Tag Archives: India

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

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