Exhibit 23(B) Consent of Independent Accountants We hereby consent to the incorporation by reference in the Prospectuses constituting part of the Registration Statements on Form S-3 (No. 33-41242 and No. 33-53087) of Arvin Industries, Inc. of our report dated January 24, 1998 appearing in this Form 10-K. Price Waterhouse LLP /s/ Price Waterhouse LLP Indianapolis, Indiana March 16, 1998