Get the First Preview of a New Groundbreaking Study on the Emerging “New Retail” Aftermarket at the 2019 AASA Vision Conference in April
February 15, 2019
RESEARCH TRIANGLE PARK, N.C. – Dramatic changes are transforming the automotive aftermarket with a potential “new retail” emerging that could blur the line between physical and digital commerce.... READ MORE
Ford, VW Discuss $4 Billion Value for Argo AI, Report Says
February 15, 2019
Ford Motor Co. and Volkswagen Group are progressing toward a potential agreement to join forces on self-driving cars and have overcome earlier obstacles, people familiar with the talks told Bloomberg... READ MORE
FTR Trucking Conditions Index for December Spikes to Double-Digit Positive Reading
February 15, 2019
BLOOMINGTON, Ind. -- Following the November bounce back of FTR’s Trucking Conditions Index the December measure spiked to a reading of 11.46. The sharply improved December reading is a result of... READ MORE
China to Offer ‘Significant Opportunity’ for Tenneco Spin-Off, DRiV
February 15, 2019
DRiV Inc. has been announced as the name of the future publicly traded Aftermarket and Ride Performance company that will launch in the second half of this year, following Tenneco Inc.’s separation... READ MORE
NAM Global Manufacturing Economic Update: Global Growth Slowed in January
February 15, 2019
 The Monthly Toplines   Similar to the World Bank, the International Monetary Fund (IMF) cut its global economic forecast slightly. The IMF now expects worldwide growth to expand... READ MORE
The Tariffs No One Seems to Want Edge Closer to Trump’s Arsenal
February 14, 2019
MEMA Industry News Editor’s Note: MEMA has taken an active stance against Section 232 tariffs on motor vehicle parts and has communicated to the administration that these tariffs would have a... READ MORE
China Seeks to Lure U.S. With Pledges to Boost Chip and Other Purchases
February 14, 2019
MEMA Industry News Editor’s Note: In its statement on Dec. 3 regarding the trade negotiations with China, MEMA calls for an agreement that will allow U.S. companies to remain competitive in a global... READ MORE
Former MEMA President Bob Miller Passed Away on Feb. 9
February 14, 2019
Former MEMA President Robert Reece Miller, 84, passed away on Feb. 9 in Panama City Beach, Fla.   Miller served as MEMA president from 1991 until 2000. During his tenure, MEMA consolidated the... READ MORE
Genuine Parts Announces Industrial Automation and Robotics Acquisition
February 14, 2019
ATLANTA -- Genuine Parts Co. announced an acquisition for its Industrial Parts Group. Motion Industries has entered into a definitive agreement to acquire Axis New England and Axis New York, with an... READ MORE
HDAW 2019 Blasts Attendance Records for 14th Annual Conference
February 14, 2019
Event organizers for the 14th annual Heavy Duty Aftermarket Week (HDAW ‘19) have reported record-breaking attendance for both independent distributors and exhibiting suppliers at this year’s event... READ MORE
Trade Friction Stymies Growth in Germany and Japan
February 14, 2019
Japan and Germany avoided slipping into recession as 2018 drew to a close, but the world’s third- and fourth-largest economies seem set for a year of weak expansion amid uncertainty about the future... READ MORE
VW Seeks to Tap Potentially Lucrative Ride-Sharing Market
February 14, 2019
FRANKFURT -- Volkswagen Group’s mobility business, Moia, is scheduled to begin public ride-sharing services with electric passenger vans in Hamburg in April, as automakers step up their investments... READ MORE
Valeo Recognized as a ‘Top Employer’ 2019 In North America
February 14, 2019
Valeo has been recognized by the Top Employers Institute as a Top Employer 2019 for its excellent workplace environment. Valeo received the certification for the second time in a row as a top... READ MORE
Could Auto Tariff Threat Be a Turning Point?
February 13, 2019
MEMA Industry News Editor’s Note: MEMA has taken an active stance against Section 232 tariffs on motor vehicle parts and has communicated to the administration that these tariffs would have a... READ MORE
New NAFTA Is Threatened by Partisan Split Over Enforcement
February 13, 2019
MEMA Industry News Editor's Note: MEMA issued a statement on Nov. 30 in support of the USMCA signing, calling it “a positive step forward.” However, MEMA has argued that for the new trade deal... READ MORE
2018 Marks Third Straight Year that Motor Vehicle Deaths Are Estimated to Have Reached 40,000
February 13, 2019
ITASCA, Ill. -- For the first time since the Great Recession, the U.S. has experienced three straight years of at least 40,000 roadway deaths, according to preliminary estimates released today from... READ MORE
May Mobility Raises $22 Million for Self-Driving Shuttles
February 13, 2019
DETROIT -- May Mobility, a self-driving shuttle provider based in Ann Arbor, Mich., has raised a new round of funding that will help the company expand its fledgling operations.   The company... READ MORE
O’Reilly: Bennett Acquisition, DC Projects Driving Biggest Cap-Ex Spending in Company History
February 13, 2019
As O’Reilly Automotive toasts its 26th consecutive year of record revenue and operating income, the company also is anticipating its spending on capital expenditures to hit record levels in 2019.... READ MORE
Ford Told May It Could Move Business Overseas Because of Brexit
February 13, 2019
LONDON -- Ford Motor Co. told British Prime Minister Theresa May during a conference call on Feb. 12 that it may have to move some production out of Britain because of Brexit, according to a source... READ MORE