ArvinMeritor focuses on maintaining market leadership positions. Those positions drive consistent top-line growth, which, along with process excellence, allows the company to achieve aggressive financial goals. These goals drive superior performance and build shareowner value.
Sees Improving Conditions in Global MarketsTROY, Mich., Nov 10, 2009 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) today reported financial results for its fourth quarter and full fiscal year ended Sept. 30, 2009.
Fourth-Quarter Highlights
-- Fourth-quarter sales were $984 million, approximately a four percent
increase from the third quarter of fiscal year 2009; down from $1.5
billion in the fourth quarter of fiscal year 2008.
-- On a GAAP...
- Reinhardt Appointed Senior Vice President and Chief Operating Officer- Bowes and Mejaly Appointed Executive OfficersTROY, Mich., Nov 10, 2009 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) today announced that the board of directors has elected Carsten Reinhardt to the position of senior vice president and chief operating officer (COO). Also elected executive officers of ArvinMeritor are Tim Bowes, appointed vice president and president, Industrial, and Joe Mejaly, named v...
TROY, Mich., Oct. 30 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM) announced today that it has completed the sale of its 57-percent stake in the Meritor Suspension Systems Company (MSSC) joint venture to Mitsubishi Steel Mfg., LTD (MSM) for approximately $13 million, which included a $12 million cash dividend received by ArvinMeritor in the third quarter.
"The completion of this transaction is another milestone toward ArvinMeritor focusing primarily on supplying advanced produ...
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Inquiries by investment professionals should be directed to:
Investor Relations
2135 W. Maple Road
Troy, MI 48084
Tel: (866) INFO-ARM or (866) 463-6276
Fax: (248) 435-1189
E-mail: investor.relations@arvinmeritor.com