There is an effort in the US Congress to require automakers to maintain AM radio in all vehicles, including new electric vehicles (EVs). However, the nature of EVs and their operating conditions, including acceleration and deceleration, pose a challenge to ensuring...
The purpose of this study is to estimate Hyundai Motor America’s (HMA’s) and its independent dealer network’s employment and economic contribution to the United States and the economies of the seven states in which HMA and HMA dealer networks have significant...
While sustainability in the automotive industry is not new, it is becoming an increasingly vital part of doing business for many. In recent years, the industry has been coping with supply chain disruptions resulting from the pandemic and ongoing parts and...
The Federal Trade Commission (FTC) published a proposed Motor Vehicle Dealers Trade Regulation Rule (16 C.F.R. § 463) (“Trade Rule”) on July 13, 2022. In the Trade Rule, the FTC solicited “comments from the public to improve [benefit or cost] estimates before the...
Vehicles are currently in a new stage of evolution that includes advanced driver assist, connectivity, and automation. Due to the evolving nature of the technology and shifting consumer preferences, the timing and pathway for implementation of these technologies is...
On August 16, President Biden signed the Inflation Reduction Act (IRA) of 2022 into law. The law will, among many things, allocate nearly $370 billion to climate and energy-focused investments and incentives. The IRA resulted from a hard-fought effort that created a...
Today’s automotive industry faces a historical shift from internal combustion engine (ICE) vehicles to battery electric vehicles (BEV). This shift is profound, dramatically altering the structure of the automotive value chain and the vehicle manufacturing process....
The conversion brought forth by digital transformation and advanced technologies has made a tremendous impact on the way manufacturers process and manage their organizations. While the strategies of agile and modern management systems, specifically quality management,...