Investment Thesis
The economic shutdown of "non-essential" activities and the workplace at-home quarantining puts a hurt on commuting vehicle demand while accelerating the "essential" nature of transportation's delivery role. That puts trucks in the demand "passing lane".
Meritor, Inc. (MTOR) is a stand-out supplier and prefabber to the truck manufacturers. And they have demonstrated an ability to bring profits down from the increased demand, an ability not widespread in an industry dominated by big corporate presences.
Ford Motor Company (F) also stands to benefit from the truck emphasis, and it apparently