LAS VEGAS, Nev. — Meritor introduced during Heavy-Duty Aftermarket Week new and updated products designed to improve safety and efficiency. Among them was a new line of Meritor-branded aftermarket ...

Shares of Meritor Inc. rocketed 43.3% in premarket trading Tuesday, after the commercial truck and industrial equipment maker announced an agreement to be acquired by Cummins Inc. in a cash deal ...

[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 ...

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 ...

Meritor Blue Horizon’s new 14Xe all-electric powertrain is now under production and available for sales for medium- and heavy-duty commercial vehicles. The 14Xe ePowertrain is a fully integrated, ...

Meritor, Inc. (NYSE: MTOR) announced Wednesday that it has entered into an agreement with an affiliate of The Carlyle Group LP (NASDAQ: CG) to acquire AxleTech for about $175 million in cash. The sale ...

Meritor, Tuesday at the North America Commercial Vehicle Show in Atlanta, detailed enhancements to its 14X HE linehaul tandem drive axle, and added two more drive axles to its high-efficiency line of ...

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 ...

COLUMBUS, Ind — For the first time since finalizing the acquisition of Meritor, Inc. last month, Cummins Inc. (NYSE: CMI) will showcase Meritor’s 17Xe ePowertrain assembled with a Cummins battery ...

On Monday morning, Cummins announced plans to acquire Meritor for $3.7 billion in cash and assumed debt. That's a 48% premium to Meritor's Friday close. Cummins sees the deal as a way to boost its ...

Meritor Inc. announced Jay Craig, CEO and president, will transition to the role of executive chairman of the board of directors on Feb. 28, 2021. Chris Villavarayan, executive vice president and ...

Meritor marked the production of its 10 millionth trailer axle made in North America Wednesday, January 30, at its Frankfort, Ky., manufacturing facility. “This is an important milestone that ...