This report helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities.
U.S. new light-vehicle sales for full-year 2021 reached 14.9 million units, and the SAAR for December was 12.4 million units, according to analysis by J.D. Power and LMC Automotive, and NADA. Low inventory is expected to continue impacting sales in 2022, with U.S. sales projected at 15.9 million units.
U.S. fleet sales reached an estimated 1.6 million units in 2021, 42% lower than the 2.8 million units sold in 2019, and 4% lower compared to 2020.
An estimated 2.3 million light-vehicle production units were lost in North America last year due to limited semiconductor supplies and other disruptions.
Toyota overtook GM as the top-selling automaker in the U.S. based on annual sales, as the former benefitted from earlier decisions to increase inventory of key components such as semiconductors.
A recent article by Foley & Lardner attorneys discusses the impact of increased vehicle computerization and electrification on patent infringement suits in the automotive sector.
Qualcomm announced deals to supply chips to Volvo, Honda, and Renault, signaling its continued efforts to expand in automotive platforms.
Intel’s autonomous driving unit Mobileye announced new collaborations with Volkswagen, Ford and Geely’s electric mobility brand Zeekr, for driver assist and autonomous vehicle technologies.
Electric vehicles and...
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