Major Supplier to Cut Back Investment in Combustion Engines 08/12/19
One of the world’s largest automotive industry suppliers said it would cut investment in combustion engines to facilitate more creation of electric power trains. Germany-based Continental AG, the world’s fourth largest auto supplier, announced it would cut its investment in standard combustion engines and parts and focus on their electric counterparts. The shift comes as […]
Read More>U.S. Government Contract Could Give Former GM Plants New Life 08/08/19
A major U.S. government contract could lead to the repurposing and reopening of former General Motors facilities. According to reports, the United States Postal Service (USPS) is seeking a manufacturer to build what they are calling “next generation” delivery vehicles. The contract is reportedly for $6 billion and includes a 20-year parts supply deal. Two […]
Read More>Inspector Determines Glider Kit Truck Study was Consistent with EPA Standards 08/06/19
The Environmental Protection Agency’s Office of Inspector General (OIG) has decided a 2017 study of glider kit trucks was consistent with agency standards. Environmental activists and truck manufacturers have frequently criticized glider kit trucks, which combine new truck bodies with old engines. These engines are usually rebuilt and do not often meet federal emissions standards. […]
Read More>EPA Official In Charge of Emissions Standards Steps Down 06/26/19
The senior Environmental Protection Agency (EPA) official in charge of revising vehicle emissions standards has resigned, according to reports. Bill Wehrum, Assistant Administrator for Air and Radiation, will resign his position effective June 30. He had been working with officials from the National Highway Traffic Safety Administration (NHTSA) on rewriting vehicle admissions standards through 2026. […]
Read More>Ongoing Strike Threatens Copper Supply 06/25/19
An ongoing strike at a major copper mine is threatening to cause a major loss in an already short supply of the metal. According to reports, a work stoppage at Chuquicamata Mine in Chile could cause a loss of 10,000 metric tons of copper from an already tight market. The strike has reached 12 days […]
Read More>DEF Contamination a Danger to Pilots 06/20/19
Diesel Exhaust Fluid, or DEF, has become required for diesel engine vehicles to meet new emission standards. However, its ubiquitous presence at airports has led to a series of contamination issues and dangerous emergency landings that have pilots concerned. Jet fuel contaminated with DEF has caused three reported incidents of engine failure over the past […]
Read More>Hurdles Block Rekindling of FCA-Renault Merger Talk 06/17/19
The proposed merger between Fiat-Chrysler (FCA) and Renault has failed for now, with two major hurdles standing in the way of a resurrection. According to reports, FCA officials are concerned about the political climate in France, where Renault is based. FCA would want the French government to relinquish its stake in Renault before it resumed […]
Read More>Metalworking Industry Growth Slows, Still Trending Up 06/12/19
While the metalworking industry continues to grow, it is expanding at its slowest rate since 2017 according to the latest Gardner Business Index report. According to the report, metalworking posted a 51.6 market growth score, its lowest since lowest since 2017. While growth is slowing, the report indicates the industry is still trending up. A […]
Read More>Survey Says Toyota is World’s Most Valuable Car Brand 06/11/19
Toyota is once again the world’s most valuable car brand according to the 2019 BrandZ global value rankings. According to the report, which has been released annually for the past 14 years, Toyota is the world’s 41st most valuable brand, dropping five spots from 2018. The only other automotive brands to crack the top 100 […]
Read More>Get Prepared for the Year’s Busiest Driving Season 06/06/19
Summer is here and that means its time for the biggest, busiest driving season of the year. As school lets out and work slows down, many Americans families take to the roads for everything from beach weekends to cross country trips. It isn’t just families taking to the roads more often. Commercial and industrial vehicles […]
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