Foley Weekly Automotive Report – May 2021 – 2 | Foley & Lardner LLP

This report helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities.

Key Developments

  • LMC Automotive increased its 2021 U.S. light vehicle sales forecast to 17 million units following April sales results, which reached a SAAR of over 18 million units.
  • New-vehicle inventories fell to 1.9 million units industrywide in April, down from 2.4 million units in March – this represents a 33 days’ supply, compared to 88 days one year ago.
  • U.S. fleet sales were down by 16% for January – April compared to the same period last year, and 31% lower from
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Automotive Information & Auto Trade Tendencies

If you anticipate being stopped for multiple minute, shut off the car. Contrary to well-liked perception, restarting the car makes use of less gasoline than letting it idle.

What is automobile and types?

An Automobile is a self propelled vehicle which contains the power source for its propulsion and is used for carrying passengers and goods on the ground, such as car, bus, trucks, etc.,, Types of Automobile; The automobiles are classified by the following ways, 1.

Bad Credit Auto Loans can be a lot to wrap your head around however at Easterns we do our best to make the … Read More

Applications Continue for The Future of Automotive Design Competition

a thousand TL award for projects based on mobility in automotive

Applications continue for the 10th Future of Automotive Design Competition organized by Uludağ Automotive Industry Exporters’ Association (OIB) in order to contribute to the increase of exports by developing value-added products and technologies in the automotive sector. This year, a total of 500 thousand TL will be awarded to innovative projects that will make a difference in the sector with the theme of “Solutions in the Mobility Ecosystem”.

OİB has evaluated more than 2012 thousand projects so far, supported 4 projects and awarded 193 projects in the competition it

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Automotive Suspension Market worth $50.7 billion in 2026

CHICAGO, May 13, 2021 /PRNewswire/ — According to the new market research report Automotive Suspension Market by Architecture (MacPherson Strut, Double Wishbone, Multi-link, Twist Beam, Leaf Spring, Air Suspension), System Type, Actuation, Component OE & Aftermarket, Vehicle (ICE, BEV, HEV, PHEV), and Region – Global Forecast to 2026″, published by MarketsandMarkets™, the global Automotive Suspension Market is expected to grow from USD 42.9 billion in 2021 and is projected to reach USD 50.7 billion in 2026, at a CAGR of 3.4% during the forecast period. Increase in demand for vehicle comfort and safety and increasing adoption of air

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Automotive Film

See our Privacy Policy and Third Party Partners to be taught extra about using knowledge and your rights. We provide the highest quality original gear used auto parts for your Automotive vehicle, out there at a fraction of our competitor’s price. Providing fast supply backed by the industry’s best warranty is all we do – and we’ve been doing it for years.

41-Year-Old Man Killed When Car Jumps Sidewalk In Oakland’s Glenview Neighborhood; Driver Flees Scene – SFist

41-Year-Old Man Killed When Car Jumps Sidewalk In Oakland’s Glenview Neighborhood; Driver Flees Scene.

Posted: Mon, 10 May 2021 17:23:41 GMT [

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Hozon Auto teams up with cybersecurity giant | Automotive Industry News

Chinese cybersecurity firm Qihoo 360 will ink a partnership with electric vehicle (EV) startup Hozon Auto.

Qihoo 360 CEO and founder Hongyi Zhou announced the plan to join the elite club of tech CEOs turned smart-carmakers at a company meeting on Tuesday. Household names such as Huawei, Xiaomi and Baidu have recently revealed similar plans to enter the automotive industry.

The Qihoo 360 announcement comes after Hozon Auto-owned EV brand Nezha announced in April that it planned to raise roughly 3 billion Chinese yuan (about $467m) in a Series D financing round. The cybertech firm is leading the raise and,

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