Foley hosted Drive Forward: The Future of Telematics on January 14 and undoubtedly, our speakers agreed – the connected car is here to stay with technology rapidly advancing towards the integration of autonomous vehicles. Speakers provided supplier, OEM and legal perspectives on the technologies and challenges associated with the increased interconnectivity of vehicles. Continue reading this entry
What is next for the auto industry in Brazil and Argentina? Despite the current recession, the markets show signs of the potential for growth, although it will likely be at a slow pace.
Below is a high level summary of certain economic indicators, trends and other factors that influence the overall economic situation and the auto industry in the region. Continue reading this entry
This past year, we witnessed the GM Ignition Switch investigation, which involved massive recalls, multiple Congressional hearings, and civil penalties; the ongoing Takata airbag inflator investigation and recalls (and more Congressional hearings); multiple legislative proposals seeking to increase the civil penalty ceiling and expand NHTSA’s enforcement authority; and an unprecedented number of other recalls, civil penalties, and investigations. In the midst of this active enforcement environment, the agency also continued its busy rulemaking docket, including major actions related to V2V communications, distracted driving, and other initiatives.
The president’s recent announcement of plans to ease the 54-year old embargo of Cuba engendered great excitement and anticipation on the part of U.S. companies eager to do business in Cuba. However, although these proposed changes are expected to create business opportunities in several key sectors, the automotive industry is unlikely to realize any immediate benefit. Current law prohibits the export of automobiles and auto parts to Cuba, and the president’s announcement included no proposal to ease or change that law. However, although there appear to be no immediate opportunities in Cuba for the American automotive industry, this situation is fluid and opportunities may arise in the future. Continue reading this entry
Recent U.S. and international antitrust developments will have important implications in 2015 for the automotive industry. U.S. antitrust developments include, in particular:
- The ongoing antitrust investigations and civil damage litigation involving the auto parts industry;
- Ever-increasing pressure for effective legal compliance programs; and
- Challenges to mergers (large and small, non-reportable) underscoring continued tough and aggressive enforcement of the merger laws. Continue reading this entry