Truck component maker Meritor Inc. has named Ivor Evans the company’s chairman and interim CEO, replacing Chip McClure, who is leaving the company.

Two component makers reported lower first-quarter results compared with the same period last year.

Meritor Inc. reported a loss for its second fiscal quarter, and the truck component maker said it plans to sell 50% of a joint venture in Brazil.

Dana Holding Corp. said Thursday its first-quarter profit declined from a year ago, on lower demand from the North American commercial vehicle market.

Accuride Corp. reported a first-quarter loss but said that Class 8 vehicle orders and production are showing signs of improvement.

Accuride Corp. posted a $156.5 million fourth-quarter loss, citing a charge related to its Gunite division.

Component supplier Commercial Vehicle Group said Friday that CEO Mervin Dunn will retire this year but will remain in the post until a successor is appointed.

Vehicle parts manufacturer Visteon Corp. posted a fourth-quarter profit, improving upon the loss it experienced during the same time in 2011.

Eaton Corp. said Wednesday its board has approved an 11% increase in its quarterly cash dividend.

Truck and auto component maker Dana Holding Corp. said Thursday its fourth-quarter profit rose from a year ago, though its revenue declined.