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Ankura

Rental Car & Mobility Newsletter

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Welcome to the inaugural Rental Car & Mobility newsletter in which we will periodically share leading market indicators and unique industry perspectives. In this edition, our experts focus on electrical vehicle (EV)...more

Seyfarth Shaw LLP

FCA Continues Winning Streak For OEMs On Claims For “Unfair Profit” In Destination Charges

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On Friday, December 22, 2023, FCA US LLC, the manufacturer of Chrysler, Jeep, Dodge, Ram vehicles, among others, scored the latest in a series of victories for automakers over claims by consumers that “destination charges”...more

Jones Day

China's Supreme Court Ruling Likely to Prompt More Follow-on Antitrust Litigation

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In Short - The Development: China's Supreme People's Court recently ruled for the plaintiff in Miao Chong v. SAIC-GM, which marked a rare triumph for a plaintiff in antitrust litigation as a follow-on to an administrative...more

Foley & Lardner LLP

Dealer Net Profits Rise During Supply-Chain Crunch

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As everyone reading this blog well knows, there has been a shortage of new vehicles this year due to a variety of factors. Although the auto industry is continuing to struggle with supply-chain constraints, one area that is...more

Robinson+Cole Data Privacy + Security Insider

Walmart and Self-Driving Delivery Cars

Walmart announced that it will begin experimenting with self-driving cars in a pilot program with General Motors-backed Cruise (a tech start-up with electric, self-driving cars) to deliver groceries and other products to...more

Robins Kaplan LLP

Financial Daily Dose 7.15.2020 | Top Story: America’s Biggest Banks Setting Aside Tens of Billions for Anticipated Loan Losses

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The latest quarterly reporting shows that America’s biggest banks—among them, JPMorgan, Citigroup, and Wells Fargo—are taking self-imposed hits now in anticipation of a “wave of loan losses” later. Those three are...more

Seyfarth Shaw LLP

The Financially Distressed Dealership -- Strategies for Auto Franchisors

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Seyfarth Synopsis: As OEMs confront the impact of the COVID-19 pandemic on an already changing automotive industry, one significant issue will be the inevitable financial challenges that many dealers will face. Financially...more

Seyfarth Shaw LLP

COVID-19 Expected To Trigger Sales Declines; OEMs Should Plan Ahead

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Seyfarth Synopsis: At the beginning of 2020, industry pundits predicted only a moderate decline in auto sales for the year. Those “moderate decline” predictions took a sharp turn on Wednesday, with Morgan Stanley slashing its...more

Morgan Lewis

The Next Big Things: Insights for 2020

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Autonomous cars, sports betting, and CBD products have burst onto the scene, setting the stage for major developments in how companies do business and how regulators monitor new innovations....more

Robins Kaplan LLP

Financial Daily Dose 1.31.2020 | Top Story: IBM CEO Ginni Rometty is Out After Eight Years at the Helm

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In a week that’s already seen plenty of C-suite shakeups, we’ve learned that Ginni Rometty is stepping down from her role as CEO at IBM. The company’s cloud computing chief, Arvind Krishna, will take over for her, though...more

Robins Kaplan LLP

Financial Daily Dose 1.16.2020 | Top Story: US and China Make Phase One Official While Trade Questions Linger

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Well, Phase One is official, thanks to a White House signing yesterday that included Chinese Vice Premier Liu He. With that act comes our first substantive look at the deal that’s been thus-far shrouded in secrecy. Some...more

Robins Kaplan LLP

Financial Daily Dose 12.02.2019 | Top Story: US Restores Metal Tariffs on Argentina and Brazil

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The White House will again slap tariffs on steel and aluminum imports from Argentina and Brazil in an apparent reaction to “massive devaluation” of  currencies in both South American nations....more

Robins Kaplan LLP

Financial Daily Dose 11.21.2019 | Top Story: UAW President Resigns After GM Accuses Fiat Chrysler of Bribery

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More than a bit of drama in the auto world yesterday, with General Motors suing rival Fiat Chrysler, accusing it of “bribing United Auto Workers officials to gain competitive advantages in contract negotiations.”  The UAW’s...more

Robins Kaplan LLP

Financial Daily Dose 10.24.2019 | Top Story: Lawmakers Grill Zuckerberg on Libra and Political Ads

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We didn’t get flop sweat Zuck, but it was still a hot seat indeed for Facebook’s founder and CEO on the Hill yesterday, who fielded a wide range of questions from Libra to political freedom of expression on his platform....more

Seyfarth Shaw LLP

“Monroney Stickers” And Protecting Car Buyers From Fraud In The Age Of Online Motor Vehicle Sales

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When Congress adopted legislation in 1958 requiring that manufacturers affix a label—today called a “Monroney sticker”—in the window of each new motor vehicle they produced showing the suggested retail price for the vehicle...more

Robins Kaplan LLP

Financial Daily Dose 8.13.2019 | Top Story: Global Volatility Sends Bonds Yields to Near-Record Lows

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A volatile August on Wall Street has insiders asking whether we should be taking our cues from 1998 or 2007. With that in mind, our financial term of the week is “countercyclical capital buffer,” a wonkish special for you...more

Shook, Hardy & Bacon L.L.P.

Highly Automated and Connected Vehicles Update - July 2019

Local Motors Unveils Olli Fleet Challenge - Local Motors has invited municipalities, campuses and designated districts to propose short-term uses for Olli in Washington and Oregon as part of a global initiative, the Olli...more

Robins Kaplan LLP

Financial Daily Dose 5.29.2019 | Top Story: Amazon to Purge Small-Sellers

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Amazon is prepping to execute a more permanent purge on its orders to smaller, mom & pop suppliers as part of a push to “cut costs and focus on wholesale purchasing on major brands like Procter & Gamble, Sony and Lego” in an...more

Foley & Lardner LLP

Chinese Auto Sales Continue Longest Slump in Decades

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The Chinese automotive industry is suffering its first sustained downturn in at least two decades. As previewed in our July update, sales in China started to turn over the summer. After a 4.8% increase in June, sales fell by...more

Robins Kaplan LLP

Your Daily Dose of Financial News

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JPMorgan has agreed to pay $65 million to US authorities [in the form of the CFTC] to resolve allegations that its traders attempted to manipulate the benchmark rate known as ISDAfix....more

Robins Kaplan LLP

Your Daily Dose of Financial News

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A political crisis in Rome has economics [at least partially] and EU commitment at its core and is reminding some observers of the Greece morass of a few years back. The uncertainty the situation’s creating is not expected to...more

Robins Kaplan LLP

Your Daily Dose of Financial News

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European authorities have opened an investigation into Inter Ikea, one of the Swiss retail giant’s two primary divisions based in the Netherlands, over “concerns that it may have been given unfair tax advantages”....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

Robins Kaplan LLP

Your Daily Dose of Financial News

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Lyft, armed with a fresh billion from Google’s venture investment arm (CapitalG), is looking seriously at a 2018 IPO. The CapG money raises Lyft’s valuation from $6.9 billion to more than $10 billion....more

Robins Kaplan LLP

Your Daily Dose of Financial News

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A roundup on Richard Thaler, the U Chicago professor named Monday as the winner of this year’s Nobel Prize in economics for his groundbreaking work in behavioral economics (and the consistently irrational human nature)....more

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