Meritor Axles Now Standard on International® Medium-Duty
Trucks and IC Bus ™ Brand Buses
Navistar (NYSE: NAV) and ArvinMeritor, Inc. (NYSE: ARM)
today announced that under the terms of a new long-term supply
agreement, Meritor axles are now in standard position on International®
medium-duty trucks and IC Bus™ brand school and commercial
buses. Also under the terms of the agreement, ArvinMeritor gains
additional standard axle positions on International’s heavy-duty trucks.
Terms of the agreement were not disclosed.
“In working with ArvinMeritor, we’ve selected a premier axle-brake
supplier — one which has been our standard Class 8 axle-brake supplier
for more than 10 years,” said Jack Allen, president of Navistar’s North
American Truck Group. “We’re confident that our customers will be
extremely pleased with the performance of the Meritor axle. Our
customers can feel comfortable relying on Meritor for drivetrain
specification assistance, rapid response to troubleshooting and quality
after-the-sale support.”
“This agreement represents a natural extension of the long-standing
relationship between Navistar and ArvinMeritor,” added Allen. “Both
companies have aligned business goals focused on satisfying the end-user
with quality products that exceed customer expectations. In addition,
ArvinMeritor is uniquely positioned to support Navistar’s aggressive
growth strategy as it expands globally into new markets with a strong
product portfolio.”
“We are pleased to have the opportunity to expand our relationship with
Navistar,” said Carsten Reinhardt, president of ArvinMeritor’s
Commercial Vehicle Systems business. “With this new agreement, we are
looking forward to supplying Navistar with the most reliable and
technically advanced axles on the market today and will work hard to
meet the expectations of Navistar’s dealers and their customers.”
Effective July 13, 2009, Meritor axles will now be standard equipment on
International medium-duty trucks and IC Bus school buses and medium-duty
trucks, in addition to Class 8 trucks.
ArvinMeritor will continue as Navistar’s supplier on its portfolio of
military applications for programs including Mine Resistant Ambush
Protected (MRAP) vehicles, Tactical Support Vehicles (TSV), Military
Commercial Off the Shelf (MilCOTS) — the first element of Canada’s
Medium Support Vehicle System (MSVS) — and Foreign Military Sales (FMS)
through the U.S.
