CHICAGO, April 23 (Reuters) - Automotive parts supplier ArvinMeritor Inc. said on Friday its quarterly earnings rose, helped by a gain from the sale of a joint venture stake.
The maker of axles, brakes, and exhaust and suspension systems said its fiscal second-quarter net income rose to $41 million, or 59 cents a share, from $24 million, or 36 cents a share, a year ago.