US: Meritor’s Q2 results reflect CV market rebound

Meritor has announced revenue of US$1,192m in the three months ended 31 March 2011 – Q2 of the company's current fiscal year 2011 – up US$324m, or 37.3% from the US$868m reported in Q2 FY2010. This increase in revenue was primarily due to stronger truck demand in the Americas and Subscribe to Automotive World to … Continued

• By Webmaster
• May 4, 2011