Pressure Grows on U.S., China to Forge Trade Deal
February 8, 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
Political Giant John Dingell Dies at 92
February 8, 2019
MEMA Industry News Editor's Note: The late Congressman John Dingell was a strong supporter of the motor vehicle supplier industry. MEMA honored his efforts with the Joseph M. Magliochetti Industry... READ MORE
O’Reilly Automotive Reports 4th Quarter, Full Year 2018 Results
February 8, 2019
O’Reilly Automotive has announced record revenues and earnings for its fourth quarter and full year ended Dec. 31, 2018. The results represent 26 consecutive years of comparable store sales growth... READ MORE
Detroit Automakers Ready for Challenging Year Ahead
February 8, 2019
Another profitable year for Detroit’s automakers doesn’t mean the year ahead won’t pose multiple challenges, leaders of the companies say, even as they expect to keep selling a near-record number of... READ MORE
Class 8 Truck Orders Get Off to Slow Start in 2019
February 8, 2019
Truck orders got off to a slow start in 2019 with early reports from industry analysts ACT Research and FTR tracking a 26 percent decline in January compared to December 2018.   ACT Research’s... READ MORE
MANN+HUMMEL Presents Technology to Reduce NO2 Pollution on Roads with Heavy Traffic
February 8, 2019
LUDWIGSBURG -- On Feb. 7, at its headquarters in Ludwigsburg, filtration specialist MANN+HUMMEL presented a technology which reduces nitrogen dioxide (NO2) at locations with high levels of pollution... READ MORE
Statement on the Passing of Lennart Lindblad, Founder of Autoliv Inc.
February 8, 2019
STOCKHOLM -- It is with deep sadness that we recognize that Lennart Lindblad, founder of Autoliv, died on January 30 at the age of 89 after a time of illness.   Lennart Lindblad founded the... READ MORE
As U.S. and China Draw Up Trade Barriers, Germany Fights Back
February 7, 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
A New Connected-Car Battle: Cellular vs. DSRC
February 7, 2019
Far from the well-trodden halls of the Las Vegas Convention Center, some of the most important automotive developments showcased during CES last month were found in the parking lot of a warehouse on... READ MORE
Chicago Auto Show Picks Up Where Detroit Left Off
February 7, 2019
Mercedes and BMW are stiffing the Chicago Auto Show this year, just as they did with the Detroit show. Beginning today, the Windy City will open to single-digit temperatures and 20 mph gusts off... READ MORE
FTR Reports North American Class 8 Orders for January Drop 26% M/M
February 7, 2019
BLOOMINGTON, Ind. -- FTR reports preliminary North American Class 8 orders for January 2019 dropped 26 percent M/M to the lowest since October 2016 at 15,600 units. This year’s January order activity... READ MORE
Icy Temperatures Cut Electric Vehicle Range Nearly in Half
February 7, 2019
ORLANDO, Fla. -- As freezing temperatures plague much of the country, electric vehicle owners may experience a decrease in driving range, compounded by the use of the vehicle’s interior climate... READ MORE
Volvo Cars Courts Investors to Raise Cash for Polestar, CEO Says
February 7, 2019
STOCKHOLM -- Volvo Cars is talking to Chinese investors as well as U.S. tech investors as the company seeks external finance for its Polestar performance electric car brand, the Swedish carmaker’s... READ MORE
How Bad Is China’s Economic Slowdown? It Depends What You Sell
February 7, 2019
If China’s economy is weakening, someone forgot to tell Jasmine Wang.   “My parents haven’t asked me to cut back my spending,” says Wang, a 22-year-old graduate student in Beijing who collects... READ MORE
Arconic Names Chairman John Plant as New CEO
February 7, 2019
Arconic Inc. named board Chairman John Plant its chief executive, cutting ties with CEO Chip Blankenship two weeks after the aluminum-sheet and parts maker walked away from a deal to be acquired by... READ MORE
NHTSA Withdraws Proposal to Require Event Data Recorders in Cars, Trucks
February 6, 2019
MEMA Industry News Editor’s Note: MEMA supports the National Highway Traffic Safety Administration’s withdrawal of the proposed regulation to require event data recorders (EDRs) in new cars and... READ MORE
Senate Panel Approves Wheeler to Lead EPA
February 6, 2019
WASHINGTON -- The Republican-controlled Senate Environment and Public Works Committee approved the nomination of Andrew Wheeler to lead the EPA and advanced his nomination to the full chamber.... READ MORE
U.S. Trade Negotiators Heading to Beijing Next Week
February 6, 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
Huge, Pricey Trucks Haul Jobs and Profits for the Detroit Three
February 6, 2019
DECATUR, Texas/FLINT, Mich. -- Mickey McMaster is on his 12th pickup truck.   The 61-year old farm equipment dealer in Decatur, Texas, two weeks ago treated himself to a 2019 GMC Denali for... READ MORE