TROY, Mich. — A panel of ArvinMeritor, Inc. Commercial Vehicle Systems executives reported how the company has adapted to meet the heavy-duty trucking industry and its strategies for the future.

The panel offered detailed accounts of the company’s efforts to stave off the effects of the recent economic slump, while continuing to add new and efficient products to its drivetrain portfolio.

Tom Gosnell, president of the Commercial Vehicle Systems and Commercial Vehicle Aftermarket commented on the current economic slump in the North American trucking industry, and noted, “The worst is behind us.”

He anticipates there will be a surge of business that will run out through the end of the year, followed by a gradual recovery through 2003.

He added the company continues to enjoy a strong commercial vehicle aftermarket business. “We have 22 major aftermarket product lines,” says Gosnell.

Gosnell summarized the panel discussion by saying the company is going to remain focused on deploying and transforming its culture into a lean
manufacturing environment, and will remain committed to driving down costs, and retaining quality.

“Our continuing mantra is to focus on serving and delighting customers,
worldwide,” says Gosnell.