News & Analysis as of

U.S. Treasury Suppliers

Foley & Lardner LLP

Foley Automotive Update - December 2023 - 2

Foley & Lardner LLP on

Key Developments - Full-year 2023 U.S. new light-vehicle sales are expected to reach 15.5 million units, and increase to 15.9 million units in 2024, according to projections from S&P Global Mobility. Global light-vehicle...more

Sheppard Mullin Richter & Hampton LLP

Domestic Content Requirements of the Inflation Reduction Act: Basic Requirements, Qualification Analysis, and Lingering Questions

For years, domestic content requirements have been a point of pain and frustration for government contractors. Historically, these regimes typically come in the form of the proverbial stick – that is, provide products and/or...more

Foley & Lardner LLP

Tough New Iran Sanctions Could Impact Automotive Suppliers

Foley & Lardner LLP on

Multinational companies in the automotive supply sector could face heightened enforcement risks under new sanctions on Iran. Effective March 8, 2013, U.S. parent companies will become liable for Iran-related sanctions...more

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