NAM Monday Economic Report: Manufacturing Hiring Fell in March
April 8, 2019
The Weekly Toplines   Manufacturing employment fell by 6,000 workers in March, the first monthly decline in hiring in the sector since July 2017. It was the second straight month of... READ MORE
Trump Threatens Car Import Tariffs in New Warning to Mexico
April 5, 2019
MEMA Industry News Editor’s Note: MEMA issued a statement on April 4 calling on the administration to look at other strategies rather than complete closure of any of critical entry points at the U.S... READ MORE
Trump Says U.S.-China Trade Deal Close, but No Summit Plans Yet
April 5, 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
The New Aftermarket Retail Landscape and How to Win
April 5, 2019
MEMA Industry News Editor’s Note: AASA will host in a webinar from 1-2 p.m. EDT, on Thursday, May 16, to delve deeper into the full report, “The ‘New Retail’ Future of the Aftermarket (and How to Win... READ MORE
Ford and Nissan Feed Rental-Car Fleets as Consumer Demand Sags
April 5, 2019
Stronger-than-expected new-car sales last month belied a dirty little secret: Automakers have been selling more vehicles to rental fleets in recent months to prop up volume.   Deliveries to... READ MORE
Duke Energy Doubles Down on EVs with $76 Million in Charger Incentives
April 5, 2019
Duke Energy announced in April that it was offering $76 million worth of incentives to encourage North Carolina residents and public transportation agencies to take the plunge and bring more EVs to... READ MORE
Detroit Partners with Maven in First Step to Support Car-Sharing
April 5, 2019
DETROIT -- Patty Fedewa hasn’t owned her own car since January 2009, but she typically needs one to pick up her 11-year-old daughter from a private school in Grosse Pointe Woods.   “The bus... READ MORE
More New-Vehicle Buyers Finance at Rates Higher Than 10%
April 5, 2019
About one of every seven new-vehicle buyers obtained financing last month with interest rates commonly associated with the used-vehicle market as automakers continued to scale back incentives,... READ MORE
U.S. Jobs Grew by 196,000 in March as Hiring Bounces Back
April 5, 2019
WASHINGTON -- Hiring in the U.S. sprang back in March and the unemployment rate remained at a historically low level, underscoring that the labor market remains a source of strength for the economy... READ MORE
Trump Orders Crackdown on Counterfeit Sales Online
April 4, 2019
MEMA Industry News Editor’s Note: Intellectual property rights (IPR) protections are a top priority for MEMA, and counterfeiting vehicle components and parts and stealing trademarks are issues MEMA... READ MORE
Tariffs Take Center Stage in U.S.-China Trade Talks
April 4, 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
Three Competing Views of How the Aftermarket Will Unfold by 2020
April 4, 2019
DEARBORN, Mich. -- An economist, investor and industry expert may have competing focuses, but they all agree on one thing: the automotive aftermarket is growing and the future looks bright, although... READ MORE
Tenneco And Parts Warehouse Inc. Honored with First-Ever AASA Channel Excellence Award Presented by Epicor
April 4, 2019
A shared data analytics program between Tenneco Inc. and Parts Warehouse Inc. (PWI), focused on inventory and sales optimization of Monroe ride control components, garnered the first-ever Automotive... READ MORE
Private-Equity Firms Buy Trucking Freight Services Companies
April 4, 2019
Private-equity firms bought two big freight-services providers in separate deals announced on April 3, the latest in a string of investments in businesses that help manage the flow of goods through... READ MORE
There’s Nothing Better Than the Lithium-Ion Battery Coming Soon
April 4, 2019
SAN FRANCISCO -- Clean-energy visionaries have long argued that the world needs a better battery capable of selling skeptical consumers on electric cars and running the grid on renewable power. And... READ MORE
China Flags Support for Parallel Car Imports, Used Car Markets
April 4, 2019
BEIJING -- China’s commerce ministry said today that it will roll out measures to support the country’s parallel car imports and used automobile markets to boost car sales.   China will expand... READ MORE
DENSO Opens Pennsylvania Technical Center to Enhance Diagnostics Tech in Aftermarket, Other Business Units
April 4, 2019
SOUTHFIELD, Mich. -- DENSO, the world’s second largest mobility supplier, announced the opening of the Connected Services Pennsylvania Technical Center in Scranton. It was previously part of EASE... READ MORE
EPA Chief Says More Actions Over Excess Vehicle Emissions ‘in the Works’
April 3, 2019
WASHINGTON -- U.S. Environmental Protection Agency chief Andrew Wheeler said on April 2 the Trump administration has more actions “in the works” related to excess vehicle emissions after imposing... READ MORE
Ford, GM, Toyota Unite to Identify AV Best Practices
April 3, 2019
A trio of automakers and SAE International have banded together to identify safety principles for the testing and development of Level 4 and Level 5 autonomous vehicles.   The Automated... READ MORE