What's New at the SAA
EXCLUSIVE PEEK INTO MICROSOFT TECHNOLOGIES
Members enjoyed an exclusive overview of Microsoft’s go-to-market and investments for the Automotive Industry, and a peek into Microsoft Technologies from the Microsoft Technology Center Architects. Following the presentations at the June 15 event, members received tours of the Microsoft Technology Center, which included focused demonstrations of the latest Microsoft technologies.
ARE LITHIUM-SULFUR BATTERIES THE ANSWER FOR EVs?
STAFFING IN THE AUTO INDUSTRY -- A MAJOR ISSUE
13TH ANNUAL PURCHASING SUMMIT
The SAA and the OESA, in cooperation with Plante Moran, and hosted by Marelli presented the 13th Annual Purchasing Summit on May 24, 2022. Leaders from Plante Moran shared key highlights from the latest Plante Moran North American Automotive OEM-Supplier Working Relations Index® (WRI®) Study. Following, purchasing executives from Ford, GM, Honda, Nissan and Toyota provided commentary on the study results and answered questions from event participants.
The average age of light vehicles in operation (VIO) in the US rose to 12.2 years this year, increasing by nearly two months over the prior year, according to new research from S&P Global Mobility (formerly the automotive team at IHS Markit).Read More
Stagflation would heighten liquidity and refinancing risks for some U.S. airlines and auto suppliers, due to high exposure to elevated energy prices, demand elasticity, large upcoming maturities or a high percentage of floating-rate debt, says Fitch Ratings.Read More
Results of the 22nd annual North American Automotive OEM – Supplier Working Relations Index® (WRI®) Study show in spite of supply chain shortages and production volatility, transition pains to electric vehicles, logistics constraints, and increasing raw material costs impacting automakers and suppliers, two of the six major U.S. OEMs made substantial improvement in their WRI® scores and two held steady, while two others fell – one significantly.Read More
The number of consumers looking to buy EVs globally has hit 52%. This is the first time 50% has been exceeded, and it represents a rise of 22 percentage points in just two years.Read More
On May 16, Stellantis rescinded its new purchase order terms and conditions for North America and reinstated the prior version of the terms and conditions. Suppliers should check out Foley’s article for a breakdown of the changes to make sure you know how they will apply to your contracts going forward. If you have any questions regarding the article’s content, please contact Vanessa Miller or Nicholas Ellis.