Lower May Sales Expected Amid Wild Market Volatility
June 3, 2019
New U.S. light-vehicle sales have been lower in each of the first four months of the year -- a trend that was expected to continue in May. But the volatility that the market has demonstrated lately... READ MORE
Trailer Orders Slow Down but Production Nears All-Time Highs
June 3, 2019
Trailer orders have declined through April, falling well below last year’s levels but production levels are near all-time highs as manufacturers are still working through last year’s orders,... READ MORE
SoftBank’s Service to Help Power Self-Driving Buses, Farm Machinery
June 3, 2019
TOKYO -- Japan’s SoftBank Corp said today it will launch a service this year that would use satellite navigation data and the telco’s mobile base stations to help power self-driving buses, drones and... READ MORE
Technology Drives Deals Because No One Wants to Be the Next Blockbuster (Video)
June 3, 2019
The last of the 9,000 Blockbuster Video stores that once roamed the Earth sits at 211 NE Revere Ave. in Bend, Ore., a strip-mall storefront trapped in amber right down to dot-matrix printers and... READ MORE
MEMA Strongly Opposes New Tariffs on Mexico Imports; Urges Return to the Hard Work of Implementing the USMCA
May 31, 2019
MEMA shares President Trump’s concerns about security at the U.S. – Mexico border. However, imposing tariffs on all goods crossing the Mexican border will not provide a more secure border. Tariffs on... READ MORE
​Industry Groups Hosting Aftermarket IP Forum
May 31, 2019
A coalition of industry groups will host an Aftermarket IP Forum Aug. 15 at the Ford Conference & Events Center in Dearborn, MI. The new event will highlight best practices regarding intellectual... READ MORE
GM Investing $24M to Increase Pickup Production
May 31, 2019
General Motors will invest $24 million to increase production of its full-size pickups at Fort Wayne Assembly in Indiana.   GM CEO Mary Barra made the announcement on May 30 at the plant,... READ MORE
​Underused Factories Spur Fiat, Renault Merger Ambitions
May 31, 2019
For Fiat Chrysler Automobiles NV and Renault SA, a possible merger could help them solve one of their biggest problems: unused plant capacity.   Fiat Chrysler and Renault had the worst-... READ MORE
Class 8 Truck Production to Taper Off by the End of 2019
May 31, 2019
While signs have been pointing to a slowdown, Class 8 truck production is expected to continue growing for most of 2019, tapering off by the end of the year and into 2020.   This is according... READ MORE
Nippon Steel’s Reinvention of Its Namesake Metal Could Make Car Bodies 30% Lighter
May 31, 2019
Imagine the weight of 24 elephants bearing down on a tiny spot the size of a postage stamp.   That’s how much pressure Nippon Steel Corp.’s strongest metal can withstand. The firm is pushing... READ MORE
​DENSO Sponsors EcoCAR Mobility Challenge to Develop Future Workforce and Advance Sustainable Transportation
May 31, 2019
DENSO announced it is sponsoring the U.S. Department of Energy’s Advanced Vehicle Technology Competition’s EcoCAR Mobility Challenge.   EcoCAR is a four-year collegiate engineering competition... READ MORE
U.S. Economy Remained Robust in First Quarter
May 31, 2019
WASHINGTON -- U.S. economic growth remained robust in the first quarter, although fresh government data showed less business investment, a decline in corporate profits and muted consumer spending.... READ MORE
​U.S.-EU Talks Struggle, Threatening a New Front in Trade War
May 30, 2019
MEMA Industry News Editor’s Note: The EU is a critical trading partner for the U.S. and, particularly, for vehicle parts manufacturers. Last December, MEMA commented and testified about its support... READ MORE
​Labor Secretary: Michigan ‘Can Win’ Under New Trade Deal
May 30, 2019
MEMA Industry News Editor's Note: In a statement issued May 3, MEMA announced its support of the United States-Mexico-Canada Agreement (USMCA) and urged the U.S. Congress to pass the agreement... READ MORE
​Volvo: Mixed-Reality Tool Is Car Development ‘Game Changer’
May 30, 2019
Volvo will give its designers and engineers a tool that will let them drive a next-generation vehicle years before it even exists, saving the company substantial time and money while improving safety... READ MORE
For Renault and FCA, Past Auto Deals Hold Clues to Happier Future
May 30, 2019
BERLIN -- As the leaders of Renault SA and Fiat Chrysler Automobiles NV discuss their plans for creating a new car behemoth, they may want to study the industry’s previous deals to discover why big... READ MORE
Daimler Invests in ‘Highly Automated’ Trucks with New Autonomous Technology Group
May 30, 2019
Daimler Trucks says it’s going to have highly automated trucks in production within a decade, and it’s launched a new global business unit to help make it happen.   Daimler has made serious... READ MORE
Outside of Tesla, Future EV Sales in U.S. May Be Thin for Most Brands: Study
May 30, 2019
U.S. demand for electric vehicles, including hybrids, could rise to 1.28 million by 2026, a new study projected on May 29, but most brands will struggle to make money on the new models.  ... READ MORE
​Consumer Confidence Rises
May 30, 2019
American optimism about the economy continued to recover in May, following a dip earlier this year, according to a monthly barometer of consumers’ mood.   The Conference Board on May 28 said... READ MORE