYSE: MTOR) is acquiring AxleTech from the investment firm The Carlyle Group. Meritor will pay ...
Cummins on Tuesday morning announced it plans to acquire Meritor – a Troy, Michigan-based supplier of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial ...
LAS VEGAS — A hefty package of new stuff from Meritor was launched this week at the Heavy-Duty Aftermarket show, so we’ll waste no time getting into it: First up is a new electronic parts ordering ...
Meritor, Inc. announced the U.S. launch of its North America authorized rebuilder program for drive axle carriers, including the company’s 145, 14X TM and 160 products. “These exceptional rebuilders ...
[Stay on top of transportation news: Get TTNews in your inbox.] Meritor Inc. has acquired all the outstanding common shares of Transportation Power Inc., a company focused on developing electrical ...
Meritor Inc. reported higher fiscal year fourth-quarter net income and revenue thanks to higher global truck production. The company once again delivered solid financial performance, Meritor CEO Chris ...
Meritor is expanding its first wholesale aftermarket parts outlet in North America to provide OEM dealers, warehouse distributors and area rebuilders with a complete parts selection and fast delivery ...
Meritor plans to begin production in mid-2021 of its Blue Horizon-branded 14Xe ePowertrain for medium- and heavy-duty commercial vehicles. The company has supply agreements in place with several ...
Meritor is a maker of drivetrain, braking, and powertrain components for the commercial vehicle and industrial markets, a business that complements Cummins' core diesel engine operations well. But as ...
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