Renault-Nissan Group Sold Most Cars Last Year, But VW’s No.1 Including Trucks
January 30, 2019
TOKYO -- Volkswagen Group has held on to its position as the world’s top-selling automaker for the fifth year in a row, although the German group was edged out again by the Renault-Nissan-Mitsubishi... READ MORE
U.S. Auto Sales Seen Down in January: J.D. Power, LMC
January 30, 2019
U.S. auto sales in January are expected to fall about 1 percent from the same month in 2018, partly due to uncertainty around government shutdown causing some customers to delay purchases, according... READ MORE
VW Group’s Sales of Electrified Vehicles Grow 30%
January 30, 2019
FRANKFURT -- Sales of Volkswagen Group electrified vehicles rose 30 percent to about 100,000 last year, ahead of the automaker’s big electric car push this year.   About one-third of the sales... READ MORE
German Auto Supplier Bosch To Expand into Charging, Parking Services
January 30, 2019
STUTTGART -- German auto supplier Robert Bosch announced a push into parking, recharging and maintenance services for electric and self-driving vehicles as it posted flat annual operating profit... READ MORE
Alibaba Revenue Grows at Weakest Pace in 3 Years as Slowing China Bites
January 30, 2019
SHANGHAI -- E-commerce giant Alibaba Group Holding Ltd.’s quarterly revenue grew at its weakest pace since 2016, as the impact of a slowing Chinese economy and a crippling Sino-U.S. trade war kept... READ MORE
‘National Champion’ Policy Will Encourage the Rise of Indian Businesses
January 30, 2019
NEW DELHI -- Hoping to match China’s success at protecting and promoting homegrown tech titans, India has plans to continue tightening restrictions on Amazon.com Inc., Walmart Inc., Facebook Inc. and... READ MORE
Reimagining Federal Safety Standards
January 29, 2019
MEMA Industry News Editor's Note: Vehicle suppliers are key innovators of advanced vehicle safety systems and technologies and, as the voice for the motor vehicle supplier industry, MEMA has long... READ MORE
Big Divides Remain as U.S.-China Trade Talks Resume
January 29, 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
EU Calms U.S. Trade Ties by Accepting U.S. Soybeans in Biofuel
January 29, 2019
BRUSSELS -- The European Commission said today it had concluded that U.S. soybeans can be used in biofuels in the European Union, part of the bloc’s push to improve strained trade relations with the... READ MORE
Cox Automotive Forecast: U.S. Auto Sales to Start Year with Slight Volume Increase
January 29, 2019
ATLANTA -- According to a forecast released by Cox Automotive, auto sales volume in January is expected to increase slightly – less than 1 percent – from January 2018. The sales pace, however, is... READ MORE
Detroit Auto Show’s Attendance Drops 4.3% in Final Winter Year
January 29, 2019
DETROIT -- The 2019 Detroit auto show drew 774,179 total ticketed attendees this year, a drop of 4.3 percent, or 35,000 people from last year.   The 16-day Cobo Center event -- which includes... READ MORE
IT Spending Expected to Rise in 2019 Amid Shift to Cloud Services
January 29, 2019
Global spending on information technology is expected to reach $3.8 trillion in the year ahead, up 3.2 percent from 2018, as corporate IT budgets continue to shift into cloud services and away from... READ MORE
BBB Industries Acquires Remy Power Products’ North American Rotating Electric Business
January 29, 2019
BBB Industries has acquired the equity interests of the Remy North American Rotating Electric business consisting of World Wide Automotive, LLC and Remy Mexico Holdings B.V., more commonly known as “... READ MORE
NAM Weekly Economic Report: Manufacturing Softened in January
January 29, 2019
The Weekly Toplines   After a partial government shutdown that lasted five weeks, there will likely be a new schedule for economic releases given the backlog of data that have been... READ MORE
Trade Talks Spotlight Role of China’s State-Owned Firms
January 27, 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
Toyota Vows to Beef Up Utility Lineup, Stay Committed to Cars
January 27, 2019
Toyota Motor Corp. on Jan. 27 promised U.S. dealers a slew of new products -- including hot utilities such as a redesigned three-row Highlander coming this year -- as it tries to remain the nation’s... READ MORE
Macron Suggests New Renault Chairman Be Nissan’s Too: Fuji News
January 27, 2019
French President Emmanuel Macron told Japan’s premier that it would be appropriate for Renault SA’s new chairman to also be chairman of Nissan Motor Co., according to Fuji News Network.  ... READ MORE
VW Eyes Components Savings to Fund Shift to EVs
January 27, 2019
Volkswagen Group is counting on savings from its newly-reorganized components division to free up more funds to invest in electric-vehicle technology.   VW bundled its fragmented parts... READ MORE
Manufacturers Take a Sales Hit in China
January 27, 2019
A growing number of industrial companies say their sales are softening in China, threatening a strong three-year run for U.S. manufacturers.   Makers of everything from bulldozers to computer... READ MORE