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 ...

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 ...

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 ...

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 – Meritor launched a more complete portfolio of aftermarket parts, with brands at different price points, plus a new distribution system and an all-new website designed to simplify and ...

[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 ...

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 ...

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 ...

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 ...

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 ...

To further accelerate the development of electrified power solutions for commercial vehicles, Cummins is acquiring Meritor Inc., a global provider of drivetrain, mobility, braking, aftermarket, and ...

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 ...