BMW Q2 Results Hit by Rising Costs of Making Greener Vehicles
August 1, 2019
FRANKFURT -- BMW stuck to its outlook even as second-quarter earnings fell 20 percent, hit by currency headwinds and the rising cost of manufacturing electric and hybrid cars to help the automaker... READ MORE
Chinese Billionaire Indicted in U.S. For Evading Nearly $2 Billion in Tariffs
August 1, 2019
A powerful Chinese billionaire has been indicted by a federal grand jury on charges that he evaded nearly $2 billion in tariffs as part of a conspiracy to smuggle massive quantities of... READ MORE
The Impact of Litigation Among Diagnostic Tool Providers
August 1, 2019
In April, asTech parent company Repairify filed a lawsuit against collision repair scan tool manufacturer AirPro over alleged false or misleading information regarding asTech. AirPro is... READ MORE
Fast Cars and Fast Growth: Aftermarket Car Performance Retailer is Latest Pulaski County Investor
August 1, 2019
PULASKI COUNTY, Va. - Another Pulaski County company has announced it’s staying put and expanding. On the heels of Volvo’s bombshell decision last month to invest $400 million into its... READ MORE
Some Truck Parts Are Designed for Remanufacturing
August 1, 2019
MEMA Industry News Editor’s Note: This article originally appeared on Heavy Duty Trucking’s website, Truckinginfo.com. Used with permission, https://www.truckinginfo.com/337147/some-... READ MORE
Automakers, Colorado Reach Deal on Zero-Emission Vehicle Mandate
July 31, 2019
WASHINGTON -- Colorado and major automakers said on Monday they have reached a deal on the state's plan to adopt California's zero-emission vehicle requirements after earlier talks had ended... READ MORE
Getting Under the Hood of Amazon’s Auto Ambitions
July 31, 2019
DETROIT — Amazon.com Inc is expanding its transportation prowess to do virtually everything short of building a car. While Amazon founder and CEO Jeff Bezos has said little publicly about... READ MORE
MEMA Weighs in on Effort to Stop Sales of Counterfeit Motor Vehicle Parts
July 31, 2019
The Motor & Equipment Manufacturers Association (MEMA) responded to a call by the Department of Commerce to explore ways to prevent counterfeit motor parts from being sold in on-line markets... READ MORE
Cape Cod Coalition Forms to Support Next Generation of Right to Repair
July 31, 2019
More than 40 Cape Cod independent auto repair shops have joined together as part of the Massachusetts Right to Repair Coalition to support a much-needed update to the Commonwealth’s Right to... READ MORE
When Cars Start Phoning the Shops Themselves
July 31, 2019
Breakdowns often occur at the worst possible moment, causing untold disruption for driver and shop owner. “If only I’d known that part was about to fail!” is a typical reaction. Today, it is... READ MORE
GM's Transmission Plant in Mich. to Close in Three Days
July 31, 2019
DETROIT -- UAW Local 909 leaders and workers told reporters Tuesday that General Motors' Warren, Mich., transmission plant will close in three days, leaving about 100 workers without jobs.... READ MORE
Ford and Centrica to Offer New Electric Vehicle Services to Ford Customers, Dealers in Europe
July 31, 2019
Ford and Centrica are set to offer new electric vehicle services in the U.K. and Ireland as Ford accelerates its electrified vehicle plans in Europe. Under the planned partnership, Centrica... READ MORE
U.S. and China Resume Trade Talks Amid Dim Prospects for Deal
July 30, 2019
MEMA Industry News Editor’s Note: MEMA has called for an agreement between the U.S. and China that will allow U.S. companies to remain competitive in a global marketplace while protecting... READ MORE
Lithium Industry Buildup is Outracing the EV Boom
July 30, 2019
Lithium miners are bulking up for a booming future when electric vehicles go mainstream. But speed bumps loom, with prices tumbling on a burst of new production and demand growth slowing in... READ MORE
Appeals Court Rules Against ABPA in Aftermarket Ford Hood, Lamp Infringement Suit
July 30, 2019
The Federal Court of Appeals on July 11 ruled Ford deserved design patent protection on a hood and headlight and could block ABPA members from selling imitations. The Automotive Body... READ MORE
Homeland Security to Present at Aftermarket IP Forum
July 30, 2019
RESEARCH TRIANGLE PARK, N.C. – AASA’s Intellectual Property Council (IPC) and its partner organizations will host William Ross, senior advisor to the Director of the Department of Homeland... READ MORE
UTC Notes Aftermarket Boost
July 30, 2019
United Technologies (UTC) sounded optimistic about its aftermarket prospects during a second-quarter earnings call. The U.S. conglomerate, which is due to merge with Raytheon... READ MORE
BMW Invests to Boost Battery Production in South Carolina
July 30, 2019
BMW has invested about $10 million in its vehicle assembly plant in Spartanburg, S.C., to boost U.S. production of lithium ion battery packs. The fourth-generation batteries will be used in... READ MORE
Natural Gas Truck Sales Are on the Rise
July 30, 2019
MEMA Industry News Editor’s Note: This article originally appeared on Heavy Duty Trucking’s website, Truckinginfo.com. Used with permission, https://www.truckinginfo.com/337132/natural-gas-truck-... READ MORE