11th December 2007 - ArvinMeritor Expands its Remanufacturing Operations Through Acquisition of Canadian-Based Mascot Truck Parts Ltd

ArvinMeritor has entered into an agreement to acquire Mascot Truck Parts Ltd., a major remanufacturer of transmissions, drive axle carriers, steering gears and drivelines, based in Mississauga, Ontario, Canada. Terms of the acquisition were not disclosed.

Mascot's 170 full-time employees, six remanufacturing locations, and current customer base will become part of the ArvinMeritor team. Mascot enjoys a strong customer satisfaction level with its loyal customers in Canada and the United States.

"This expansion of our remanufacturing business makes sense for our customers and aligns with our business strategy to grow the aftermarket business," said Carsten Reinhardt, president of ArvinMeritor's Commercial Vehicle Systems business. "Mascot has a similar passion for providing its customers with high-quality, dependable, remanufactured components - all of which complement the ArvinMeritor remanufacturing model."

"Our reputation for quality, customer service, wholesale-only distribution, and extensive product knowledge are considerable assets that we have developed for many years. We believe this arrangement between ArvinMeritor and Mascot will offer the market products and services unmatched by our competition," said Glenn Hanthorn, president of Mascot.

Mascot's six Canadian remanufacturing locations - including three in Mississauga, Ontario; and one each in Edmonton, Alberta; Moncton, New Brunswick; and Boucherville, Quebec - as well as its network of logistic centers across North America that provides customers with immediate availability of remanufactured products - will become integral to ArvinMeritor's remanufacturing business.

ArvinMeritor established its axle carrier remanufacturing operation in 1982 at its Florence, Ky., national parts distribution center, and has since moved that operation into a major remanufacturing center that now includes brake shoes, transmissions and trailer axles, with 275,000 sq. ft. and 220 employees in Plainfield, Ind.

In late 2006, ArvinMeritor reached two major remanufacturing milestones with production of its 10 millionth brake shoe and 50,000th axle differential carrier produced for North American customers.

About Mascot Truck Parts Ltd.

With over seven decades of experience, Mascot Truck Parts Ltd. is a long term player in the Heavy Duty industry. Founded in 1936, it has evolved into one of the largest heavy duty specialists in North America, applying its expertise to rebuilding all makes of transmissions, differentials, and steering gears. Using only the highest quality components, Mascot's technical experts, world class call center and knowledgeable sales staff are devoted to providing superior quality, service, and support in every product sold. Currently, these products are available from more than 20 facilities in Canada and the U.S., allowing expedient delivery of quality products and service across North America.

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. Headquartered in Troy, Mich., ArvinMeritor employs approximately 18,000 people in 23 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: 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" and similar expressions. 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; 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); availability and 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; rising costs of pension and other postretirement benefits and possible changes in pension and other accounting rules; as well as other risks and uncertainties, including but not limited to those detailed herein and from time to time in other 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.

Source: ArvinMeritor Press Release