ArvinMeritor quarterly earnings rise


TROY, Mich., Jan 21 (Reuters) - Automotive parts maker ArvinMeritor Inc. on Tuesday said its quarterly profit rose, helped by cost cuts and strong domestic vehicle production. The company, which makes suspension systems and other products for cars and commercial trucks, said first-quarter net income rose to $32 million, or 47 cents a share, compared with a year-earlier loss of $31 million, or 47 cents, after a charge. Sales rose to $1.71 billion to $1.57 billion. ArvinMeritor was ...

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