TROY, Mich., (Dec. 8,
2008) — ArvinMeritor, Inc. (NYSE:ARM)
will host a conference call and web cast of its Analyst Day on Tuesday, Dec. 9,
2008, from 8:30 to 11:30 a.m. (ET) at The Waldorf=Astoria in New York City.
Several members of ArvinMeritor’s executive team will present to investors and analysts including:
·
Chip McClure, chairman, CEO and president
·
Jay Craig, senior vice president and
chief financial officer
·
Carsten Reinhardt, president,
Commercial Vehicle Systems
·
Mary Lehmann, senior vice president,
Strategic Initiatives, and Treasurer
Specifically,
the team will provide a detailed overview of its commercial vehicle and wheels
businesses and discuss actions it is taking to mitigate the effects of the
current economic environment.
Investment community professionals who would like to attend the
conference in New York
should contact Lisa Bricker in Investor Relations at investor.relations@arvinmeritor.com
or by phone at (248) 435-1545.
If you plan to participate in the conference by phone, dial (866)
770-7129 (within the United States),
or (617) 213-8067 (from outside the United States) 10 minutes prior to
the start of the call. Please reference Passcode
#56441366 when dialing in. Investors can also listen to the conference call in
real time by visiting the Investors section of the company’s web site at http://www.arvinmeritor.com.
A replay of the call will be available until midnight on Dec. 12 by calling
(888) 286-8010 (within the United States)
or (617) 801-6888 (from outside the United States). The replay Passcode is #74125139. Presentation slides will be
available 30 minutes prior to the web cast on the Presentations page of the
Investors section of ArvinMeritor’s web site at http://www.arvinmeritor.com.
About ArvinMeritor
ArvinMeritor, Inc. is a premier
global supplier of a broad range of integrated systems, modules and components
to the motor vehicle industry. The company serves commercial truck, trailer and
specialty original equipment manufacturers and certain aftermarkets,
and light vehicle manufacturers. ArvinMeritor common stock is traded on the New
York Stock Exchange under the ticker symbol ARM. For more information, visit
the company's Web site at: http://www.arvinmeritor.com/.
Forward-Looking Statements
This
press release contains statements relating to future results of the company (including
certain projections and business trends) that are “forward-looking
statements” as defined in the Private Securities Litigation Reform Act of
1995. Forward-looking statements are typically identified by words or
phrases such as “believe,” “expect,”
“anticipate,” “estimate,” “should,”
“are likely to be,” “will” and similar
expressions. There are risks and uncertainties relating to the planned
separation of ArvinMeritor’s LVS business, including the timing and
certainty of completion of any transaction, the terms upon which any purchase
and sale agreement may be entered into and whether closing conditions (some of
which may not be within the company’s control) will be met. In addition,
actual results may differ materially from those projected as a result of
certain risks and uncertainties, including but not limited to global economic
and market cycles and conditions, including the recent global economic crisis;
the demand for commercial, specialty and light vehicles for which the company
supplies products; risks inherent in operating abroad (including foreign
currency exchange rates and potential disruption of production and supply due
to terrorist attacks or acts of aggression); whether our liquidity will be
affected by declining vehicle production volumes in the future; availability
and sharply rising cost of raw materials, including steel and oil; OEM program
delays; demand for and market acceptance of new and existing products;
successful development of new products; reliance on major OEM customers; labor
relations of the company, its suppliers and customers, including potential
disruptions in supply of parts to our facilities or demand for our products due
to work stoppages; the financial condition of the company’s suppliers and
customers, including potential bankruptcies; possible adverse effects of any
future suspension of normal trade credit terms by our suppliers; potential
difficulties competing with companies that have avoided their existing
contracts in bankruptcy and reorganization proceedings; successful integration
of acquired or merged businesses; the ability to achieve the expected annual
savings and synergies from past and future business combinations and the
ability to achieve the expected benefits of restructuring actions; success and timing
of potential divestitures; potential impairment of long-lived assets, including
goodwill; potential adjustment of the value of deferred tax assets; competitive
product and pricing pressures; the amount of the company’s debt; the
ability of the company to continue to comply with covenants in its financing
agreements; the ability of the company to access capital markets; credit
ratings of the company’s debt; the outcome of existing and any future
legal proceedings, including any litigation with respect to environmental or
asbestos-related matters; the outcome of actual and potential product liability
and warranty and recall claims; rising costs of pension and other
post-retirement benefits and possible changes in pension and other accounting
rules; as well as other risks and uncertainties, including but not limited to
those detailed from time to time in filings of the company with the SEC. These
forward-looking statements are made only as of the date hereof, and the company
undertakes no obligation to update or revise the forward-looking statements,
whether as a result of new information, future events or otherwise, except as
otherwise required by law.
All earnings per share amounts are on a diluted basis. The company's fiscal
year ends on the Sunday nearest Sept. 30, and its fiscal quarters end on the
Sundays nearest Dec. 31, March 31 and June 30. All year and quarter references
relate to the company's fiscal year and fiscal quarters, unless otherwise
stated.
CONTACTS: Investor Inquiries
Terry Huch
(248) 435-9426
terry.huch@arvinmeritor.com
Media Inquiries
Krista Sohm
(248) 435-7115
krista.sohm@arvinmeritor.com