Meritor Blue Horizon’s new 14Xe all-electric powertrain is now under production and available for sales for medium- and heavy-duty commercial vehicles. The 14Xe ePowertrain is a fully integrated, ...

[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 ...

Cummins on Tuesday morning announced it plans to acquire Meritor – a Troy, Michigan-based supplier of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial ...

To further accelerate the development of electrified power solutions for commercial vehicles, Cummins is acquiring Meritor Inc., a global provider of drivetrain, mobility, braking, aftermarket, and ...

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 ...

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, Tuesday at the North America Commercial Vehicle Show in Atlanta, detailed enhancements to its 14X HE linehaul tandem drive axle, and added two more drive axles to its high-efficiency line of ...

Meritor marked the production of its 10 millionth trailer axle made in North America Wednesday, January 30, at its Frankfort, Ky., manufacturing facility. “This is an important milestone that ...

Meritor (MTOR) came out with quarterly earnings of $1.07 per share, beating the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $0.62 per share a year ago. These figures are ...

On Monday morning, Cummins announced plans to acquire Meritor for $3.7 billion in cash and assumed debt. That's a 48% premium to Meritor's Friday close. Cummins sees the deal as a way to boost its ...

Meritor, Inc. (NYSE: MTOR) announced Wednesday that it has entered into an agreement with an affiliate of The Carlyle Group LP (NASDAQ: CG) to acquire AxleTech for about $175 million in cash. The sale ...

Maybe the Federal Deposit Insurance Corp. is an arm of the government, after all. The FDIC has dropped its appeal of an 18-year-old lawsuit alleging it moved too hastily to close Meritor, a ...