ArvinMeritor Divests Additional Light Vehicle Systems Chassis Business

Sells Gabriel Ride Control Products North America Business to OpenGate Capital

TROY, Mich., June 29 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. (NYSE: ARM)
today announced that it has reached agreement to divest another one of its
light vehicle Chassis businesses, bringing the total number of units divested
this year to three. The company reached a definitive agreement to sell its
Gabriel Ride Control Products North America ("Chassis Ride Control") business
to OpenGate Capital, a private equity firm.

The company noted that the sale of the U.S. portion of Gabriel Ride Control
Products North America has been completed. The closing of the transaction for
the subsidiary in Mexico will be completed once the license agreements and
pending permits have been finalized, which the company expects will occur
within two months. During the time that final approvals are in process, the
business will continue to serve its customers and operate as usual.

The sale of ArvinMeritor's Gabriel Ride Control Products North America
business, along with the divestitures of Meritor Suspension Systems Company
("MSSC") and Gabriel de Venezuela that were announced last week, largely
complete the divestiture of Chassis Systems.

Chairman, CEO and President Chip McClure said, "The sale of another one of our
Chassis businesses is further evidence that we are able to execute our
strategy to refocus the company on the commercial vehicle business even in a
difficult environment. Selling the Gabriel Ride Control Products North
America business, combined with the divestitures of MSSC and Gabriel de
Venezuela, better positions us to achieve our long-term strategic objective to
concentrate on the commercial vehicle on- and off-highway market segments for
both original equipment manufacturers and aftermarket customers."

With the sale of Gabriel Ride Control Products North America, the company has
now divested 87 percent of its Chassis operations based on 2008 value-added
sales (72 percent of total sales, including $117 million of pass-through
sales).

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
marks its centennial anniversary in 2009, celebrating a long history of
'forward thinking.' 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.

About OpenGate Capital
OpenGate Capital is an opportunistic private equity firm that acquires
controlling interests in businesses with solid fundamentals that exhibit
opportunities for operational improvements and growth. Established in 2005,
OpenGate Capital has a global footprint with headquarters in Los Angeles,
California and a principal office in Paris, France. OpenGate's seasoned team
of M&A and operating professionals are experts in acquiring, operating and
building successful companies. The partners of OpenGate have executed over 50
transactions worldwide ranging from corporate divestitures, turnaround
acquisitions, industry consolidations and other special situations investments
across a wide array of industries and geographical markets.

For more information on OpenGate Capital, please visit our website at
www.opengatecapital.com.

Forward-Looking Statements
This press release contains statements 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
associated with the planned sale of the Chassis businesses, including the
timing and certainty of completion and the terms of the transactions. 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; whether our liquidity will continue to be affected by
declining vehicle production volumes in the future; the financial condition of
the company's suppliers and customers, including bankruptcies and potential
bankruptcies; possible adverse effects of any future suspension of normal
trade credit terms by our suppliers; 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 demand
for commercial, specialty and light vehicles for which the company supplies
products; timing and certainty as to completion and terms of any dispositions
of the Body Systems and Chassis businesses of ArvinMeritor's LVS business;
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 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; 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 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.

(Logo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )

SOURCE ArvinMeritor, Inc.

Media Inquiries, Lin Cummins, +1-248-435-7112, linda.cummins@arvinmeritor.com;
Investor Inquiries, Terry Huch, +1-248-435-9426, terry.huch@arvinmeritor.com