ArvinMeritor Expects Strong Financial Performance in 2Q

ArvinMeritor, Inc. announced today that operational improvements and Performance Plus savings in the second quarter of fiscal year 2008 are overcoming adverse market conditions in North America. As a result, the company expects to report quarterly results that are significantly better than the first quarter of fiscal year 2008 and the same period a year ago -- subject to any unusual events that may occur prior to the closing of the quarter, such as an unfavorable resolution of a current legal and commercial dispute with a light vehicle customer. Specific factors driving the anticipated improvement ...

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