Analysis by Julie Dautermann, Competitive Intelligence Analyst
This report helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities. Contact your Foley relationship partner, or John R. Trentacosta or Ann Marie Uetz , to follow up. Key Developments
Foley & Lardner LLP Partners Nicholas Ellis and Vanessa Miller are quoted in the Automotive News article, " Stellantis’ course change not a total victory for suppliers ," which looks at Stellantis’ reversal of changes to terms for North America that it imposed on suppliers earlier this year.
U.S. new light-vehicle sales in May are forecast to reach a SAAR of 13.6 million units , representing a decline of 3.3 million units from the same period last year, according to projections by J.D. Power and LMC Automotive .
Bloomberg reports auto suppliers "highly reliant" on gasoline-powered vehicles may increasingly pursue leveraged buyouts and merger and acquisition deals amid the industry’s shift to electrification.
Toyota and Honda finished first and second in Plante Moran’s North American Automotive OEM-Supplier Working Relations Index , and GM held third place, which is consistent with results from last year.
Foley & Lardner attorneys Mark Neuberger and Katelynn Williams shared a number of best practices for automotive employers to consider in response to current trends in union organization . Foley & Lardner attorneys Gary Solomon and Brooke Bahlinger shared key takeaways from the AmericaMakes: RAPID + TCT Additive Manufacturing Conference held in Detroit. The average age of light vehicles on U.S. roads […]