DOT Issues Scathing Internal Report of NHTSA’s Defect Investigation Processes

What’s Next for Conflict Minerals Rules After D.C. Circuit Decision?

In the wake of GM’s ignition-switch, the Secretary of Transportation, Anthony R. Foxx, directed an investigation into NHTSA’s defect investigation policies and procedures. Specifically, Secretary Foxx requested that the U.S. Department of Transportation’s Office of the Inspector General (OIG) assess NHTSA’s Office of Defects Investigation’s (ODI) procedures for (1) collecting vehicle safety data, (2) analyzing the data and identifying potential safety issues, and (3) determining which of these issues warrant further investigation. On June 22, 2015, the Department of Transportation released the OIG’s report titled “Inadequate Data and Analysis Undermine NHTSA’s Efforts to Identify and Investigate Vehicle Safety Concerns.” Continue reading this entry

Top 3 Cybersecurity Misconceptions

As previously discussed on this blog, cybersecurity is an issue that should be top-of-mind for all companies, including automotive companies. Consumers and politicians are also paying close attention to cybersecurity concerns in the automotive industry. But there are three misconceptions about cybersecurity that can put companies at significant risk. In this video, Foley Partner Michael Overly discusses these misconceptions and how companies should change their views of and approaches to cybersecurity.

 

Manufacturing Contracts in Distress

SupplyChain-Abstract_Light

The automotive industry has recently enjoyed a strong period of sales growth and productivity. But even during this period, some manufacturers and raw materials suppliers continue to face pressures presented by financially troubled customers and suppliers. Witness for example the recent chapter 11 filings of Lee Steel Corporation and Chassix Holdings, Inc. In order to manage supply chain contracts during this period, manufacturers should identify early signs of financial distress in their customer or supplier base and quickly react to that distress in order to successfully navigate through stressful times. Continue reading this entry

Autonomous Driving Means Big Bucks For Everyone

10

New insights from McKinsey & Company demonstrate one common theme: the more autonomous vehicles take over the world, the more money saved and the more revenue earned by almost everyone. McKinsey interviewed over 30 industry experts around the world and came up with Ten Ways Autonomous Driving Could Redefine the Automotive World. Interestingly, they are all cash positive. Continue reading this entry

EU Seeks to Balance Emissions Controls and Global Competitiveness

Sustainability Reporting Standards for the Automotive Industry

The European Union has placed a growing emphasis on climate change policies in recent years, and the week of June 15–19 marks the 10th annual European Union Sustainable Energy Week focusing on “sustainable mobility,” decarbonisation, and other energy topics. Earlier this year, the European Commission released its Energy Union proposal for the Paris Protocol, calling on an agreement and legally binding commitments to reduce global emissions by at least 60% by 2050. The proposal further built on the previous emissions law that the European Union passed  approximately two years ago, targeting significant carbon dioxide emissions by 2020. Continue reading this entry