As Cobalt Crash Bottoms Out, Supplies Expected to Keep Prices in Check
February 13, 2019
LONDON -- Cobalt’s near yearlong price slide is finally ending, but high inventories of the battery metal will keep prices from quickly reclaiming 2018’s 10-year highs.   London Metal Exchange... READ MORE
FEV Adds Space for Vehicle Testing Services
February 13, 2019
DETROIT -- Higher emission standards faced by its North American customers have prompted FEV to invest $15 million in a Detroit-area vehicle development center.   The expansion also was... READ MORE
Trump Administration Unveils Order to Prioritize and Promote AI
February 12, 2019
MEMA Industry News Editor's Note​: Vehicle suppliers are key innovators of advanced vehicle technologies and artificial intelligence is a key component of these systems. As the voice for the motor... READ MORE
Top U.S. Officials Arrive in China for Trade Talks as Deadline Looms
February 12, 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
SoftBank Invests $940 Million in Nuro for Driverless Deliveries
February 12, 2019
SoftBank Group Corp.’s giant tech fund is investing almost $1 billion in a robotic-delivery vehicle startup, a hefty injection of capital that could help accelerate the race to put driverless... READ MORE
New Colorado Charter School Aims to Steer Ninth, Tenth Graders into Automotive Careers
February 12, 2019
An aftermarket-oriented high school is breaking new ground by reaching out to tomorrow’s technicians when they are quite young -- ninth graders. At the Automotive Institute of Science and Technology... READ MORE
GM Names Chairman of Northrop Grumman to Board
February 12, 2019
General Motors is adding the former CEO of a global aerospace and defense giant to its board of directors.   The automaker said on Feb. 11 that Wes Bush, chairman of the Northrop Grumman Corp... READ MORE
WiTricity Acquires Qualcomm’s EV Charging Unit
February 12, 2019
WiTricity, a wireless power transfer company, is acquiring tech giant Qualcomm Inc.’s electric vehicle charging unit, enhancing the startup’s wireless EV charging capabilities.   WiTricity... READ MORE
Japan Among 40 Nations to Back U.N. Draft Regulation on Braking Systems
February 12, 2019
GENEVA -- Forty countries including Japan and the European Union have agreed on a draft U.N. regulation for advanced emergency braking systems (AEBS) for new cars and light commercial vehicles from... READ MORE
OPEC Production Falls Significantly on Saudi Output Cuts
February 12, 2019
LONDON -- OPEC significantly reduced its crude-oil production in January, making good on its latest deal to curb output and rebalance an oversupplied market, the oil cartel said today.   In... READ MORE
Decision Time Nears on Auto Tariffs
February 11, 2019
MEMA Industry News Editor’s Note: MEMA has strongly supported policies that will strengthen global trade and continues to follow changes in global trade policy closely. Detailed information about... READ MORE
China Upbeat on U.S. Trade Talks, But South China Sea Tensions Weigh
February 11, 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
John Minor Named Recipient of 2019 Heavy Duty Aftermarket Industry Hall of Fame Award
February 11, 2019
Midwest Wheel President and CEO John Minor was honored as the 11th recipient of the Heavy Duty Aftermarket Industry Hall of Fame Award on Jan. 29, during Heavy Duty Aftermarket Week (HDAW) in Las... READ MORE
Detroit 3 in Heavy-Duty Brawl
February 11, 2019
You’ll rarely see a Ford F-450 in the front of a showroom. A Chevrolet Silverado HD or Ram 3500 won’t get a high-profile celebrity endorsement.   But the heavy-duty pickups are ubiquitous at... READ MORE
Toyota’s Moonshot: Self-Driving Car for Sale -- in a Year
February 11, 2019
TOKYO -- They call it Toyota’s moonshot: In just one year, Japan’s biggest carmaker wants to start selling a self-driving vehicle that it says will be the “most powerful supercomputer on wheels.”... READ MORE
Government Must Be Careful Not to Stifle Innovation When Weighing AI Restrictions, Think Tank Says
February 11, 2019
U.S. economic growth, social progress and global competitiveness will suffer if federal and state governments put restrictions on the development and adoption of artificial intelligence-powered... READ MORE
VW, Toyota Rise to the Defense of Auto Shows
February 11, 2019
CHICAGO -- Two of the world’s largest automakers used the Chicago Auto Show last week to offer a defense of auto shows in general.   High-ranking executives from Volkswagen Group and Toyota... READ MORE
NAM Monday Economic Report: Weaker Factory Orders in November
February 11, 2019
The Weekly Toplines  New orders for manufactured goods fell by 0.6 percent in November, extending the 2.1 percent decline seen in October. In addition, new orders for core capital goods... READ MORE
MEMA Applauds Introduction of Bipartisan Congressional Legislation on Section 232 Tariffs
February 8, 2019
MEMA applauds a renewed bipartisan, bicameral congressional effort to reform the process of using national security to impose tariffs on materials and products essential to the competitiveness of U.S... READ MORE