In an attempt to reduce costs and expand operating margins, Troy, MI-based Meritor Automotive Inc. announces a restructuring plan that will cost 300 workers their jobs. The supplier will consolidate selected facilities in North America and Europe. Meritor says it will shut down a European sunroof-manufacturing plant, but will decide on other facilities within two weeks. Meritor, which employs 18,000 globally, expects these actions initially to cost the company $28 million ($17 million ...

Premium Content (PAID Subscription Required)

"Printer-friendly" 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- andheavy-duty truck volumes
•Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622

Current subscribers, please login or CLICK for support information.

Already registered? here.