American auto parts maker ArvinMeritor recently announced its financial report for the fourth quarter (July-September) of fiscal year 2010 and the entire fiscal year. ArvinMeritor ’s fourth-quarter operating income was US $ 956 million, a year-on-year increase of 37.2%. According to the company, the increase in operating income was due to the increase in demand for passenger cars in the European and American markets. In fiscal 2010, operating income reached $3.59 billion. The company’s revenue from its commercial vehicle division grew by 68.3% in the fourth quarter to US$547 million, and its 2010 operating income totaled US $ 1.96 billion. The company achieved a profit of 2 million U.S. dollars in the fourth quarter and a loss of 14 million U.S. dollars in the same period of 2009. In FY10, the company’s net profit was US$12 million, compared to a loss of nearly US$1.2 billion in the same period of 2009. Multi Pass Wire Cut EDM Machine Multi Pass Wire Cut Edm Machine,Cnc Edm Machine,Cnc Wedm Machine,Cnc Wire Cut Edm Machine,Multi Pass Molybdenum Wire Cut Edm Machine,Multi-Cut Molybdenum Wire Cut Edm Machine Qingdao Jiujin Machinery Co., Ltd , https://www.jiuinmachinery.com