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
On Thursday, April 29 Michigan Governor Gretchen Whitmer held a press conference announcing the “MI Vacc to Normal Challenge” to re-open portions of the Michigan economy restricted in response to the COVID-19...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
On Tuesday, April 13, 2021, Michigan Governor Gretchen Whitmer signed a certificate of need authorizing an extension of the Michigan Occupational Safety and Health Administration (“MIOSHA”) COVID-19 Emergency Rules (the...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
On Tuesday March 2, Governor Gretchen Whitmer and Michigan Department of Health and Human Services (“MDHHS”) Director Elizabeth Hertel announced a revised Gatherings and Facemask Order (the “Revised Order”) which is scheduled...more
On Monday December 7, Governor Gretchen Whitmer and Michigan Department of Health and Human Services (“MDHHS”) Director Robert Gordon announced a twelve-day extension to the state health department’s COVID-19 restrictions and...more
On Sunday November 15th, Michigan Governor Gretchen Whitmer announced an extensive set of new restrictions aimed at slowing the spread of COVID-19 in the state. The Gatherings and Face Mask Order (the “Order”), issued by...more
As COVID-19 diagnoses surge across Michigan, the Michigan Occupational Safety and Health Administration (“MIOSHA”) announced that enforcement of Emergency Rules on COVID-19 would be expanded and that increased emphasis would...more
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
This update highlights key changes occurring between October 10 and October 16, 2020 with respect to the State of Michigan’s governmental COVID-19 response. It additionally analyzes the likely impacts these changes will have...more
As reported previously, on October 2, 2020 the Michigan Supreme Court invalidated legal authorities relied upon by Governor Gretchen Whitmer to unilaterally extend or declare emergencies in relation to the COVID-19 pandemic....more
On October 2, 2020, the Michigan Supreme Court issued a landmark opinion (the “Opinion”) limiting Governor Gretchen Whitmer’s authority to issue and renew executive orders relating to the COVID-19 pandemic. The Court...more
On July 29, Governor Gretchen Whitmer announced two new Executive Orders revising workplace and gathering safeguards intended to curb the spread of COVID-19 in the state.
Executive Order 2020-160 provides remote-work...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
Michigan Governor Gretchen Whitmer announced at 3:00 p.m. June 1 that effective immediately she is moving the state to Stage 4 of the MI Safe Start Plan and is rescinding the “Safer at Home” order reflected in Executive Order...more
On Thursday, May 21 Michigan Governor Gretchen Whitmer issued a revised “Safer at Home” Executive Order 2020-96. The Order states that, effective immediately, gatherings of 10 or fewer people are permitted statewide....more
As we reported recently, the Mexican automotive industry and other sectors in Mexico have now been classified as “essential,” with opening permitted by June 1st subject to satisfying certain “health and safety protocols” that...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
Michigan Governor Gretchen Whitmer Executive Order 2020-77, issued May 7, 2020 and taking immediate effect, modified the scope of the Order further by issuing new “safer at home” requirements. Critically, these revised...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
Michigan Governor Gretchen Whitmer announced that, effective Tuesday, March 24 at 12:01 a.m., all residents of Michigan are subject to a “stay home, stay safe” Executive Order. On April 9, 2020, Governor Whitmer, extended the...more
Michigan Governor Gretchen Whitmer announced this morning that, effective Tuesday, March 24 at 12:01 a.m. and continuing through at least April 13, all residents of Michigan are subject to a stay-home, stay-safe at home...more
On April 1, 2020 Michigan Governor Gretchen Whitmer signed Executive Order 2020-33 (“Order 2020-33”), declaring a state of emergency expansion and additionally declaring a state of disaster to address the fast-progressing...more
As the Coronavirus outbreak continues to develop and persist, issuers of commercial paper have been challenged to access liquidity markets. Market disruption has led to the inability of issuers to access the commercial paper...more