Economic Influence Subject of MEMA ‘Landmark’ Study - Tire Review Magazine

Economic Influence Subject of MEMA ‘Landmark’ Study

(Akron/Tire Review) Motor & Equipment Manufacturers Association (MEMA) has undertaken what it calls “a landmark study” to document the economic influence of automotive and heavy-duty suppliers.

The study, which is scheduled to be completed in November, will analyze the economic contribution of suppliers to the nation’s economy and will provide data on both a national level and state-by-state breakdown, MEMA said. “The data will result in valuable statistics such as direct and intermediate employment; value of goods shipped; value of goods and services purchased; the percentage of sales suppliers dedicate to engineering, research and development; federal, state and local taxes generated from automotive suppliers; and total compensation for both direct and intermediate employment,” the association said in a statement.

“It’s time for automotive and truck product manufacturers to step out of the shadows,” said Bob McKenna, president and CEO of MEMA. “We know that we are a major force in the nation’s largest manufacturing industry, but now it is time to tell the rest of the world our story.”

You May Also Like

Bridgestone develops Potenza Sport tires for Maserati’s all-electric SUV

The Maserati Grecale Folgore was designed and produced in Italy, as were its bespoke Bridgestone Potenza Sport Enliten tires.

Maserati_Grecale_Folgore_Bridgestone

Bridgestone Americas (Bridgestone) has been chosen by Maserati to develop bespoke 20'' tires for its first all-electric SUV, the Maserati Grecale Folgore. After recent collaborations including fitments for the Maserati MC20 supercar and the Maserati Grecale, Maserati looked to Bridgestone for an EV tire and Bridgestone developed the Bridgestone Potenza Sport Enliten tires, its flagship ultra-high performance tire.

Yokohama Rubber expands motorsports tire production capacity at Mishima Plant

Yokohama Rubber will invest approx. $24.2 million in a new line that will expand the plant’s capacity for motorsports tires by 35%.

Yokohama-Japan-plant
Why you should recommend a ‘tune-up’ to your customers

Because of automated systems, many people overlook the basic maintenance that’s still required to keep vehicles running smoothly.

How to select compatible TPMS sensors and tools

Programmable sensors are a fantastic option for simplifying TPMS service and programming tools don’t have to be complicated.

Cracking-the-Code-TPMS-Yanick-1400
Hydraulic suspension bushing replacement tips

Hydraulic suspension bushings were developed in response to customer demands for smoother, quieter and better-handling vehicles.

TR-Continental-bushing

Other Posts

TechForce Foundation launches Techs Talk survey

The survey is designed to uncover insights into the perspectives of aspiring technician students and new working technicians.

Stock-technician-training-1400
Hunter Engineering releases new alignment coverage for hundreds of vehicles

The release covers new records as well as updates to existing records, covering OEM changes to existing vehicles.

Hunter-WinAlign
GRI appoints new director of North America

Ydo Doornbos has spent 29 years in the tire industry, and will now lead GRI’s efforts to expand the company in the North American market.

GRI-Ydo-Doornbos
Consumer understanding is key to success in the all-weather tire segment

Tire dealers need to properly understand consumer needs based on driving habits and performance preferences.

Nokian-Tyres-Remedy-WR-G5-tread-1400