A $45,000 Loan for a $27,000 Ride: More Borrowers Are Going Underwater on Car Loans
January 3, 2020
John Schricker took out a loan to buy a car in 2017. Then he took out another. And then another. In two years, the 40-year-old electrician signed up for four auto loans, each time trading in... READ MORE
Self-driving VW Vans to Shuttle Guests During 2022 FIFA World Cup
January 3, 2020
A fleet of self-driving Volkswagen Group vehicles will hit the streets of Doha, Qatar, during the next FIFA World Cup, which is scheduled to run from November 21 to December 18, 2022. The... READ MORE
10 Electric Vehicles to Watch
January 3, 2020
This was the year that Tesla’s lock on high-end all-electric vehicles began to break, with Audi and Jaguar sending electric S.U.V.s out into the world. They joined more workaday E.V.s from... READ MORE
Three Industry Views and Four Panel Discussions on Schedule at Heavy Duty Aftermarket Dialogue Conference
January 3, 2020
The Heavy Duty Manufacturers Association (HDMA), the commercial vehicle division of the Motor & Equipment Manufacturers Association (MEMA), announces a stellar program featuring key commercial... READ MORE
A Family Making a 3D-printed Lamborghini Replica Is Surprised with the Real Thing When the Carmaker Heard About the Project
January 3, 2020
What started out as a simple game between a father and son turned into a Christmas surprise of a lifetime from Italian supercar maker Lamborghini for a family from Erie, Colorado. Sterling... READ MORE
Trump Says He Will Sign Phase-One Trade Deal With China on Jan. 15
January 2, 2020
MEMA Industry News Editor’s Note: MEMA is encouraged by the news that the administration reached a “Phase One” trade agreement with China and looks forward to seeing more details MEMA has... READ MORE
Take the Wheel: How To Support ‘Your Car. Your Data. Your Choice.’
January 2, 2020
In September, the Auto Care Association and the Automotive Aftermarket Suppliers Association (AASA) signed a landmark agreement for a strategic partnership to educate and activate the industry as... READ MORE
Carlos Ghosn Flees Trial in Japan for Lebanon
January 2, 2020
Carlos Ghosn, the former chief of Nissan Motor Co. and Renault SA, unexpectedly left Japan, where he faces trial on charges of financial wrongdoing, and traveled to his homeland of Lebanon.... READ MORE
Flying Cars, Hyperloops and the Other 2020 Tech Predictions That Didn’t Pan Out
January 2, 2020
Predicting the future is hard, even for the people with the most power to influence it. In 2013, Jeff Bezos said he expected Amazon.com Inc. would be delivering packages by drone in four to five... READ MORE
GM, Tesla Head for New Year Without Electric Vehicle Tax Credits
January 2, 2020
Washington — General Motors Co. and Tesla are about to become the first automakers that will have to sell EVs without the benefit of a $7,500 federal tax credit. Last week, Congress failed... READ MORE
600,000 Truck Drivers Are Using an App That Could Eventually Take Their Jobs
January 2, 2020
The Uberization of the trucking industry is well on its way, merging Big Tech with Big Trucking in a way that threatens to upend the industry and its workers as the technology helps ease the way... READ MORE
Uber Founder Travis Kalanick Sells Shares, Leaves Board
January 2, 2020
Travis Kalanick will step down from the board of directors at Uber on December 31, the ride-sharing company said in a statement last week. Kalanick has also sold more than 90 percent of his... READ MORE
Happy Holidays from MEMA and its Divisions
December 20, 2019
MEMA Industry News Editor’s Note: MEMA will suspend publication of Industry News starting Dec. 23 in recognition of the holiday season. We will resume publication on Jan. 2, 2020. MEMA and its... READ MORE
House Passes North American Trade Pact with Bipartisan Support
December 20, 2019
MEMA Industry News Editor’s Note: MEMA congratulates Speaker Nancy Pelosi, Republican Leader Kevin McCarthy, USTR Robert Lighthizer, and their teams for the strong House Vote in favor of the... READ MORE
China’s Xi to Skip Davos, Deflating Hopes for Trump Summit
December 20, 2019
Chinese President Xi Jinping isn’t planning to attend the World Economic Forum in January, according to people familiar with the matter, taking one option for a face-to-face meeting with his U.S.... READ MORE
GM Oshawa will Still Do Its Part, But in the Aftermarket
December 20, 2019
The modern Oshawa assembly plant that produced its last vehicle on Wednesday, Dec. 19, 2019, dates back to 1953 and has produced everything from the Chevrolet Bel Air to the Chevrolet Silverado.... READ MORE
Why the Global Auto Industry Is Worried About a Korean Feud
December 20, 2019
From Michigan to Germany, the global car industry wants its Korean battery suppliers to bury the hatchet. At stake are the electric vehicles that will compete with Tesla, thousands of American... READ MORE
New Volkswagen Electric Car Makes Appearance on a Christmas Card
December 20, 2019
Volkswagen is feeling the holiday spirit and gave auto media a little gift as we march toward the end of 2019, and it's none other than a look at another upcoming VW electric car.... READ MORE
Under Attack: Fleets a Growing Target for Hackers
December 20, 2019
John Wilson, vice president of administration, safety & human resources for B-H Transfer Co., gets dozens of emails every day. But an email he received in late 2017 was a little... READ MORE