ArvinMeritor, Inc. (ArvinMeritor) is a global supplier of a range of integrated systems, modules and components to original equipment manufacturers (OEMs) and the aftermarket for the commercial vehicle, transportation and industrial sectors. Its principal products are axles, undercarriages, drivelines, brakes and braking systems, and roofs and door systems. ArvinMeritor designs, develops, manufactures, markets, distributes, sells, services and supports a range of products for use in the transportation and industrial sectors. It operates in four segments: Commercial Truck segment, Industrial segment, Aftermarket & Trailer segment and Light Vehicle Systems (LVS) segment. On June 5, 2009, the Company sold its 51% interest in Gabriel de Venezuela to its joint venture partner. On September 21, 2009, the Company completed the sale of its wheels business. On October 30, 2009, the Company sold its 57% owned joint venture Meritor Suspension Systems Company (MSSC).
Quick Financial Synopsis
BRIEF: For the nine months ended 30 June 2009, ArvinMeritor, Inc.'s revenues decreased 36% to $3.28B. Net loss from continuing operations totaled $1.02B vs. an income of $79M. Revenues reflect a decrease in sales from Commercial Vehicle Systems and Light Vehicle Systems. Net loss also reflects higher restructuring expenses, the presence of asset impairment expenses and the presence of asset impairment charges.
Company Address
ArvinMeritor, Inc.
2135 West Maple Road Troy MI 48084
P: +1248.4351000 F: +1248.4351393