Apr 29, 2008 | Automotive
ArvinMeritor Reports Higher Profits for Second-Quarter Fiscal Year 2008
“Initiatives driven through Performance Plus, including lean improvements in our global manufacturing operations, are helping us put in place a solid foundation for continued earnings growth.”
Highlights for Second-Quarter Fiscal Year 2008 -- Sales of $1.8 billion - approximately $150 million higher than the same period last year primarily due to the effects of changes in foreign currency. via Automotive
Apr 29, 2008 | Market Watch
ARM pretax profit down 4% but tops forecasts
“We remain cautious in the short term given the uncertainty in both the semiconductor industry and the wider macroeconomic environment”
Microchip designer ARM Holdings said first-quarter pretax profit slipped 4% to 12.2 million pounds, with revenue up 2% to 67.9 million pounds . via Market Watch
ArvinMeritor's General Counsel Receives Recognition for Professional Accomplishments
Baker was nominated for his expertise in managing all legal aspects of mergers, divestitures, and joint ventures -- including his recent management of the sales of two ArvinMeritor business units. via Automotive
At ArvinMeritor There's More Than One Way to Go Green
In an effort to minimize adverse environmental impacts from ArvinMeritor's manufacturing operations, the company recycled 72 percent of the solid waste it generated globally in 2007 -- which equals ... via Automotive
ARM Enhances Feature Set of Popular Cortex-M3 Processor for Extreme Low-Power Functionality
“We welcome the additional low-power features and configurability provided by the new Cortex-M3 processor release”
The latest release includes a new Wake-Up Interrupt controller which allows almost instantaneous return to fully active mode from an Ultra-Low Leakage retention state and introduces enhanced power management ... via Design And Reuse
ArvinMeritor Talks About Trends
During the Mid-America Trucking Show, executives from ArvinMeritor Commercial Vehicle Systems executives reviewed industry trends and market developments, from why military business is good for fleets to saving ... via Heavy Duty Trucking
ArvinMeritor Adds Lining Wear Sensor To Brakes
ArvinMeritor has added a new lining wear sensor and stamped spider design for 16.5" x 5" front brakes. via Heavy Duty Trucking
Steven Bieda Named Chairman of MotorCities National Heritage Area
“It's in my blood. MotorCities' charter of preserving and promoting the industry's heritage is right in line with my own interests in doing the same thing. I'm thrilled to be part of the effort and look forward to helping MotorCities tell the story.”
The Honorable Steven Bieda, State Representative from Michigan's 25th district, has been elected Chairman of the Board of Directors for MotorCities National Heritage Area for the 2008 term. via The Auto Channel
AxleTech acquires brake supplier
“I like the people, and it seemed like the right time.”
AxleTech International, a fast-growing manufacturer of axles for heavy-duty trucks, on Friday completed the acquisition of Truck Trailer Transit, which makes brakes for buses and military vehicles. via Detroit Free Press
TCS bags deal from ArvinMeritor
NEW DELHI: Tata Consultancy Services on Monday said that it has signed a five-year multi-million dollar contract with ArvinMeritor, a global supplier of integrated systems and components to the automobile ... via The Hindu