What's New at the SAA
10th ANNUAL OEM PURCHASING EXECUTIVES SUMMIT
PATHWAYS TO GROWTH IN M&A ACTIVITY
SAA members and guests received an update on the state of mergers and acquisitions in the automotive industry and heard from experts on numerous topics such as what makes the auto sector attractive to private equity and other investors. The May 21 event at the Detroit Athletic Club was held in partnership with Conway MacKenzie.
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.
• Meet OEM Purchasing Execs and Their Staff at 10th Annual OEM Purchasing Executives Summit
• Obtain Free Access to AutoBeat Daily
• Automakers Say Trump’s Threatened Mexico Tariffs Would Cost Billions
• Renault Poised to Merge with Fiat Chrysler, a Move that Could Reshape Auto Industry
• Study: Auto Industry Slow to Build Trust, But Many Brands Making Strides
• Piled-Up Inventory Prompts the U.S. Auto Industry to Cautiously Amp up Discounts
• Major Automakers Post U.S. Higher May New Vehicle Sales
• American Trucks Have Gotten Too Damn Big
• Small Crossovers on the Rise in U.S.
• New Car Sales for May 2019: Winners and Losers
• Here’s How a Fiat Chrysler-Renault Merger Could Spark Some Mega Auto Deals
The US plans to impose a 5% tariff on all imports from Mexico, starting on 10 June. The duty will increase by 5% every month, until reaching a cap of 25% in October.
In 2018, a total of $372 billion in goods and services were imported from Mexico, while the US exported $299 billion to Mexico. Completed vehicles and auto parts from Mexico accounted for $93 billion, or 25% of the total, while vehicles and parts to Mexico amounted to $22 billion, or 7% of the total. How will these tariffs affect the industry?
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.