Fisher Auto Parts Acquires Burlington Foreign Car Parts
June 4, 2019
Fisher Auto Parts has acquired Burlington Foreign Car Parts (BFCP), it was announced by Herb Godschalk, co-president of Fisher Auto Parts.   BFCP operates nine locations, including six in... READ MORE
U.S. Sales Skid Hits 5 Months; SAAR Rebounds to 17.4M
June 4, 2019
U.S. light-vehicle deliveries slipped 0.3 percent in May, but the robust pace of sales -- 17.4 million -- offered a sign of hope as the industry barely missed posting its first monthly gain of the... READ MORE
GM and Fiat Chrysler Unmasked as Tesla’s Secret Source of Cash
June 4, 2019
For years, Tesla Inc. has hauled in revenue by selling credits to other carmakers that needed to offset sales of polluting vehicles to U.S. consumers. These sorts of transactions have largely been... READ MORE
​Radar Finds New Place in Self-Driving Technology
June 4, 2019
On a mid-March afternoon, 3 inches of fresh snow blanketed M-14, a state highway in southeast Michigan. Lane markings were covered in a sheet of white. Ice hung from road signs and cars alike.... READ MORE
Haldex Changes CEOs as Company Enters New Phase
June 4, 2019
The board of Haldex has decided on a change of leadership for the company, naming board member Helene Svahn to chief executive officer.   Svahn replaces Ake Bengtsson, who has been in the role... READ MORE
NAM Weekly Economic Report: 10-Year Treasury Bond Yields Fall
June 4, 2019
The Weekly Toplines   Slowing global growth and ongoing trade policy uncertainties pushed interest rates lower last week, with yields on 10-year Treasury bonds falling to 2.13 percent... READ MORE
Join the MEMA Government Affairs Update on the President’s Announcement Regarding Mexico Today
June 3, 2019
Members are urged to join MEMA at 11 a.m. EDT today for a presentation on the President’s announcement regarding tariffs on imports from Mexico and the impact on the auto supplier industry. MEMA... READ MORE
China, Mexico Signal Willingness to Step Up Trade Talks with U.S.
June 3, 2019
MEMA Industry News Editor’s Note: MEMA has vocally opposed a wide range of tariffs that impact the motor vehicle parts industry. A Government Affairs Update Webinar is scheduled for 11 a.m. EDT today... READ MORE
​Chasing the Data Storm
June 3, 2019
Data is unlocking new possibilities in connected cars. Quite literally.   Amazon expanded its in-car delivery service this year to certain Ford and Lincoln vehicles. Packages can be delivered... READ MORE
Mainstream Autos Get Driver-Monitoring Devices
June 3, 2019
Would you pay more for a car or SUV that warns you if you’re falling asleep or not paying attention behind the wheel?   Auto companies are figuring that because your life could depend on it,... READ MORE
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