China to Raise Threshold for Automobile Exports
China will restrict the access of domestic companies to the automobile export business next year to curb the present industrial infighting, a commerce official said on Monday. Zhang Ji, deputy director-general of the Electromechanical and Science and Technology Department of the Ministry of Commerce told the China Automotive News that to acquire export licenses, companies must have a large enough automobile export volume, which means not every company is allowed into the business.
China Automotive Systems Forms Joint Venture with Chery Automobile
Power steering components supplier China Automotive Systems and its wholly-owned subsidiary, Great Genesis, have entered a joint venture agreement with Chery Technology Ltd., a wholly owned subsidiary of Chery Automobile Co. Ltd., to focus on R&D and manufacturing of power steering systems and components.
Record Number of Automobiles Sold in Mexico in 2005
A record 1.13 million automobiles were sold in Mexico in 2005, up 3.3 percent from the year before, the Mexican Automotive Industry Association, or AMIA, announced on Tuesday. Vehicle production rose 6.6 percent in 2005 to 1.6 million cars and light trucks reversing the negative trend of the past four years.
Cummins and China’s Shaanxi Automobile Group Form Joint Venture
Cummins Inc. and China’s Shaanxi Automobile Group Company Ltd. today signed an agreement to form a 50/50 joint venture company, Xi’an Cummins Engine Company, to produce the Cummins ISM 11-liter heavy-duty engine in Xi’an, the capital city of western China’s Shaanxi Province.
American Automobile Manufacturers Have Invested More Than $26 Billion in U.S. Over Past Two Decades, Says AIAM
A new study released today by the Association of International Automobile Manufacturers (AIAM) finds that new American automakers have invested nearly $27 billion in new factories and created more than 55,000 new, high-paying jobs over the past two decades.
Automobile Club of Southern California Signs Multi-Year Sponsorship of Wally Parks NHRA Motorsports Museum
The Automobile Club of Southern California, the largest affiliate of the AAA, has signed an agreement to become the presenting sponsor of the Wally Parks NHRA Motorsports Museum in Pomona, Calif., according to museum officials. The Auto Club sponsorship includes a specially designated Automobile Club of Southern California area inside the Museum that will feature a permanent display of historic racing memorabilia. As part of the deal, the Auto Club will also remain presenting sponsor of the annual NHRA California Hot Rod Reunion in Bakersfield.
Rotating Electrical: Revolving and Evolving
Higher compression ratios, increased accessory electrical loads, and the move toward hybridization and emissions compliance have brought many changes to the design and requirements of these rotating electrical components.
The Impact of Trade and Tariffs on the Aftermarket
While there are numerous components that make up “landed costs,” duties, taxes and tariffs are a huge factor and can often be a detriment to global trade, says Thomas Cook, managing director at Blue Tiger International.
MEMA’s McCarthy, Wilson Provide Right to Repair Updates
MEMA Aftermarket Suppliers advocated for the proposed Class 7 Exemption, which it said is crucial for ensuring fair access to software-controlled vehicle operational and telematics data.
Snap-on Approved for Direct Access to Nissan Secured Gateway Vehicles
The ability to work with Nissan secure systems is available on Snap-on Wi-Fi enabled products operating the latest software.
