Daimler’s New CEO Warns Electric-Car Shift Will Be Painful
November 15, 2019
Daimler AG’s new chief executive officer warned there will be no quick fix for the automaker’s struggle to revive squeezed profit margins during a costly shift to electric and self-driving cars... READ MORE
Capitol Christmas Tree Kicks off the Holiday Season for Trucking
November 15, 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/344699/capitol-... READ MORE
‘Ford v Ferrari’ Review: Hurtling Down the Glory Road
November 15, 2019
For all its thunderous exhaust notes—movies about car racing sound like operas scored entirely for bassos—“Ford v Ferrari” has significant things to say on worthy subjects: art v commerce, the... READ MORE
Trump Promises Imported Car Tariff Decision 'Very Soon'
November 14, 2019
MEMA Industry News Editor’s Note: MEMA has argued consistently that the importation of motor vehicle parts does not represent a national security risk. Imposing Section 232 tariffs on autos and... READ MORE
Lithium Producers Hit by First Big Downturn of EV Era
November 14, 2019
LOS ANGELES -- The burgeoning lithium industry, which produces the powerhouse metal used to make electric vehicle batteries, has entered its first major downturn, an unwelcome bruising for... READ MORE
Hyundai to Expand Ala. Plant to Build Santa Cruz Pickup
November 14, 2019
Hyundai Motor Co. will invest $410 million to expand its Alabama plant in preparation to build the Santa Cruz pickup — a vehicle highly anticipated by dealers — with production starting in 2021... READ MORE
Germany Welcomes Tesla Factory as Boost to E-Car Shift
November 14, 2019
BERLIN -- The German government on Wednesday welcomed Tesla's decision to open a car factory near Berlin, a move it believes will turbo-charge the country's shift into the electric car era even as... READ MORE
VW Adds Battery Pack Plant to Tenn. Expansion Plans
November 14, 2019
Volkswagen of America will build a 198,000-square-foot factory next door to its Chattanooga Assembly plant to assemble battery packs for its upcoming line of battery electric vehicles, the... READ MORE
Brake Inspection Blitz Sidelines 4,600 Trucks
November 14, 2019
Commercial vehicle inspectors placed more than 4,600 trucks out of service for critical brake-related violations during the Commercial Vehicle Safety Alliance’s Brake Safety Week, which was held... READ MORE
Swiping Less: Consumers Showing Credit Card Caution
November 14, 2019 by Chad Moutray
U.S. consumer credit outstanding rose 2.8 percent in September, slowing from the 6.7 percent and 5.2 percent gains in July and August, respectively. Revolving credit (including credit cards... READ MORE
Tariffs on China Imports Emerge as Hurdle to Trade Deal
November 13, 2019
MEMA Industry News Editor’s Note: Regarding trade negotiations with China, MEMA calls for an agreement that will allow U.S. companies to remain competitive in a global marketplace while protecting... READ MORE
FleetPride Announces Plans for New Distribution Centers
November 13, 2019
FleetPride has opened a new 150,000-square-foot, state-of-the-art distribution center in Elgin, Illinois, replacing its existing facility in nearby Bolingbrook. It will soon be followed by a 256,... READ MORE
France Warms to FCA-PSA Merger after Derailing Renault Deal
November 13, 2019
France may have helped scupper a deal between Renault SA and Fiat Chrysler Automobiles, but its approach to the marriage of Fiat with Peugeot shows it’s open for business. “There are... READ MORE
Alibaba-backed EV Startup XPeng Raises Nearly $400 million, Report Says
November 13, 2019
HONG KONG/BEIJING -- Chinese electric vehicle manufacturer XPeng, backed by Alibaba Group Holding Ltd., has raised nearly $400 million from investors including Xiaomi Corp. to fund its growth, two... READ MORE
Daimler Launches E-Mobility Ecosystem to Consult with Fleets on Going Electric
November 13, 2019
This article originally appeared on Heavy Duty Trucking’s website, Truckinginfo.com. Used with permission, https://www.truckinginfo.com/344462/daimler-launches-e-mobility-ecosystem-to-consult... READ MORE
A Teenager Won a $25,000 Award for Inventing a Solution to Eliminate Blind Spots for Cars
November 13, 2019
(CNN) A 14-year-old from West Grove, Pennsylvania, won a $25,000 prize for creating a prototype designed to eliminate a car's blind spots. Alaina Gassler told CNN she first noticed the... READ MORE
Trump May Punt on Auto Tariffs as European Carmakers Propose Plan
November 12, 2019
MEMA Industry News Editor’s Note:  MEMA has argued consistently that the importation of motor vehicle parts does not represent a national security risk. These potential tariffs would... READ MORE
Coal-Reliant Poland's E-car Push Clouded by EU Emissions Row
November 12, 2019
WARSAW/PRAGUE (Reuters) - Poland is betting on electric batteries to turbocharge its economy, but its dependency on coal could challenge its strategy as the EU seeks to champion European... READ MORE
Akebono EURO Wins Best Overall Import Product Line at AAPEX
November 12, 2019
Akebono Brake Corporation has been awarded 2019 “Best Overall Import Aftermarket Product Line,” for Akebono EURO Ultra-Premium Ceramic Disc Brake Pads by the Import Vehicle Community,... READ MORE