Tuesday, December 30, 2014

Will Cheap Gas, Car Sales Drive Meritor Stock Higher?



Investor's Business Daily - Investing RSS http://feedproxy.google.com/~r/InvestingRss/~3/iK3HW6ophyE/123014-732627-cheap-gas-car-sales-drive-meritor.htm Automakers and car part makers are poised to benefit as lower fuel prices drive U.S. car sales to their highest level in nearly a decade. Cars.com predicted Monday that December auto sales will jump 11% year over year to 1.5 million, an eight-year peak. And the auto website says sales could rise further next year to 17.1 million units from an expected 16.5 million this year. Meritor (MTOR), a maker of integrated systems and components for the


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