Tag Archives: Automotive

The Dawn of Self-Driving Rideshares Has Already Arrived

rideshare
Over the past few weeks Uber, Waymo, and General Motors have solidified their commitments to the next-generation of transit, one that involves their autonomous vehicles and services moving people around the city with near effortless ease. While Uber announced the plan purchase of 24,000 Volvo SUVs for the self-driving fleets, GM set a target of … Continue reading this entry

E-Commerce Having a Growing Impact on the Automotive Industry

e-commerce
Most sales projections coming out of last month’s North American International Auto Show indicate a slow, gradual, but extended decline following a banner year in 2016. However, competition and sales activity looks to be rousing in one niche area of the industry – the online marketplaces – which is forcing traditional carmakers and sellers to … Continue reading this entry

European Union Posts September Car Sales Record, Asian Markets Continue to Grow

New car sales in Europe grew by 7.3% in September, marking a new record for September.  This growth continued despite concerns over Brexit.  In the first nine months of 2016, European Union passenger auto registrations grew by 8%. Italy, Spain, and Germany posted the largest growth, while France, and the UK also continued gains for … Continue reading this entry

Suppliers: Be Ready When Technology Companies Come Knocking

It is hard to believe that just two years ago, it was news that so many auto companies were attending the Consumer Electronics Show (CES). In contrast, last week’s 2016 CES show featured a full 25% of its keynote speakers from car companies. The Wall Street Journal went so far as to proclaim that “Driverless … Continue reading this entry

Yet Another Forecast – North American Light Vehicle Production Almost 17 Million in 2014

Consistent with many of the forecasts out there, IRN, Inc. is forecasting a 4.5% jump in North American Light Vehicle Production in 2014. If accurate, almost 17 million light vehicles would be sold in 2014 in North America. IRN sees the Detroit 3 up over 6.5% and Nissan continuing to gain on its Japanese rivals. … Continue reading this entry

U.S. Exports Record Number of Vehicles in 2013

Almost two million! Never before in one year has the United States exported so many vehicles around the world. But, in 2014, they will do so according to the Detroit News. More impressively, the big three of Ford Motor Co., General Motors Co., and Chrysler Group LLC account for more than half of those vehicles. The … Continue reading this entry

Auto Suppliers Continue to Grapple with GM’s New Terms and Conditions

General Motors (“GM”) issued new general terms and conditions (“Terms”) for direct material, customer care & aftersales, and tooling purchases effective for requests for quotation issued on or after July 15, 2013. The new terms and conditions are the most extensive revisions to GM’s terms and conditions in years. While GM’s existing contracts with Suppliers will not … Continue reading this entry

New U.S. Sanctions Target Automotive Companies Doing Business in Iran

On June 3, 2013, President Obama signed a new executive order expanding U.S. extraterritorial sanctions on Iran to multinational corporations that engage in significant financial or commercial transactions with the Iranian automotive sector. The move strengthens the new sector-based sanctions regime imposed under the Iran Freedom and Counter-Proliferation Act of 2012 (“IFCA”), which targets business … Continue reading this entry

PARTS Act Could Limit Automotive Design Patent Enforceability to 2.5 Years

On April 23, 2013, H.R. 1663[1] “Promoting Automotive Repair, Trade, and Sales Act of 2013’’ or the ‘‘PARTS Act’’, was referred to the House Judiciary Committee. Similar bill H.R. 3889[2] died in committee last year. The proposed bill is intended to reduce the cost of replacement parts to collision shops by limiting the period of time … Continue reading this entry