DETROIT, July 29 (Reuters) - Car and truck parts maker ArvinMeritor Inc posted a quarterly profit on Tuesday, as stronger demand in Europe, Asia and South America offset a steep industry downturn in the United States. ArvinMeritor reported a profit of $44 million, or 60 cents per share, for its fiscal third quarter that ended June 30, compared with a loss of $70 million, or 99 cents per share, a year earlier. ArvinMeritor reported earnings of 77 cents per share excluding one-time items. ...
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