Fuel/Emissions
ArvinMeritor sells emissions systems unit to focus on core markets
TROY, Mich. -- Just a few months after boosting its marketshare in the commercial vehicle emissions solutions industry, ArvinMeritor has signed a definitive agreement to sell its Emissions Technologies business group to New York-based equity investment firm One Equity Partners (OEP) for about $310 million.
SPECIAL REPORT: Volvo’s Ready for Future Fuels
BRUSSELS, Belgium -- Volvo is ready to build and sell, at 24 months' notice, diesel-engined trucks that run on any of seven different renewable liquid and gaseous fuels that won't produce a net gain of harmful carbon dioxide in the atmosphere after being manufactured, distributed, and burned.