Lagging North American heavy-truck and automobile production is forcing ArvinMeritor Inc. to slash 1,500 jobs, or about 4% of its 36,500-member workforce. The Troy, MI-based supplier announced the move last week along with a 56% drop in fiscal fourth quarter earnings but declined to comment on where or when the cuts will occur. ArvinMeritor, like many auto parts makers, has struggled in recent months due to falling demand for replacement parts and Ford Motor Co.'s reduced production ...
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