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The Australian Academy of Science says the 2021-22 Federal Budget contains mixed news for science. Academy President Professor John Shine says it is important for Australia’s future to ensure we have strong investment in basic research to be able to translate discoveries. The Budget contains no significant new funding for fundamental discovery science and no initiatives to stem the loss of university science jobs. “The Academy welcomes the commitment to develop an Australian mRNA manufacturing capability to fight COVID-19, the flu and future pandemics,” Professor Shine says. The Academy...

Tuesday, May 11, 2021 This report helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities.  Key Developments 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 ye...

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

Tuesday, May 4, 2021 This report helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities.  Key Developments U.S. new light-vehicle sales in April predict a  In an earnings call last week,  Ford warned of a potential volume loss approaching  1.1 million vehicles for the full year’s planned production due to the ongoing global semiconductor shortage. Due to the semiconductor shortage,  GM announced additional downtime for  five North American plants; Volkswagen’s Mexico unit will stop production for certai...

 Stellantis will reduce shifts through the end of May at its  Jefferson North Assembly plant in Detroit;  Ford extended shutdowns for two additional weeks in  Chicago, Flat Rock, Michigan, and  Kansas City, Missouri; Subaru’s Indiana plant is down from April 19-30. Volkswagen has experienced a production loss of 100,000 vehicles globally as a result of the chip shortage, and the automaker said it will not be able to make up for the loss in 2021. IHS Markit estimates up to 3% of medium and heavy commercial vehicle production in certain regions could be impacted by the semicon...