ArvinMeritor is divesting its entire ownership stakes in two joint ventures in its light vehicle Chassis business. Combined, the sale will result in the divestiture of 45% of the Chassis Systems business (as measured by 2008 sales).
The supplier has entered into a binding letter of intent to sell its 57% …
This article is available only to members of Automotive World. If you are already a member, please login to your account.
Membership starts at just $2.18 per day for access to all Articles, eMagazines, and Webinars.