CHICAGO, April 23 (Reuters) - Auto parts maker ArvinMeritor Inc. on Wednesday said its quarterly profit fell, hurt by weak demand, higher steel costs and pricing pressures. ArvinMeritor, whose products include suspension systems and replacement parts, said it earned $24 million, or 36 cents a share, in its fiscal second quarter ended March 31. That's down from $35 million, or 52 cents a share, in the same period a year ago. Analysts had expected 34 cents a share in the latest quarter, ...
Premium Content (PAID Subscription Required)
"ArvinMeritor quarterly profit declines" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.