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January 2021 edition
U.S. and CANADA AUTOMOTIVE
Report: Apple and Hyundai hope to reach deal for Apple Car by March, begin US production in 2024

Making an Apple EV Is a Poisoned Chalice for Car Companies

Don’t Buy Shares of Potential Apple Car Suppliers

North American auto industry feels effects of global microchip shortage

2021 North American Car, Truck and Utility Vehicle of The Year announced

NHTSA Rule Allows R&D Exemptions For U.S. Automakers

Digital transformation: Volkswagen factories in the U.S. and Mexico to link up with the Industrial Cloud

INTERVIEW OF THE WEEK
The latest Audio Interview features Leslie Alan Glick, co-chair of the Butzel Long International Trade and Customs Specialty team. He is a specialist in international trade and customs for over 30 years, and is the author of 5 books on international trade and customs topics, including NAFTA and USMCA. He has given a series of seminars on USMCA-NAFTA 2.0. He is active in importer response to new tariffs under sections 232 and 301(have filed over 50 exclusion requests for clients) as well as complex country of origin rulings. He works with US importers and exporters from Mexico, Brazil, Italy, Austria, France, Germany, China, Turkey, Japan and Vietnam.
Listen to Leslie A. Glick Interview here
U.S. and CANADA AUTOMOTIVE (continued) ...


Detroit Auto Show Canceled For A Smaller Outdoor Event

Reinvestment in automotive sector will change Ontario’s future

Canadian auto sales fell 19.7% in 2020 from a year earlier; lowest level in a decade

Ontario’s automotive reindustrialization? Not so fast

Electrifying the Economy: Tennessee’s Big Push into Electric Vehicles

WRI® Survey: Customer-supplier relations tested during pandemic

"Connected Vehicle Professional Certification" Online Course
OUR MEDIA PARTNERS:


Detroit Three Won’t Mandate COVID Vaccine for Workers

Pivet-Motional Partnership Expected to Spur Robotaxi Services

Skilling Up Through Apprenticeships for Automotive Future

Herman Trend Alert: 2021 Workforce-Workplace Forecast Part 1

Automotive Technician Vs. Mechanic: What’s The Difference?

NHTSA Releases 2019 Crash Data


Mexico Eyes Penalizing Outsourcing

Sanity Returns to the Mexico-United States Relationship

Mexico Legalizes Recreational Pot

THOUGHT LEADERSHIP
This Interview features John Jalovec, CIO Partner with Fortium Partners. He has served as CIO or as an Executive Technology Leader at major Industrial companies that include General Motors, Delphi Automotive, Honeywell, Magna International, Pirelli Corporation, Babcock & Wilcox, and Avery Dennison. He successfully led global business transformations in excess of $500 million, including the $30 billion business carve-out of Delphi Automotive from GM (a Board driven initiative), cited as a best practice case study by Harvard Business Review.
Listen to John Jalovec Interview here
The latest Audio Interview features Andrew Jernigan, CEO and founder of Insured Nomads. He brings rich experience as a travel risk management and insurance professional to cross-border enterprise. He is passionately driven to see insurance and technology advance the levels of service for the international assignee within the corporate environment. Married, with three children he has spent many years living in numerous countries and worked across five continents. In 2015 he was the recipient of the Pollock Scholar Award from Families in Global Transition.
Listen to Andrew Jernigan Interview here
Listen to over 100 Interviews with Experts on global automotive related topics:
View list of over 100 Interviews here
GOING GLOBAL?
FIND IT HERE.
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International insurance for the remote worker, traveler and expat now available for the automotive industry worldwide (family members included)

Whether you are a Germany-based engineer visiting Mexico; an India-based executive moving to France; or a US-based SCM professional headed to China on a short-term assignment; GlobalAutoIndustry.com Partner Insured Nomads has the health and security insurance program you need. This is a truly disruptive solution for the international automotive industry!

Insurance options for automotive industry professionals (and their families), OEMs, suppliers and related companies: Health | Travel | Group | Tailored | Life | Disability.

Get a Quote or Purchase Insurance or learn more, visit Insured Nomads here now.
SUPPLY CHAIN, LOGISTICS AND TRADE
With Rising Raw Material Prices, Companies Should Prepare For Pressures on the Supply Chain

Coronavirus Relief Package Provides Bankruptcy Protection to U.S. Customs Brokers to Help Keep Trade Flowing

Crisis exposes major flaws in the auto supply chain

US Freight Transportation 2021 Rate Outlook: Higher rates dead ahead

Government of Canada & Province of Ontario invest $10M to establish cobalt refinery in N. Ontario; battery-grade cobalt sulfate

South Carolina Ports laying groundwork for larger ships

Trump Targets Asian Tire Imports in Final Month

Why are Foreign Trade Zones Making a Comeback?

How to Prepare Your Warehouse for a Second Wave of COVID-19
VIRTUAL: AUTO INDUSTRY CERTIFICATE (Feb. 11 - Dec. 2) by Wayne State University & AIAG
"8th Annual Auto Industry Certificate in Purchasing and Supply Chain Management – 2021"
To learn more or to register, visit here.

Listen to over 30 Interviews on global supply chain and purchasing related topics.
Visit SCM & Purchasing Interviews page here (listen to over 30 Interviews)
MANUFACTURING & ECONOMY
US Manufacturing Gauge Expands at Fastest Pace Since 2018

Accelerate recovery: Industry 4.0 technologies and middle-market manufacturers

Made in America: 20 Top U.S. Cities for Manufacturers

Canada: Bank CEOs say rebound is coming, but short term 'not as good'

Manufacturing & Distribution 2021 Outlook

Manufacturers Await Possible COVID-19 Regulations

Leading Experts Weigh In On Growing Canada's Economy In 2021

Final Manufacturing Survey of 2020 Finds Cautious Optimism to Close Out Turbulent Year
GLOBAL MERGERS & ACQUISITIONS

CHINA COMPANY FOR SALE:
A U.S.-based precision machining company is looking to sell their CNC machining operation in China with revenues of $12,000,000 and EBITDA $2.5 million.

INDIA AUTO SUPPLIER FOR SALE:
India-based automotive supplier (one of the largest manufacturers of sheet metal components in India) is seeking to be acquired. Revenues $42 million, and EBITDA of (-$1.4 million).

INDIA MACHINERY SUPPLIER FOR SALE:
Well-established, India-based manufacturing supplier of machinery for global automotive and other industries. Company holds patents for 11 basic and 23 derivative models of CNC Machines, and has partnerships/JVs with Italian and Czech Republic based firms.

TURKISH AUTO LEASE PROJECT:
Long-term debt investment of 35 million euros sought to finance growth of a market leader in the Turkish passenger car rental industry. Funds to be used for (a) refinance loans amounting 11 million euros, and (b) acquire new fleet of 24 million euros to satisfy increasing market demand.

LOOKING TO BUY COMPANY:
A Global Automotive Parts Manufacturer is looking to purchase a Manufacturer of Aluminum Automotive Components and Assemblies with an EBITDA between $1 and $5 Million.


To learn more about the above opportunities, contact Ron Hesse - RHesse@GlobalAutoIndustry.com

Or visit our International M&A and Investment page here.
FINANCE, TAX, LEGAL AND M&A
US M&A Outlook for 2021 Appears Positive, Driven in Part by SPACs

Foreign-Owned Company Eligibility for PPP 2.0 Loans

New Corporate Transparency Act Will Impose Beneficial Ownership Reporting Requirements on Many Companies, Particularly Small Businesses

New US Bill Will Punish Foreign Firms’ IP Theft

India: FRAND Concerns In The United States

State Tax Changes Effective January 1, 2021

COVID Relief Bill: Tax Credits for Paid Leave Extended to March 31

Michigan Amends Isolation and Quarantine Requirements for Workers
HR & TALENT MANAGEMENT
US Amends H1B Visa Regime Again; Higher Wage & Skills Prioritised; Lottery System Scrapped

25% of expats bought health insurance to cover family during pandemic

Ford’s Use of AI an Example of Shaping Innovation in MIT Future of Work Session

Recruiting and Retaining Today’s Manufacturing Workforce

Low on workers, manufacturers recruit their executives for the factory floor

Sustaining Industrial Labor Needs During and After the Pandemic

The 10 most in-demand tech jobs for 2021 — and how to hire for them
Listen to over 30 Interviews on international HR related topics.
Visit HR & Talent Management Interviews page here (listen to over 30 Interviews)
This Interview features Chris Bowers, Managing Director of UK-based CMB Automotive Marketing Ltd. Mr. Bowers is a global automotive marketing and communications expert. CMB is a UK-based company, with international offices in Detroit.
Office.
Listen to Chris Bowers Interview here
8th Annual Auto Industry Certificate in Purchasing and Supply Chain Management – 2021

  • Gartner Research recently ranked the WSU undergrad SCM program as one of the top 25 in the United States.
  • Certificate Program open to Participants from around the World
  • By Wayne State University in cooperation with AIAG
  • Dates: February 11 – May 13, 2021, and September 2 – December 2, 2021
  • Held Thursdays from 3:30pm to 7:00pm EST / Detroit time

To learn more, download brochure, or to register, visit here.

EVENTS

VIRTUAL CONFERENCE (January 25 - 29, 2021) by WardsAuto, TU Automotive, Wards Intelligence
"Automotive TECH WEEK Megatrends"
5 Megatrends | 5 DAYS | YOU CHOOSE
To learn more or to register, visit here.

VIRTUAL EXPO (February 2 - 5, 2021) by ACMA (India Auto Suppliers Trade Association)
"INDIA: International Technology and Matchmaking Expo"
For more information or brochure, please contact Ron Hesse - RHesse@GlobalAutoIndustry.com
More info to be posted here next week.

Online Class (starting February 8) by IPWatchdog
"Patent Practice Training: An Introduction to Patent Prosecution"
To learn more or to register, visit here.

VIRTUAL: AUTO INDUSTRY CERTIFICATE (Feb. 11 - Dec. 2) by Wayne State University & AIAG
"8th Annual Auto Industry Certificate in Purchasing and Supply Chain Management – 2021"
To learn more or to register, visit here.

GlobalAutoIndustry.com
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