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Q4 2009 ArvinMeritor, Inc. Earnings Conference Call (Replay)
11/10/09 at 9:00 a.m. ET
Q4 2009 ArvinMeritor, Inc. Earnings Conference Call
Tuesday, November 10, 2009 9:00 a.m. ET  
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11/10/09ArvinMeritor Reports Fourth-Quarter and Fiscal Year 2009 Results
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... 
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11/10/09ArvinMeritor Announces Executive Appointments
- 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... 
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10/30/09ArvinMeritor Completes Sale of Meritor Suspension Systems Company
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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10/13/09ArvinMeritor Hosts Conference Call and Web Cast to Present Fourth-Quarter and Full-Year Earnings for Fiscal Year 2009
TROY, Mich., Oct. 13 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM) will host a telephone conference call and Web cast to discuss the company's fourth-quarter and full-year results for fiscal year 2009 on Tuesday, Nov. 10, 2009, at 9 a.m. (ET). To participate, call (617) 213-4837 ten minutes prior to the start of the call. Please reference participant pass code 85768695 when dialing in. Investors can also listen to the conference call in real time -- or the recorded ... 
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10/08/09ArvinMeritor Wins Antitrust Lawsuit Against Eaton Corporation
TROY, Mich., Oct. 8 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM) announced today that a jury has ruled in favor of ZF Meritor LLC, a venture between ArvinMeritor and ZF Friedrichshafen AG, and Meritor Transmission Corporation, an ArvinMeritor company, in the companies' antitrust lawsuit against Eaton Corporation (NYSE: ETN). The jury found that Eaton engaged in exclusionary and anticompetitive conduct in the sale and marketing for heavy-duty truck transmissions. The case was tr... 
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09/24/09ArvinMeritor Expands Engineering Expertise with New Technical Center in India
BANGALORE, India, Sept. 24 /PRNewswire-FirstCall/ -- At an event held today in Bangalore, India, ArvinMeritor (NYSE: ARM) officially opened a new technical center which will lead the company's advanced product development initiatives for its broad portfolio of axles and brakes for commercial and other vehicle applications in Asia Pacific, and will support the company's engineering needs in North America, South America and Europe. "Growth in Asia Pacific, particularly India and China, is a... 
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09/23/09ArvinMeritor To Present at Deutsche Bank Leveraged Finance Conference
TROY, Mich., Sept. 23 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM), a Tier One supplier to the global transportation and industry sectors, today announced that Jay Craig, senior vice president and chief financial officer, will participate in the Deutsche Bank Leveraged Finance Conference on Wednesday, Sept. 30, at The Phoenician in Scottsdale, Ariz. A live Webcast of the company's presentation will be available at 7:50 p.m. (ET) on Sept. 30, on the company's We... 
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09/21/09ArvinMeritor Completes Sale of Wheels Business to Iochpe-Maxion S.A.
TROY, Mich., Sep. 21 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM) today announced that it has completed the previously announced sale of its Wheels business - formerly a division of the company's Light Vehicle Systems segment - to Iochpe-Maxion S.A., a Brazilian producer of wheels and frames for commercial vehicles, railway freight cars and castings, for approximately $180 million. The company expects to use the net proceeds of $169 million from the sale to reduce outstandin... 
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09/08/09ArvinMeritor Enters into New, Two-Year U.S. Receivable Securitization Agreement
TROY, Mich., Sept. 8 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM) today announced that the company has entered into a new, two-year U.S. receivables financing arrangement (the "New Facility"). Under the terms of the New Facility, ArvinMeritor's subsidiary, ArvinMeritor Receivables Corporation ("ARC"), will purchase eligible accounts receivable from certain other ArvinMeritor subsidiaries (the "Originators") and will borrow under a credit facility funded by multiple lenders. ... 
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08/10/09ArvinMeritor to Invest in Brazil Operations, Focus on On- and Off-Highway Markets
Company Divests its Wheels Business SAO PAULO, Aug. 10 /PRNewswire/ -- ArvinMeritor Inc.'s (NYSE: ARM) Chairman, CEO and President Chip McClure today announced that the company is committed to remaining a strong and growing manufacturer and supplier in South America. Addressing a group of South American journalists, he said the company is focused on becoming a global commercial vehicle company with expanded leadership in original equipment and aftermarket for... 
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08/07/09ArvinMeritor Appoints Brett Penzkofer Senior Director of Investor Relations
TROY, Mich., Aug. 7 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM) today announced that Brett Penzkofer is named senior director of Investor Relations for the company, effective immediately. In this position, Brett is responsible for global investor strategy, which encompasses developing and communicating ArvinMeritor's financial fundamentals and strategic vision to the company's shareowners and financial constituents. He previously held senior director positions in Global Financ... 
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08/04/09ArvinMeritor Reports Third-Quarter Fiscal Year 2009 Results
--Announces Sale of Wheels Business UnitTROY, Mich., Aug 04, 2009 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) today reported financial results for its third quarter ended June 30, 2009. Highlights -- Cash flow from operations was $99 million compared to $114 million in the same period last year. -- Free cash flow was $73 million compared to $59 million in the same period last year. -- Fully complied with all covenants in its revolv... 
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07/28/09ArvinMeritor Appoints Kevin Nowlan Vice President and Treasurer
Lehmann to Assume Expanded Role Leading the Company's Strategic Initiatives TROY, Mich., July 28 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM) today announced that Kevin Nowlan is appointed vice president and Treasurer, effective immediately. In this role, Nowlan will assume responsibility for the company's global capital market and treasury activities. He will report directly to Jay Craig, senior vice president and chief financial officer. "Kevin brings extensive expe... 
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07/20/09ArvinMeritor Signs Strategic Partnership with Yutong Group Co., Ltd. to Supply Drivetrain Components in China
SHANGHAI, July 20 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM) announced today that it has signed a strategic partnership with Yutong Group Co., Ltd. to supply drivetrain components for buses and coaches in China. "We are proud to partner with Yutong, the largest producer of high-end buses and coaches in the China market," said Tim Bowes, vice president and managing director of Asia Pacific for ArvinMeritor. "We believe this new business will strengthen the existing par... 
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07/08/09ArvinMeritor Hosts Conference Call and Web Cast to Present Fiscal Year 2009 Third-Quarter Earnings
TROY, Mich., July 8 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM) will host a conference call and Web cast to present the company's fiscal year 2009 third-quarter financial results on Tuesday, Aug. 4, 2009, at 9 a.m. (ET). To participate, call (617) 213-4867, ten minutes prior to the start of the call. Please reference pass code 51892323 when dialing in. Investors can also listen to the conference call in real time - or for seven days by recording - by visiting www.arvi... 
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06/29/09ArvinMeritor Divests Additional Light Vehicle Systems Chassis Business
Sells Gabriel Ride Control Products North America Business to OpenGate Capital TROY, Mich., June 29 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM) today announced that it has reached agreement to divest another one of its light vehicle Chassis businesses, bringing the total number of units divested this year to three. The company reached a definitive agreement to sell its Gabriel Ride Control Products North America ("Chassis Ride Control") business to OpenGate Capital, a... 
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06/24/09ArvinMeritor Divests Ownership Stakes in Two Light Vehicle Systems Chassis Businesses
TROY, Mich., Jun 24, 2009 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) today announced that it has reached agreements to divest its entire ownership stakes in two joint ventures in its light vehicle Chassis business. Together, these transactions will result in the divestiture of 45 percent of the Chassis Systems business (as measured by 2008 sales). The company entered into a binding letter of intent to sell its 57 percent stake in Meritor Suspension Systems Company ("MS... 
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06/11/09ArvinMeritor Hybrid Dual-Mode Drivetrain Participates in HTUF Truck Convoy
-- Designed to meet current Class 8 linehaul requirements for payload capacity, performance, and durability -- Dual mode hybrid drivetrain allows extended operation in battery-only zero-emission mode, eliminates idling -- Propelled by an electric motor under 48 mph, transitioning to diesel power at highway speeds WASHINGTON, June 11, 2009 /PRNewswire via COMTEX/ -- ArvinMeritor Inc. (NYSE: ARM) participated in today's hybrid truck 'convoy' to Capitol Hill, sponsored by Hybrid ... 
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06/10/09Hybrid Truck 'Convoy' Comes to Capitol Hill - Includes ArvinMeritor's Hybrid Dual-Mode Drivetrain for Heavy-Duty Trucks
Who: ArvinMeritor, Inc., Troy, Mich., among other companies as members of the Hybrid Truck Users Forum What: Hybrid on the Hill Day includes an impressive, all-day technology showcase of medium- and heavy-duty hybrids When: Thursday, June 11, 2009 Trucks on display from 10 am - 4 pm Briefing / speakers 11 am - 12 pm Where: at the Capitol Reflecting Poo... 
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06/03/09ArvinMeritor Regains Compliance With NYSE's Continued Listing Standards
TROY, Mich., June 3 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM) today announced that on June 1, 2009, the company was notified by the New York Stock Exchange, Inc. ("NYSE") that, based upon modified listing standards adopted by the NYSE, it has regained compliance with the NYSE's continued listing standards. As previously disclosed, the company was notified by the NYSE in March 2009 that it had fallen below the continued listing standard requiring the average market c... 
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05/29/09ArvinMeritor Earns State and National Recognition for Supporting Employees in the Military
Company Selected for Michigan 'Pro Patria' Award; Nominated for National 'Employer Support Freedom Award' TROY, Mich., May 29 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM) has earned the highest level award in Michigan for providing exceptional support to its employees who serve in the U.S. military and is in contention for a similar national award from the U.S. Secretary of Defense. The Michigan Committee for Employer Support of the Guard and Reserve (ESGR) will pr... 
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05/05/09ArvinMeritor Reports Second-Quarter Fiscal Year 2009 Results
TROY, Mich., May 5, 2009 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) today reported financial results for its second fiscal quarter ended March 31, 2009. Quarterly Highlights Sales of $1.1 billion, down approximately $671 million, or 38 percent, from the same period last year (down 32 percent on a constant currency basis). On a GAAP basis, net loss from continuing operations was $52 million or $0.72 per diluted share, compared... 
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04/27/09ArvinMeritor Hosts Conference Call and Web Cast to Present Fiscal Year 2009 Second-Quarter Earnings Report
TROY, Mich., April 27 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM) will host a conference call and Web cast to present the company's fiscal year 2009 second-quarter financial results on Tuesday, May 5, 2009, at 4:30 p.m. (ET). To participate, call (617) 213-4854 ten minutes prior to the start of the call. Please reference pass code 85210970 when dialing in. Investors can also listen to the conference call in real time - or for seven days by recording - by visiting www.... 
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04/22/09ArvinMeritor Recycles 89 Percent of Waste Materials Globally
Also Reducing Greenhouse Gas Emissions, Volatile Organic Compounds, and Water Consumption TROY, Mich., April 22 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM) announced today - as part of its global sustainability platform - that it has increased its recycling rate year-over-year to 89 percent from 83 percent. In 2008, more than 486 million pounds of materials from around the world - including metals, cardboard, wood and paper - were recycled for other applications. ... 
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04/13/09ArvinMeritor Announces Annual Savings of $430 Million as Result of Aggressive Cost-Reduction Actions
TROY, Mich., April 13, 2009 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc. (NYSE: ARM) today announced that it has taken actions since October 2008 which will result in savings of approximately $430 million on an annual basis. "The difficult conditions we continue to experience in our commercial and light vehicle markets has required us to take aggressive steps during the past six months to align our organization to the lower capacity levels," said Chip McClure, chairman, CEO and presi... 
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04/09/09Meritor WABCO Honored by Frost & Sullivan for Innovation and Advancement of the Year Award for its OnGuard(TM) Collision Safety System
TROY, Mich., April 9, 2009 /PRNewswire via COMTEX/ -- Meritor WABCO Vehicle Control Systems has been awarded the prestigious 2009 North American Industry Innovation & Advancement of the Year Award in Class 6-8 truck safety systems by Frost & Sullivan for the joint venture's superior innovation, technological advancement and business performance in developing and marketing the OnGuard(TM) collision safety system. According to Frost & Sullivan, the new product represents a significant safety upgra... 
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03/20/09ArvinMeritor Notified by NYSE of Non-Compliance With a Listing Standard
TROY, Mich., March 20, 2009 /PRNewswire via COMTEX/ -- TROY, Mich., March 20 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM) today announced that on March 17, 2009, the company was notified by the New York Stock Exchange, Inc. (the "NYSE") that it has fallen below NYSE's continued listing standard related to total market capitalization and stockholders' equity. The NYSE requires that the average market capitalization of a listed company not be less than $75 million over a consecutive 30... 
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03/19/09ArvinMeritor Expands Training Opportunities for Truck Operators, Technicians, Dealers and Distributors
LOUISVILLE, Ky., March 19, 2009 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc (NYSE: ARM) today announced a suite of Meritor(R) blended learning(1) programs for 2009 incorporating self-guided online learning, virtual classroom webinars, and on-site instruction. Based on customer feedback, the training programs are designed to provide the broadest possible menu of practical learning experiences for heavy-duty truck operators and technicians, as well as dealers and distributors. The prog... 
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03/19/09ArvinMeritor Introduces Meritor MXL(R) Driveline with 100,000 Miles Lubrication Interval
LOUISVILLE, Ky., March 19, 2009 /PRNewswire-FirstCall via COMTEX/ -- ArvinMeritor, Inc (NYSE: ARM) today introduced the Meritor(R) MXL (Meritor Extended Lube), a new series of greaseable drivelines with 100,000-mile lubrication intervals and a three-year, 300,000-mile warranty in linehaul service. The product was designed for truck operators who seek reduced maintenance costs and a longer warranty. The new driveline - with the same product ratings and application guidelines as the popular Merit... 
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03/05/09Meritor Suspension Systems Company to Close Coil Spring Operations in Milton, Ontario, Canada
MILTON, Canada, March 5 /PRNewswire/ -- Meritor Suspension Systems Company (MSSC), a joint venture between ArvinMeritor, Inc. (NYSE: ARM) and Mitsubishi Steel Manufacturing, announced today that it plans to close its coil spring operations in Milton, Ontario, Canada. The company met with union officials of the Canadian Auto Workers Local 1067 today to discuss the closure plans which will impact all 165 employees. "We are experiencing unprecedented economic pressure within the globa... 
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02/26/09ArvinMeritor Selected as Drivetrain Technology Partner on Two OEM Vehicle Platforms for Major Defense Program
TROY, Mich., Feb. 26 /PRNewswire-FirstCall/ --ArvinMeritor, Inc. (NYSE: ARM) today announced it will be the drivetrain supplier for two of the three prime contractors awarded technology demonstrator contracts for the Joint Light Tactical Vehicle (JLTV) - Lockheed Martin Systems Integration and BAE Systems U.S. Combat Systems. ArvinMeritor has developed advanced technology solutions for the JLTV program that include the Meritor lightweight, high mobility independent suspensions, an... 
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02/25/09ArvinMeritor Proud to Sponsor American Heart Association Campaign
TROY, Mich. Feb. 25 /PRNewswire/ -- ArvinMeritor (NYSE: ARM) today announced that the 2009 Metro Detroit Go Red For Women(R) program chaired by Lin Cummins, senior vice president of Communications for ArvinMeritor, reached a new fundraising record of more than $425,000. "In one of the most challenging economic times in history, I am proud of the support we received from local businesses and individuals to help wipe out heart disease, the number one killer of women today," said Cumm... 
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02/17/09ArvinMeritor Names Christopher Kete Vice President and General Manager of Specialty Products Business Unit
TROY, Mich., Feb. 17 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM) announced today that it has appointed Christopher Kete, vice president and general manager, Specialty Products. In this position, Kete will be responsible for ArvinMeritor's growing Specialty Products business unit, serving the military and defense, off-highway, bus and coach, as well as fire and emergency markets, with industry leading, advanced drivetrain technology. Kete will drive ArvinMeritor's ambitious grow... 
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02/10/09ArvinMeritor Elects Barbara Novak Executive Officer
TROY, Mich., Feb. 10 /PRNewswire-FirstCall/ -- ArvinMeritor Inc. (NYSE: ARM) today announced that the Board of Directors elected Barbara Novak, vice president and secretary, an executive officer of the company, effective Jan. 30, 2009. "Barbara has been an asset to the company since joining us in 2007," said Vernon Baker, II, senior vice president and general counsel for ArvinMeritor. "She brings a great degree of knowledge and insight in general corporate and securities matters, ... 
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02/10/09Breakthrough in Brake Technology: ArvinMeritor Remanufactured Brake Shoes With PlatinumShield(TM) Coating Offers Industry-Best Protection Against Corrosion and Rust-jacking
Resists micro-abrasion which can lead to accelerated corrosion and rust-jacking Three-year, 300,000 mile warranty against rust-jacking ORLANDO, Fla., Feb. 10 /PRNewswire/ -- ArvinMeritor, Inc. (NYSE: ARM) today introduced remanufactured brake shoes with PlatinumShield(TM) coating, which provides superior protection against corrosion and rust-jacking. Remanufactured Meritor shoes with PlatinumShield coating provide a three-year, 300,000 mile warranty against ru... 
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02/09/09ArvinMeritor To Present at Barclays Capital Industrial Select Conference
TROY, Mich. Feb. 9 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM), today announced that Mary Lehmann, senior vice president, Strategic Initiatives, and Treasurer, will participate in the Barclays Capital Industrial Select Conference on Wednesday, Feb. 11, at The Ritz-Carlton in Miami Beach, Florida. A live Web cast of the company's presentation will be available beginning at 11:30 a.m. (ET) on Feb. 11, on the company's Web site at www.arvinmeritor.com. An audio replay wi... 
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02/04/09ArvinMeritor Reports First-Quarter Fiscal Year 2009 Results
TROY, Mich., Feb. 4 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM) today reported financial results for its first fiscal quarter ended Dec. 28, 2008. First-Quarter Highlights -- Sales from continuing operations of $1.4 billion, down $293 million, or 18 percent, from the same period last year (down 11 percent on a constant currency basis). -- On a GAAP basis, net loss from continuing operations was $991 million or $13.71 per diluted share, compared to a net loss ... 
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02/03/09ArvinMeritor Marks 100-Year Heritage of Forward Thinking
TROY, Mich., Feb. 3 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM) today announced its centennial heritage anniversary at the company's annual shareowner meeting which took place at its headquarters in Troy, Mich. on Jan. 30, 2009. The company will commemorate this historic milestone throughout 2009 at events and product exhibitions which will be marked with the launch of several "next generation" products from axles to brakes to hybrid drivetrain applications that offer... 
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02/03/09ArvinMeritor Delivers Hybrid Diesel-Electric Class 8 Truck to Key Partner
- Designed to meet current Class 8 linehaul requirements for payload capacity, performance, and durability - Dual mode hybrid drivetrain allows extended operation in battery-only zero-emission mode, eliminates idling - Propelled by an electric motor under 48 mph, transitioning to diesel power at highway speeds TROY, Mich., Feb. 3 /PRNewswire/ -- ArvinMeritor Inc. (NYSE: ARM) announced today that the company presented Wal-Mart Stores, Inc., Bentonville, Ark., with a pro... 
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01/20/09ArvinMeritor Hosts Conference Call and Web Cast to Present Fiscal Year 2009 First-Quarter Earnings
TROY, Mich., Jan. 20 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM) will host a conference call and Web cast to present the company's fiscal year 2009 first-quarter financial results on Wednesday, Feb. 4, 2009, at 9 a.m. (ET). To participate, call (617) 213-4864, ten minutes prior to the start of the call. Please reference pass code 71784700 when dialing in. Investors can also listen to the conference call in real time - or for seven days by recording - by visiting www.a... 
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01/13/09ArvinMeritor to Present at Auto Analysts of New York Conference
TROY, Mich., Jan. 13 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM) today announced that members of its executive management team will participate in the annual Auto Analysts of New York Conference on Wednesday, Jan. 14 at the MGM Grand in Detroit, Mich. A live web cast of the company's presentation will begin at 2:15 p.m. ET on Jan. 14. Both the web cast and a downloadable version of the presentation will be available on the company's Web site at www.arvinmeritor.com. Th... 
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01/08/09ArvinMeritor Provides Business Update
Update on Status of Sale of Light Vehicle Systems Business Announces Reorganization of Light Vehicle Systems Business Provides Update on 2009 Fiscal Year Financial Reporting TROY, Mich., Jan. 8 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM) today provided an update on the previously announced process to sell its Light Vehicle Systems (LVS) business, the reorganization of LVS, and its 2009 financial reporting. "We are firmly committed to our lo... 
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