Meritor’s Fiscal 1Q Loss Widens

John P. Sommers II for TT

Truck components maker Meritor Inc. said Thursday it lost $22 million, or 23 cents per share, in its fiscal first quarter, compared with a net loss of $2 million, or 3 cents, a year ago.

February 2, 2012
Business, Government

ISM Manufacturing Index Hits 7-Month High

January U.S. manufacturing activity rose to the highest level since June, the Institute for Supply Management said Wednesday.

February 1, 2012

Daimler to Add 1,200 Jobs at N.C. Plants in Recovery

MIAMI BEACH, Fla. — With its Class 8 truck order book overflowing and all signs pointing to a continuing market recovery, Daimler Trucks North America said it will add a second shift to its primary U.S. production facility, creating 1,200 new jobs.

January 16, 2012

ISM Manufacturing Index Hits 6-Month High

December U.S. manufacturing activity rose to the highest level since June, the Institute for Supply Management said Tuesday.

January 3, 2012

Meritor Sells French Axle Operation to Renault Trucks

Truck components maker Meritor Inc. said Monday it sold the assets of its axle manufacturing operation in Saint Priest, France, to Renault Trucks SAS. Terms were not disclosed.

January 3, 2012

Navistar's 4Q Profit Jumps; OEM Reports Shortage of Castings

Profit surged at truck and engine maker Navistar International Corp. during the fiscal fourth quarter as its three main divisions — trucks, engines and parts — all posted stronger results.

January 2, 2012

Chicago Manufacturing Index Slips

An index of manufacturing activity in the Chicago area dipped in December but showed continued expansion, the Institute for Supply Management-Chicago said Thursday.

December 29, 2011

All Truck Makers Offer Own Engines; 13-Liter Models Grow in Market Share

This year was the first in which all truck manufacturers had their “vertical integration” model up and running, offering trucks with their own engines — the same way cars are sold.

December 19, 2011
Business, Government

New York Manufacturing Index Jumps

Manufacturing activity in the New York region expanded in December to the highest level in seven months, the Federal Reserve Bank of New York said Thursday.

December 15, 2011

Dana, Eaton Agree to Drop Roadranger Joint Venture

Truck component manufacturers Dana Holding Corp. and Eaton Corp. will drop their 13-year Roadranger joint marketing venture next year in a separation initiated by Dana, the two Ohio-based companies said last week.

December 12, 2011