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ArvinMeritor Targets Improved Return on Invested Capital

TROY, Mich., April 14 -- ArvinMeritor, Inc. today announced that the company is targeting to improve return on invested capital (ROIC) to between 13 percent and 15 percent within the next three to five years. The company's ROIC has fallen from the high teens five years ago to 8.5 percent in 2002. Declining profits as a result of weak markets caused the decrease. The information was part of ArvinMeritor's presentation to the Morgan Stanley Global Automotive Conference held today in New York City, which included an overview of the company, as well as a discussion of its strategies and investment strengths.

"We have consistently outperformed most of our peers in return on invested capital, because of our strong focus on both profits and asset control," said Larry Yost, ArvinMeritor chairman and CEO. "We are committed to this target and have a well-defined plan in place to achieve our goal."

ArvinMeritor, Inc. is a premier $7-billion global supplier of a broad range of integrated systems, modules and components to the motor vehicle industry. The company serves light vehicle, commercial truck, trailer and specialty original equipment manufacturers and related aftermarkets. In addition, ArvinMeritor is a leader in coil coating applications. The company is headquartered in Troy, Mich., and employs 32,000 people at more than 150 manufacturing facilities in 27 countries. 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: www.arvinmeritor.com .

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