US: Meritor downgrades Q2 earnings estimates

Meritor has announced that it is downgrading earnings estimates for the quarter ending 31 March 2011 – Q2 of the company's fiscal year 2011 – citing the impact of rising steel prices and greater than anticipated Caiman launch costs. The Meritor ProTech High Mobility Independent Suspensions (HMIS) is standard on Subscribe to Automotive World to … Continued

• By Webmaster
• March 31, 2011