In 2022 automotive original equipment manufacturers, suppliers, startups, and other participants in the electric vehicle (EV) ecosystem used mergers and acquisitions, joint ventures, and strategic transactions to enhance...more
While U.S. Environmental Protection Agency (EPA) renewable fuel standards have traditionally been a chief concern of energy and fuel producers, the EPA’s 2023 rulemaking set is perhaps bigger news for Detroit than Houston...more
In an acknowledgement that the only constant is often change, the Original Equipment Suppliers Association’s (OESA) 24th Annual Automotive Supplier Conference opened on November 7 under the headline “The Future is Calling....more
11/18/2022
/ Automotive Industry ,
China ,
Electric Vehicles ,
Inflation Reduction Act (IRA) ,
Interest Rates ,
NHTSA ,
Original Equipment Suppliers Association (OESA) ,
Price Inflation ,
Semiconductors ,
Supply Chain ,
Supply Shortages ,
Taiwan
In 2022, automotive suppliers face many of the same issues that have bedeviled the industry throughout 2021, as well as a host of all-new challenges. Unfortunately, as with many aspects of pre-pandemic life, the relative...more
3/17/2022
/ Automotive Industry ,
Biden Administration ,
Coronavirus/COVID-19 ,
Corruption ,
Department of Justice (DOJ) ,
Department of Transportation (DOT) ,
Electric Vehicles ,
Federal Trade Commission (FTC) ,
Final Rules ,
Foreign Corrupt Practices Act (FCPA) ,
Hart-Scott-Rodino Act ,
IMMEX ,
Infrastructure Investment and Jobs Act (IIJA) ,
Mexico ,
Motor Vehicles ,
National Security ,
NHTSA ,
Notice of Proposed Rulemaking (NOPR) ,
OEM ,
Office of Foreign Assets Control (OFAC) ,
OMB ,
Supply Chain ,
Supply Shortages ,
U.S. Treasury ,
Vertical Mergers
As we highlighted in our December 29, 2021 and January 19, 2021 posts, on November 15, 2021, the Bipartisan Infrastructure Law (BIL) was passed, enacted as the Infrastructure Investment and Jobs Act (IIJA) (Pub. L. 117-58),...more
CES in Las Vegas has become one of the world’s premier “auto show” events. I was able to see that firsthand with my Foley colleagues in January 2020, before the current unpleasantness began…. This year, CES was back in a...more
The Center for Automotive Research (CAR) reconvened its popular Management Briefing Seminars in Traverse City last week, with its usual mix of technical, financial and market topics delivered in person this year. It was good...more
With 2019 seeing modest slowdowns in both M&A deal volumes and deal values compared to 2018, industry participants entered 2020 cautiously optimistic about the potential for automotive M&A deal growth. Although 2020 wasn’t...more
One year ago, the automotive industry was swiftly and seriously impacted by the COVID-19 pandemic. This disruption, in addition to the new administration, continues to present a variety of fresh issues.
Foley’s...more
3/10/2021
/ Americans with Disabilities Act (ADA) ,
Automotive Industry ,
Biden Administration ,
Coronavirus/COVID-19 ,
Cybersecurity ,
Data Privacy ,
Department of Justice (DOJ) ,
Families First Coronavirus Response Act (FFCRA) ,
Family and Medical Leave Act (FMLA) ,
Mexico ,
NHTSA ,
Patents ,
Safety Standards ,
Supply Chain ,
Trade Wars ,
U.S. Customs ,
United States-Mexico-Canada Agreement (USMCA) ,
Vaccinations ,
Vertical Mergers
The Original Equipment Suppliers Association (OESA) 2020 annual automotive conference, conducted virtually this year, wrapped up on November 11 under the theme “Journey Back to the Future.” And what a journey it has been. ...more
Decorated lead automotive analyst John Murphy at Bank of America Merrill Lynch recently unveiled the 2020 edition of his much anticipated “Car Wars” report. The premise of Car Wars is simple: for automakers, a faster...more
Today, the Mexican government confirmed that manufacturing of transportation equipment includes the automotive industry and is an essential activity permitted to operate. There are some inconsistencies reported between the...more
The COVID-19 outbreak has caused companies serving the automotive industry in Mexico to face economic stress due to liquidity, labor, contract and other issues. This stress has manifested itself in many ways:
Impediments...more
4/30/2020
/ Automotive Industry ,
Coronavirus/COVID-19 ,
Economic Downturn ,
High Risk Covid Employees ,
Mexico ,
Personal Protective Equipment ,
Re-Opening Guidelines ,
Social Distancing ,
Supply Shortages ,
Virus Testing ,
Workplace Safety
Following a robust 2018, 2019 saw a modest slowdown in automotive M&A activity and a decline in deal value, due in large part to regulatory uncertainty, trade war impacts, declining global economic growth, abating automotive...more
In the three years it took for the United States-Mexico-Canada Agreement (USMCA) to come to fruition, there was much uncertainty surrounding trade relations with Mexico, yet U.S. business executives’ bullishness about...more
...The Impact of Emerging Technologies on Global Automotive Supply Chains -
The intense focus on autonomous vehicles and electrification we see today shows no signs of slowing down: in the new automotive industry, every...more
2/13/2020
/ Antitrust Provisions ,
Automotive Industry ,
Chapter 11 ,
Commercial Bankruptcy ,
Data Privacy ,
Employer Liability Issues ,
Intellectual Property Protection ,
Manufacturers ,
Motor Vehicles ,
NHTSA ,
Supply Chain ,
United States-Mexico-Canada Agreement (USMCA)
The North American automotive supply industry convened in suburban Detroit on November 13th at The Original Equipment Suppliers Association (OESA) 21st Annual Conference under the theme: “Racing to Innovate.” And while the...more
The Financial Times convened a worldwide panel of vehicle electrification experts in London last month, and the breadth and depth of developments from the EU, China and the US was staggering. The inexorable march toward...more
Given the pace of change in the automotive space and related technologies, combined with increasing regulatory scrutiny and recent developments in trade and M&A, the global automotive industry can anticipate several risks and...more
1/23/2019
/ Acquisitions ,
Antitrust Violations ,
Automotive Industry ,
Cybersecurity ,
Employer Liability Issues ,
Foreign Corrupt Practices Act (FCPA) ,
Intellectual Property Protection ,
International Labor Laws ,
Manufacturers ,
Mergers ,
NAFTA ,
NHTSA ,
Supply Chain ,
Tariffs ,
Trade Relations ,
Transportation Industry ,
Trump Administration ,
United States-Mexico-Canada Agreement (USMCA)
Given the pace of change in the automotive industry and related technologies, combined with increasing regulatory scrutiny and recent developments in trade and M&A, there are several risks and challenges the global automotive...more
11/28/2018
/ Acquisitions ,
Automation Systems ,
Automotive Industry ,
CFIUS ,
Data Protection ,
Driverless Cars ,
Electric Vehicles ,
EU ,
General Data Protection Regulation (GDPR) ,
Insurance Industry ,
Manufacturers ,
Mergers ,
NHTSA ,
Supply Chain ,
Transportation Industry ,
UK Brexit ,
United States-Mexico-Canada Agreement (USMCA) ,
WTO
The Original Equipment Suppliers Association (OESA) celebrated its 20th Annual Conference this week in suburban Detroit under the theme: “Transom Innovate Lead.” And while this year’s discussion that occurred the day after...more
The Center for Automotive Research (CAR)’s annual Management Briefing Seminars are being held this week in Traverse City, Michigan. Tuesday’s sessions included an annual highlight of the conference: a detailed update and...more
“Mobility Disruption” was one of the main pillars at this year’s Detroit Regional Chamber of Commerce’s Mackinac Policy Conference, that attracted 1,700 business and political leaders. A common theme of “The Mobility State:...more
Given the pace of change in the automotive industry and related technologies, combined with increasing regulatory scrutiny, what risks and challenges can the global automotive industry expect to deal with in 2018 and beyond...more
4/25/2018
/ Antitrust Provisions ,
Automation Systems ,
Automotive Industry ,
CFIUS ,
China ,
Connected Cars ,
Cybersecurity ,
Driverless Cars ,
Electric Vehicles ,
EU ,
General Data Protection Regulation (GDPR) ,
Intellectual Property Protection ,
Manufacturers ,
Merger Controls ,
National Security ,
NHTSA ,
Popular
2017 was a strong year for the automotive sector and related M&A activity, and we’re looking to generally continue that momentum in the year ahead. The new automotive ecosystem, in which traditional OEMs and automotive...more
1/30/2018
/ Acquisitions ,
Automation Systems ,
Automotive Industry ,
China ,
Cross-Border ,
EBITDA ,
EU ,
Imports ,
Manufacturers ,
Mergers ,
NAFTA ,
Pass-Through Entities ,
Supply Chain ,
Tax Cuts and Jobs Act ,
Transportation Industry ,
Trump Administration ,
US Trade Policies