What's New at the SAA
PATHWAYS TO GROWTH IN M&A ACTIVITY
Receive an update on the state of mergers and acquisitions in the automotive industry and hear from experts on numerous topics such as what makes the auto sector attractive to private equity and other investors. The event is May 21 at the Detroit Athletic Club, and is being held in partnership with Conway MacKenzie.
10th ANNUAL OEM PURCHASING EXECUTIVES SUMMIT
Registration is now open for the popular OEM Purchasing Executives Summit will take place June 18, 2019 at Faurecia. Hear from the purchasing execs from the Big 6 automakers. There will be an extended Q&A session followed by the opportunity to meet the executives and members of their staff.
32nd ANNUAL AUTOMOTIVE OUTLOOK CONFERENCE
More than 120 industry executives attended the 32nd Annual Automotive Outlook Conference on Jan. 13. This event sets the stage for the first week of the North American International Auto Show and educates attendees on what to expect on the year ahead. Attendees heard from leading analysts, Rivian Automotive executives and more. Presentations can be seen in the Members Section.
• Register Now for Pathways to Growth in M&A Activity
• Meet OEM Purchasing Execs and Their Staff at 10th Annual OEM Purchasing Executives Summit
• New Plante Moran Podcast Reviews the Future of Mobility
• The Auto Industry is Leading a Slowdown, Says Strategist
• Falling Mercedes-Benz Sales Are More Bad News for Auto Industry
• Sedans are Dead? Not So, According to Some Automakers
• Waymo Factory Plan in Detroit Spotlights Talent Needs
• Ford is Making its Own Electric Truck, So Why is it Investing in Rivian?
• How Automakers, Tech Companies Can Turn Driverless Plans into Dollars
• Auto Industry Consolidation to ‘Focus on Selective Alliances’
General Motors announced a significant restructuring on November 26th 2018, including a 15% reduction in their salaried workforce, the shuttering of the Lordstown and Detroit-Hamtramck assembly plants in the US and the Oshawa assembly complex in Canada in 2019. In addition, the Baltimore Operations and Warren Transmission plants will also be shut down in 2019.
So in a current environment with an economy that is likely to grow near the 3% level, a US auto industry holding steading above the 17 million unit level and GM earning nearly $6 billion through the first 3 quarters of 2018, many are asking, why would GM make cuts of this magnitude now?
The U.S. increased the tariff rate from 10% to 25% on $200bn of Chinese exports. At the same time, President Donald Trump threatened to impose tariffs on all remaining Chinese exports to the U.S.Read More
Last Sunday I was honored to present FSG’s Global Economic Outlook at the Society of Automotive Analysts’ Outlook conference in Detroit, the unofficial kickoff of the prestigious North American international Auto Show. I lightheartedly titled my presentation “How to Stop Worrying and Love Volatility” because 2019 promised to feel even more unstable for business and investors than 2018.Read More
Autonomous Vehicles (AVs), especially Shared Autonomous Vehicles (SAVs), have created a huge buzz over the last few years. An SAV is the transformative AV type that has the potential to revolutionise personal mobility and reduce the need, or desire, for people to own a car. We expect that SAVs will, in the end, achieve this outcome, but the industry appears to be aligning with our view that the race towards widespread AV provision is a marathon, not a sprint.Read More
Kirsten Hewson is the 2018 recipient of SAA’s Thought Leader of Tomorrow Scholarship. Kirsten, who grew up in Royal Oak, Mich., is currently studying marketing at Oakland University. Q) What is your career goal? A) My career goal is to become a marketing manager or a brand manager. I would love to work on a…Read More
Automotive technologies will be fresh, exciting and innovative but the uncertainties caused by Brexit, the United States-Mexico-Canada Agreement (USMCA) and China taking its foot off the growth accelerator will threaten to throw a spoke in the wheel. We’re likely to see the fall of an automotive giant, the (near) extinction of a car segment that has long defined the popular vision of the automotive industry, a windfall for the titans of new mobility, and much, much more technology-driven disruption.