Meritor First Quarter Sales Down Slightly, Income Nearly Triples
Meritor, Inc. (NYSE: MTOR), a leading global supplier of drivetrain, mobility, braking and aftermarket solutions for commercial vehicle and industrial markets, has announced that first quarter sales were $879 million, down $21 million, or 2 percent, from the same period last year. Net income attributable to Meritor on a GAAP basis was $29 million, compared […]