Seeking to strengthen its portfolio of off-highway, defense and aftermarket business, Meritor (NYSE: MTOR) is acquiring AxleTech from the investment firm The Carlyle Group. Meritor will pay ...

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 ...

[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 ...

COLUMBUS, Ind — For the first time since finalizing the acquisition of Meritor, Inc. last month, Cummins Inc. (NYSE: CMI) will showcase Meritor’s 17Xe ePowertrain assembled with a Cummins battery ...

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, 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 ...

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 made a series of announcements at Heavy Duty Aftermarket Week in Las Vegas, including launching an aftermarket air spring line, expanding king pin kit offerings, and providing a ...

Meritor, Inc.MTOR entered a strategic supply agreement with The Manitowoc Company, Inc. to provide drivetrain products. Manitowoc, a leading provider of cranes and lifting solutions, will use ...

[Stay on top of transportation news: Get TTNews in your inbox.] LAS VEGAS — Meritor Inc. said it’s creating a new network of approved repair shops with independent service garages. Meritor made the ...