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DETROIT (Reuters) -- Car and truck parts maker ArvinMeritor posted a quarterly net loss on Tuesday, weighed down by hefty tax charges, and said it expected to sell its car parts business in 2009.

ArvinMeritor reported a net loss of $153 million for its fiscal fourth quarter ended Sept. 30. That compared with a net loss of $62 million a year earlier.

The result reflected non-cash income tax charges of $196 million. Revenue rose 8 percent to $1.72 billion.

ArvinMeritor expects sales for the fiscal 2009 to be in the range of $4.9 billion to $5.2 billion.

Before the tax charges, ArvinMeritor actually improved its operating profits to $40 million during the quarter, up from an operating loss of $16 million during the same quarter last yaer.

ArvinMeritor said last month it was reviewing alternatives to a previously planned spin-off of its light vehicle business to shareholders because of difficult market conditions.

ArvinMeritor CEO Chip McClure said today the company has determined a sale will be its primary focus for the car parts unit, and has retained JPMorgan as its financial adviser.

ArvinMeritor is in the midst of reducing its global workforce by 1,250 employees, or about 7 percent. The cuts comprise 450 salaried and 800 hourly workers.

The job reductions and other restructuring actions will save $125 million annually, ArvinMeritor has said.

The suburban Detroit company ranks No. 26 on the Automotive News list of the top 100 global suppliers with worldwide sales to automakers of $6.40 billion in 2007.