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January 2021 edition

EUROPE AUTOMOTIVE
A US-UK trade deal offers future benefits for UK Auto

In Germany, electric cars struggle to get into gear

UK carmakers have three years to source local electric car batteries

OUTLOOK '21: Europe automotive industry will continue to be haunted by pandemic aftermath

Brussels approves €2.9 billion investment into battery innovation

Truck makers gear up to go fossil-free by 2040, but EU and member states need to step up their game

INTERVIEW OF THE WEEK
The latest Audio Interview features Philippe Thegner, Senior Advisor at the Strategic and Investment Advisory firm Automobility Ltd., and Chairman of the Automotive Aftermarket Supplier Association’s China Aftermarket Forum, the main aftermarket supplier association in China since 2014, acting as Chairman since 2018.
Listen to Philippe Thegner Interview here
EUROPE AUTOMOTIVE (continued) ...


Turkey bright spot in European auto industry in pandemic year

Commercial vehicle registrations: -18.9% in 2020; -4.2% in December

EU: Automotive Regulatory Guide – 2021

5 reasons why Catalonia is Southern Europe’s connected vehicle hub

Christian von Albrichsfeld, Continental Romania: “We aim to strengthen operational performance, differentiate our portfolio”

Slovakia struggles to keep pace with rapidly transforming car sector

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

Russian Regulators set Standard for Automotive Bigdata

VW Expands German EV Charging to Meet Demand

Hyundai’s First BEV Airport to Take-Off in UK

THOUGHT LEADERSHIP
This Interview features Ryan Robinson. Mr. Robinson is the research leader supporting the global Automotive sector for Deloitte’s Consumer Industry Center at Deloitte LLP. His primary focus is creating engaging, actionable insights to deepen the conversation around key trends and issues occurring across the global automotive sector landscape.
Listen to Ryan Robinson Interview here
This Audio Interview features Mirko Woitzik, Manager EMEA, Risk Intelligence at DHL – Resilience360, and based in Germany. He is also the author of the report on ‘research showing the impact of COVID-19 on EMEA Automotive Industry.
Listen to Mirko Woitzik Interview here
Listen to over 100 Interviews with Experts on global automotive related topics:
View list of over 100 Interviews here
ONLINE FEB. 2-5: "India Automotive Technology Partnership Summit & Expo" and Match-Making Event by ACMA: Automotive Component Manufacturers Association of India.

To learn more or to register (free), visit here.
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SUPPLY CHAIN, LOGISTICS AND TRADE

EU pins hope on Norway raw materials discovery

A month on, post-Brexit ‘teething problems’ hit UK-EU trade

Electric vehicles granted grace period to avoid Brexit tariffs

Tax Alert: The EU–UK Trade and Cooperation Agreement

European Commission defends China trade deal after MEP warning

BREXIT: Update of the UK-Mexico Trade Continuity Agreement

UK applying to join Asia-Pacific free trade pact CPTPP

Spain Brings Back Land Border Controls With Portugal Due to COVID-19

WHITE PAPER: "OEM’s Key to Aftermarket Parts Growth"
Sustain High Order Fulfillment Across Cycles with World-Class Demand & Supply Collaboration. Download here.

WHITE PAPER: "Big Future for Big Data in Manufacturing"
Right now, a revolution is taking place in the manufacturing sector – and it’s focused on Big Data. Download 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.
MANUFACTURING & ECONOMY

Euro zone factory recovery faltered in January but still strong: PMI

What to expect from Europe’s economic recovery in 2021

Europe’s Economy Surprises at End of Pandemic Year: GDP Update

German American Business Outlook 2021

Survey results | German-British Business Outlook 2021

Europe’s jobless rate steady, but doesn’t tell whole story

High corporate debt dampens Russia's growth prospects

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 and other opportunities, contact:
Ron Hesse - RHesse@GlobalAutoIndustry.com

Or visit our International M&A and Investment page here.
FINANCE, TAX, LEGAL AND M&A

Post-Brexit taxes for steel 'very damaging', says Kinnock

Chinese investments in Europe

Emerging Europe M&A eyes rebound after strong end to year

EU Aims to Seal Data-Flow Deals With U.S. and Britain

Germany's new data strategy may come 'too late'

Brussels launches new offensive against US dollar supremacy

New protocol to the UK-Germany double tax treaty signed

WORK FROM HOME?

Madeira to digital nomads: Come work with us
https://www.cnn.com/travel/article/madeira-portugal-digital-nomads/index.html

Interlaken, Switzerland revealed as the top secluded area to stay connected while working remotely
http://hrnews.co.uk/interlaken-switzerland-revealed-as-the-top-secluded-area-to-stay-connected-while-working-remotely/

HR & TALENT MANAGEMENT

The Brexit Guide for International Employers (download report)

Brexit uncertainty prompting 1 in 3 young people to consider leaving the UK for work

France Bans Non-Essential Travel to & From Non-EU Countries

Proceed with Caution When Remotely Monitoring Employees in the EU

Germany’s jobless figures better than anticipated

Podcast: Employment law post Brexit – what changes are afoot?

Top 5 tips for learning a new language at work

This Interview “As Global Travel Returns to Auto Industry: Protecting You, Your Family, and Employees” features Allen C. Koski. Mr. Koski is President of Insured Nomads, the first insurtech in global benefits. Previously Allen was a Senior Vice President at United Healthcare Global and prior to that instrumental in the growth and development of Cigna Global in roles that ranged across sales and sales leadership.
To listen to Interview, click here.
Listen to Allen Koski Interview here
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.
EVENTS

VIRTUAL EXPO (February 2 - 5, 2021) by ACMA (India Auto Suppliers Trade Association)
"INDIA: International Technology and Matchmaking Expo"
To learn more, download brochure, or to register, visit here.

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.

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