UPDATE 1-ArvinMeritor profit up on demand for truck parts

Newswire

(Adds earnings details, background) CHICAGO, April 23 (Reuters) - Automotive parts supplier ArvinMeritor Inc. said on Friday its quarterly earnings rose, on stronger demand for commercial truck parts in North America and 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. Results in the latest ...

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