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Seyfarth Shaw LLP

Electric and Autonomous Vehicles Go Mainstream on Super Bowl Sunday

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As the Kansas City Chiefs fought to a thrilling come-from-behind victory in Super Bowl LIV on Sunday, a series of high-profile television commercials announced that electric and autonomous vehicles are no longer mere designs...more

Robins Kaplan LLP

Financial Daily Dose 10.9.2019 | Top Story: Chair Powell says Fed will Expand its Treasury Securities Holdings

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Fed Chair Powell, speaking at an economics conference in Denver yesterday, made news by indicating that the central bank would “once again begin expanding its portfolio of government-backed securities”—a shift in policy...more

Foley & Lardner LLP

As Detroit Auto Show Approaches, Auto Fans Await the Big Reveals

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Each year, the Detroit Auto Show includes spectacular “reveals” by automakers- new vehicles, concept cars, and new advances in technology. This year is shaping up to include some exciting new releases for fans of the next big...more

Foley & Lardner LLP

GM's Planned Cuts Require Action by Its Suppliers

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In the face of what General Motors’ CEO Mary Barra calls a “fast-changing market,” this week General Motors announced its plans to end the production of certain vehicles, reduce its North American work force by more than 10%,...more

Robins Kaplan LLP

Your Daily Dose of Financial News

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General Motors delivered the harsh news on Monday that it plans to idle five North American factories and cut more than 14,000 jobs in an effort to save costs....more

Foley & Lardner LLP

From Econobox to Land Yacht: Upsizing Electric Vehicles for Larger Margins

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When the Toyota Prius was first introduced to the United States back in 2000 (and to Japan earlier in 1997), it set the stage for a distant future tsunami of hybrid models. However, early hybrid models were aimed at meeting...more

Foley & Lardner LLP

As Consumers Express Concerns Over Cybersecurity, Automakers and Public Officials Address Cybersecurity Strategy

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Issues of cybersecurity in vehicles are high on consumers’ list of concerns in buying new vehicles. It also impacts public perception of self-driving cars, with a 2017 Cox Automotive survey finding 40% of consumers expressed...more

Foley & Lardner LLP

GM Maven’s Peer-to-Peer Car Rentals Break New Ground in Car Ownership

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Earlier this week, General Motors unveiled its latest introduction of peer-to-peer (P2P) car sharing on its Maven platform. Up until now, the Maven fleet consisted of GM-owned vehicles parked around 11 cities in the United...more

Foley & Lardner LLP

Jumpstarting the Competition: General Motors and Honda Partner on Next-Generation Electric Vehicle Batteries

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Mirroring Kevin Durant joining forces with his direct competition, the Golden State Warriors, Honda and General Motors (“the companies”) have teamed up – working together on next-generation electric vehicle (“EV”) batteries –...more

Foley & Lardner LLP

Automakers Celebrate Strong June Sales as Industry Prepares for Potential Impact of Tariffs

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Automakers reported strong June sales in the United States. Riding a wave of truck sales and new crossovers, GM posted a 4.6% increase for the second quarter and increased its market share to 16.6%. Ford increased total sales...more

Dechert LLP

Court Ruling Signals Potential Expansion of Civil RICO Liability to Include Automotive Suppliers in Emissions Violations Cases

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A U.S. federal district court, on February 20, 2018, declined to dismiss class plaintiffs’ civil RICO claim against GM and a major automotive supplier, where plaintiffs alleged that GM and the supplier conspired to defraud...more

Foley & Lardner LLP

The Dawn of Self-Driving Rideshares Has Already Arrived

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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...more

Foley & Lardner LLP

Does Repeal of the EV Tax Credit Really Matter?

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Last week, Republicans in the U.S. House of Representatives released their first attempt at tax reform legislation. Buried in the proposed legislation is a repeal of the current tax credit of up to $7500 to purchasers of...more

Robins Kaplan LLP

Your Daily Dose of Financial News

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Tesla’s hoping that a manufacturing plant in China—the first in the country wholly owned by a foreign manufacturing company—will translate into big sales in the Chinese market. With the Chinese government loath to give up the...more

Foley & Lardner LLP

Lessons That Manufacturers Can Learn From Automotive Recall Issues

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By now, anyone not living under a rock for the last 18 months is no doubt aware of the high-profile recalls that have been roiling the automotive industry. Although the long-running GM ignition switch recall may be the most...more

Faegre Drinker Biddle & Reath LLP

Pin the Blame on the Corporate Officer: Senators Introduce Hide No Harm Act

Three Senate Democrats recently introduced a bill that seeks to hold company executives of a product maker or seller criminally liable for knowingly "failing to inform and warn of serious dangers" associated with a product....more

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