Tag Archives: China

GM Announces Plan to Introduce 20 New Electric Vehicles by 2023

electric vehicles
On Monday, General Motors announced plans to execute on its commitment to a future with “zero emissions, zero congestion and zero crashes.” Two new all-electric vehicles (based on learnings from the Bolt) will be introduced over the next 18 months, part of a whopping 20 new all-electric models that will launch by 2023.  In addition, GM … Continue reading this entry

Is this the end of the Internal Combustion Engine?

internal combustion engine
Recently, my 16-year-old son jumped into my car to drive it.  It was his first time driving my car.  My car does not have keyless ignition.  He hopped in the driver’s seat, threw the keys into the cup holder and asked “where is the button”?  He quite literally had no idea that some cars require … Continue reading this entry

China Joins the Club of Nations Planning Fossil Fuel Car Bans

As this blog has reported over the last few months, several countries have announced their intention to ban the sale of internal combustion-powered cars in the coming years.  But the latest to take this step—China—might be the most impactful of all in many ways.… 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

As Analysts Predict Slowdown In Sales Growth, Auto China 2016 Showcases Rise of SUVs in China

Many of the stories coming out of Auto China 2016 are showcasing the SUVs and luxury SUVs at the show. Highlights include SUVs and crossover SUVs concepts from VW (VW T-Prime Concept GTW), Infiniti (QX Sport Inspiration), Mazda (CX-4, only sold in China), Honda (Concept D), GM (Cadillac XT5), Ford (Everest SUV), and Mercedes (GLC … Continue reading this entry

U.S. Manufacturing Continues as World Leader

Suppliers Positive, Again, per OESA Survey
The latest Research Briefing from Oxford Economics claims that the U.S. manufacturing sector is “the most competitive worldwide.” Pretty strong statement there. Reading the news (or here, or here, or here, etc.), one would find it hard to believe, so let’s dive deeper.… Continue reading this entry

International Monetary Fund’s Forecast for Global Economy Cools

Even as experts are signaling caution in their outlook for the automotive sector, the International Monetary Fund (IMF) is lowering its forecast of economic growth for this year. In its April 2016 report, the IMF reduced its January 2016 projection of global economic growth from 3.4% to 3.2%, citing a variety of risk factors that … Continue reading this entry

China Auto Regulatory Trends 2016: New-Energy, Materials Restrictions, Recalls and Emissions Figure Prominently

China has launched or announced a significant number of regulatory initiatives in the automotive sector over the first months of 2016. I have selected a number of regulatory initiatives representing such trends, below, from my work on China compliance issues and discussions with relevant regulatory authorities.… Continue reading this entry

Top 3 Automotive Trends to Watch For in 2016

Cybersecurity Manufacturers in the auto industry continued to face challenges and find opportunities related to cybersecurity in 2015, and those trends are expected to intensify in 2016. New laws and new threats (discussed in more detail here and here) have either incentivized or required manufacturers to evaluate their cybersecurity strengths and weaknesses, then capitalize on the … Continue reading this entry

2016 Automotive M&A Outlook

The automotive industry experienced extraordinarily high levels of deal activity in 2015. Mergers and acquisitions (M&A) in the sector are expected to remain strong in 2016, but deal volume and frequency may slightly taper off. Below is a summary of four key factors, taken from our recently published white paper on the subject, affecting automotive … Continue reading this entry

Will China’s Currency Devaluation Complicate the Trans-Pacific Partnership?

As trade ministers from 12 Pacific Rim countries continue to negotiate the Trans-Pacific Partnership (TPP) deal, participants in the auto industry on both sides of the Pacific are watching talks closely, as the outcome of these talks will potentially affect their businesses on fronts ranging from domestic content thresholds to intellectual property protection to the … Continue reading this entry

European Auto Sales Remain Strong, While Chinese Auto Sales Continue to Sink

As we posted earlier this year, car sales in the European auto industry have been on the upswing for nearly two years. This continued in July as sales rose in Germany, France, Italy, and Spain. Spain posted the biggest gain, with a 24 percent increase in car sales, marking 23 straight months of growth. Sales … Continue reading this entry

The Maturing of China's Auto Market

The Center for Automotive Research held its 50th anniversary Management Briefing Seminars event last week in Traverse City, Michigan. The theme of the conference was “Competition Rules!” and featured an in-depth look at the global automotive industry, including current competitive trends. Kudos to CAR for another fantastic MBS, despite the curveballs that Mother Nature and her straight-line … Continue reading this entry

Why It's Wise to Pay Attention to Your FCPA Compliance

Companies in the automotive industry would be wise to pay attention to Foreign Corrupt Practices Act (the “FCPA”) compliance. What has in the past been a risk management issue principally for massive multi-national corporations is now a real and serious risk for almost any company – large, medium or small; public or private – that sells products, … Continue reading this entry

The Foreign Corrupt Practices Act: A Pitfall in International Trade

Department of Energy Makes it Easier to Access Low-Interest Financing
Just as in 2014, the Foreign Corrupt Practices Act (“FCPA”) should be top of mind for any automotive company conducting or considering international business. Indeed, any doubts that the government was still interested in investigating and prosecuting companies and individuals for violations of the FCPA, were put to rest in 2014. This is so because government enforcement … Continue reading this entry

Are You Focused on FCPA Compliance? You Should Be

What’s Next for Conflict Minerals Rules After D.C. Circuit Decision?
The topic of FCPA compliance should be top-of-mind for U.S. auto industry companies who do business with third-party intermediaries and subsidiaries overseas, particularly in known “hot spots” such as China, India, Russia, Mexico, and Brazil. Enforcement activity by the U.S. Department of Justice shows no signs of slowing, and other countries have started to ramp … Continue reading this entry

China Market Update

U.S. and Japan Continue Talks on Auto Tariffs
The Original Equipment Suppliers Association (OESA) recently presented on February 4th its annual China Market update webinar, and as usual a lot of great information was imparted to OESA members. The presentations included a review of the “China Auto Market Dynamics” by Yale Zhang, Managing Director of Automotive Foresight in Shanghai, and a review of … Continue reading this entry

Transforming the China Automotive Industry – Finding a Path Forward

The Global Automotive Forum 2014 was held in Wuhan, China October 16-17. This was the fifth annual convening of the event by the China Council for the Promotion of International Trade (CCPIT), the last two of which have been held in Wuhan. The official title of the program was “The Vision for the Transformation of China’s … Continue reading this entry

China's Auto Industry Invests in Michigan

With more than $1 billion invested in Michigan each year, Michigan is a top destination for Chinese investors. According to Jerry Xu, the President of the Detroit Chinese Business Association, Chinese investors are coming to Detroit and Southeastern Michigan to partner with American companies and manufacture auto parts that will be supplied to Detroit’s auto … Continue reading this entry

IP Protection in China: Strategies for a New Era

Recently, China sought to reassure foreign investors that it would never close its doors to the outside world and was committed to making China a fairer place to conduct business. “We are protecting the legitimate rights of foreign enterprises according to law,” said Chinese President Xi Jinping during a roundtable discussion with international business leaders … Continue reading this entry