The stock of Meritor (NYSE:MTOR, 30-year Financials) shows every sign of being significantly overvalued, according to GuruFocus Value calculation. GuruFocus Value is GuruFocus' estimate of the fair ...
Meritor Inc. (NYSE: MTOR) is buying the rest of electric systems supplier Transportation Power Inc. that it did not already own, planning to offer integrated electric powertrains for medium- and heavy ...
Profits at Cummins Inc. rose to $720 million in the second quarter of 2023, or diluted earnings per share of $5.05, from $702 million, or $4.94, in the year-ago period on the back of a jump in sales, ...
[Stay on top of transportation news: Get TTNews in your inbox.] Meritor Inc. has acquired all the outstanding common shares of Transportation Power Inc., a company focused on developing electrical ...
Meritor, Inc. announced the U.S. launch of its North America authorized rebuilder program for drive axle carriers, including the company’s 145, 14X TM and 160 products. “These exceptional rebuilders ...
LAS VEGAS — A hefty package of new stuff from Meritor was launched this week at the Heavy-Duty Aftermarket show, so we’ll waste no time getting into it: First up is a new electronic parts ordering ...
Meritor is expanding its first wholesale aftermarket parts outlet in North America to provide OEM dealers, warehouse distributors and area rebuilders with a complete parts selection and fast delivery ...
Meritor is the latest truck component company to embrace electrification, announcing Friday a strategic investment in TransPower, a leader in electrification technologies for large commercial vehicles ...
Meritor is a maker of drivetrain, braking, and powertrain components for the commercial vehicle and industrial markets, a business that complements Cummins' core diesel engine operations well. But as ...
Cummins may be all about diesel engines, but the heads of the company know that they need to start looking into electric or electrified powertrains, which is why they want to buy Meritor. This company ...
Shares of Meritor Inc. rocketed 43.3% in premarket trading Tuesday, after the commercial truck and industrial equipment maker announced an agreement to be acquired by Cummins Inc. in a cash deal ...
Meritor plans to begin production in mid-2021 of its Blue Horizon-branded 14Xe ePowertrain for medium- and heavy-duty commercial vehicles. The company has supply agreements in place with several ...