SECURITIES AND EXCHANGE COMMISSION
                         Washington, DC 20549

                               FORM 8-K

                            CURRENT REPORT


                Pursuant to Section 13 or 15(d) of the
                    Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) March 18, 1998
                                                 --------------

                        ARVIN INDUSTRIES, INC.
                        ----------------------
        (Exact name of registrant as specified in its charter)

                                Indiana
                                -------
            (State or other jurisdiction of incorporation)


                  1-302                             35-0550190
        -----------------------                 ------------------
        (Commission File Number)                  (IRS Employer
                                                Identification No.)

One Noblitt Plaza, P.O. Box 3000, Columbus, Indiana       47202-3000
- --------------------------------------------------------------------
     (Address of principal executive offices)             (Zip Code)

     Registrant's Telephone number, including area code (812) 379-3000
                                                        --------------


 2


ITEM 5.   OTHER EVENTS.

     The Registrant filed with  the Securities and Exchange Commission
a Prospectus  Supplement and related  Prospectus dated March  18, 1998
regarding an offering of $100,000,000 of its 6.75% Notes due March 15,
2008 that  have been registered  under the  Securities Act of  1933 on
Form  S-3 (No. 33-53087).  A copy of the form of 6.75% Notes due March
15, 2008 is attached hereto as  Exhibit 4.  The terms of the  offering
of  such  6.75%  Notes due  March  15,  2008  were established  in  an
Underwriting Agreement,  dated March  18, 1998, among  the Registrant,
Merrill   Lynch  &  Co.,   Merrill  Lynch,  Pierce,   Fenner  &  Smith
Incorporated and Lehman Brothers  Inc. (the "Underwriting Agreement").
The closing for  the issuance of the Notes is  scheduled to take place
on March 23, 1998.  A copy of  the Underwriting Agreement is  attached
hereto as Exhibit 1.

ITEM 7.   FINANCIAL STATEMENTS AND EXHIBITS.

     (c)  Exhibits

1)   Underwriting Agreement among the Registrant, Merrill Lynch & Co.,
     Merrill  Lynch, Pierce,  Fenner &  Smith Incorporated  and Lehman
     Brothers Inc., dated March 18, 1998.

4)   Form of 6.75% Notes due March 15, 2008.


 3


                               SIGNATURE


     Pursuant to  the requirements of  the Securities Exchange  Act of
1934, the Registrant has duly  caused this report to be signed  on its
behalf by the undersigned hereunto duly authorized.

Dated:    March 20, 1998

                              ARVIN INDUSTRIES, INC.
                              -------------------------
                              (Registrant)


                              /s/ A.R. Sales
                              -------------------------
                              A.R. Sales
                              Treasurer


 4


                             EXHIBIT INDEX

Number         Description
- ------         -----------

1         Underwriting Agreement among the Registrant,
          Merrill Lynch & Co., Merrill Lynch, Pierce,
          Fenner & Smith Incorporated and Lehman Brothers
          Inc., dated March 18, 1998.

4         Form of 6.75% Notes due March 15, 2008.