Meritor Awarded Daimler China Business to Supply Heavy Duty On-Highway Axles
TROY, Mich., Dec. 7, 2021 /PRNewswire/ --Meritor, Inc. (NYSE: MTOR) today announced that it has entered into a supply agreement with Beijing Foton Daimler Automotive Co. Ltd. (BFDA), Daimler Truck'sjoint venture in China.
- TROY, Mich., Dec. 7, 2021 /PRNewswire/ --Meritor, Inc. (NYSE: MTOR) today announced that it has entered into a supply agreement with Beijing Foton Daimler Automotive Co. Ltd. (BFDA), Daimler Truck'sjoint venture in China.
- "Meritor's expertise in reliable, high quality and fuel-efficient axles enables usto offer customers, like Daimler, solutions that specificallymeettheir needs."
- Meritor axles produced as part of this agreementwill be mounted on the new heavy-duty Mercedes-Benz tractors specifically manufactured for the China market.
- "We will locally produce Mercedes-Benz heavy-duty tractors, made in China for China.