...Given that the original epicenter of the coronavirus was the important worldwide manufacturing hub of Wuhan, China, the automotive industry was swiftly and seriously impacted in ways that continue one year later. The...more
That question, as we brace for the continuing effects of COVID-19, is at the top of executives’ minds. And yet each vision seems to beget more questions: about alternative supply chain models and contract terms, about...more
9/29/2020
/ Business Disruption ,
Business Strategies ,
C-Suite Executives ,
Canada ,
China ,
Contract Terms ,
Coronavirus/COVID-19 ,
Manufacturers ,
Mexico ,
Natural Disasters ,
Suppliers ,
Supply Chain ,
Tariffs ,
Transparency
This report identifies resiliency and innovation considerations for manufacturers and provides frameworks and tools for you to evaluate how those considerations impact your business....more
9/29/2020
/ Analytics ,
Artificial Intelligence ,
Big Data ,
China ,
Coronavirus/COVID-19 ,
Driverless Cars ,
Innovation ,
Manufacturers ,
Risk Mitigation ,
Robots ,
Supply Chain ,
Trade Wars
In many cases where a supplier in the automotive industry is in financial distress, its customer(s) will provide support to the supplier through financial and other accommodations, in order to maintain a continued flow of...more
On April 6, 2020, Governor Cuomo issued an Executive Order extending New York’s density-mitigation measures through April 29, 2020. In addition, among other things, the Order provides for the virtual witnessing of wills,...more
4/13/2020
/ Business Closures ,
Business Interruption ,
Coronavirus/COVID-19 ,
Critical Infrastructure Sectors ,
Essential Functions ,
Executive Orders ,
Governor Cuomo ,
Healthcare ,
Manufacturers ,
Operators of Essential Services ,
Retailers ,
Virtual Notarization Procedures ,
Virtual Witnessing
With backing from the United Autoworkers Union, General Motors, Ford and Fiat Chrysler (along with several other global OEMs) last week announced that they were suspending operations at all U.S. manufacturing facilities...more
As the coronavirus outbreak continues to wreak havoc on markets and industries in the U.S. and around the world, businesses are now confronting significant and unique challenges. Successful navigation of these challenges...more
3/21/2020
/ Breach of Contract ,
Business Interruption ,
business-int ,
Class Action ,
Commercial General Liability Policies ,
Coronavirus/COVID-19 ,
D&O Insurance ,
Failure To Warn ,
Force Majeure Clause ,
Impracticability ,
Infectious Diseases ,
Insurance Claims ,
Manufacturers ,
Mergers ,
Suppliers ,
Supply Chain
On March 18, 2020, North American carmakers, including the Detroit Three, announced temporary closures of U.S. and North American manufacturing facilities until at least March 30, 2020 due to the coronavirus outbreak. Below...more
The coronavirus (also known as COVID-19) has now been documented in more than 100 countries and territories. As the coronavirus outbreak continues to wreak havoc on markets and industries in the U.S. and around the world,...more
3/18/2020
/ Business Disruption ,
Business Travel ,
Coronavirus/COVID-19 ,
Cybersecurity ,
Force Majeure Clause ,
Infectious Diseases ,
Insurance Contracts ,
Manufacturers ,
Material Adverse Change Clauses (MACs) ,
Remote Working ,
Risk Management ,
Risk Mitigation ,
Suppliers ,
Supply Chain ,
Supply Contracts ,
Technology Sector ,
Workplace Safety
The coronavirus (provisionally named SARS-CoV-2, with its disease being named COVID-19) has now been documented in more than 100 countries and territories. Over 110,000 cases have now been documented across the globe,...more
3/10/2020
/ Commercial Contracts ,
Coronavirus/COVID-19 ,
Energy Projects ,
Energy Sector ,
Force Majeure Clause ,
Infectious Diseases ,
Manufacturers ,
Oil & Gas ,
Public Health ,
Suppliers ,
Supply Chain
We are in "unchartered territory" with the coronavirus, or COVID-19, according to the the World Health Organization's Director-General Tedros Adhanom Ghebreyesus.
The virus has been documented in more than 70 countries and...more
3/10/2020
/ Acquisitions ,
Business Interruption ,
Coronavirus/COVID-19 ,
Force Majeure Clause ,
Health and Safety ,
Infectious Diseases ,
Manufacturers ,
Manufacturing Facilities ,
Material Adverse Change Clauses (MACs) ,
Mergers ,
Public Health ,
Risk Management ,
Suppliers ,
Supply Chain ,
Supply Contracts ,
Workplace Safety
...The coronavirus (provisionally named SARS-CoV-2, with its disease being named COVID-19) has now been documented in more than 70 countries and territories. More than 90,000 cases have now been documented across the globe,...more
3/6/2020
/ Automotive Industry ,
Best Practices ,
Business Travel ,
Centers for Disease Control and Prevention (CDC) ,
Coronavirus/COVID-19 ,
Emergency Management Plans ,
Employer Liability Issues ,
Infectious Diseases ,
Manufacturers ,
Travel Restrictions ,
Traveling Employee
...The coronavirus (provisionally named SARS-CoV-2, with its disease being named COVID-19) has now been documented in six of the world’s seven continents, with more than 80,000 cases, sparing only Antarctica. Closer to home,...more
2/27/2020
/ Acquisitions ,
Business Interruption ,
Coronavirus/COVID-19 ,
Distributors ,
Employer Liability Issues ,
Force Majeure Clause ,
Health and Safety ,
Infectious Diseases ,
Insurance Claims ,
Manufacturers ,
Manufacturing Facilities ,
Material Adverse Change Clauses (MACs) ,
Mergers ,
Public Health ,
Purchase Agreement ,
Reporting Requirements ,
Risk Management ,
Suppliers ,
Supply Chain ,
Supply Contracts ,
Workplace Safety
On February 11, 2020, the Michigan Court of Appeals issued a significant decision that impacts manufacturing supply contracts – especially those in the automotive industry – holding that a buyer may enforce a supply contract...more
2/20/2020
/ Appeals ,
Automotive Industry ,
Buyers ,
Contract Interpretation ,
Contract Terms ,
Manufacturers ,
Purchase Agreement ,
Sellers ,
Suppliers ,
Supply Chain ,
Supply Contracts ,
Terms and Conditions
...The Impact of Emerging Technologies on Global Automotive Supply Chains -
The intense focus on autonomous vehicles and electrification we see today shows no signs of slowing down: in the new automotive industry, every...more
2/13/2020
/ Antitrust Provisions ,
Automotive Industry ,
Chapter 11 ,
Commercial Bankruptcy ,
Data Privacy ,
Employer Liability Issues ,
Intellectual Property Protection ,
Manufacturers ,
Motor Vehicles ,
NHTSA ,
Supply Chain ,
United States-Mexico-Canada Agreement (USMCA)
While the economy overall is strong and vehicle sales are still robust, there are risks in the industry that may affect the supply chain and cause disruptions throughout the year. Chief among these are the ongoing concerns...more
3/25/2019
/ Automotive Industry ,
Bankruptcy Preferences ,
China ,
Commodities ,
Debt Restructuring ,
Federal Reserve ,
Interest Rates ,
Manufacturers ,
Supply Chain ,
Tariffs ,
Trump Administration ,
US Trade Policies
While the U.S. economy overall is strong, there are risks that will likely affect the automotive supply chain in the coming year. These include tariffs on products such as steel and aluminum, and continuing trade disputes...more
2/27/2019
/ Automotive Industry ,
China ,
Commodities ,
Fixed Price Contracts ,
Insolvency ,
Manufacturers ,
Steel Industry ,
Suppliers ,
Supply Chain ,
Tariffs ,
Uniform Commercial Code (UCC)
Given the pace of change in the automotive space and related technologies, combined with increasing regulatory scrutiny and recent developments in trade and M&A, the global automotive industry can anticipate several risks and...more
1/23/2019
/ Acquisitions ,
Antitrust Violations ,
Automotive Industry ,
Cybersecurity ,
Employer Liability Issues ,
Foreign Corrupt Practices Act (FCPA) ,
Intellectual Property Protection ,
International Labor Laws ,
Manufacturers ,
Mergers ,
NAFTA ,
NHTSA ,
Supply Chain ,
Tariffs ,
Trade Relations ,
Transportation Industry ,
Trump Administration ,
United States-Mexico-Canada Agreement (USMCA)
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
As the economy has improved and unemployment has fallen in the nearly 10 years since the Great Recession, North American vehicle sales volumes have also steadily increased and the forecast remains strong for 2018. Bloomberg...more
While American manufacturing has experienced a resurgence in recent years, some manufacturers continue to face challenges. Witness for example the recent chapter 11 filings of Colt, Boomerang Tube, and Everyware Global....more
Foley’s Automotive Industry Team has prepared this overview of the major trends we see affecting automotive suppliers this year. While not all legal risk can be anticipated, companies that are aware of litigation,...more
1/12/2015
/ Americans with Disabilities Act (ADA) ,
Antitrust Provisions ,
Auto Parts ,
Automobile Recall ,
Automotive Industry ,
Department of Justice (DOJ) ,
Employer Liability Issues ,
Export Controls ,
Foreign Corrupt Practices Act (FCPA) ,
Manufacturers ,
NHTSA ,
NLRB ,
Suppliers ,
V2V