Foley Weekly Automotive Report - January 2022 | Foley & Lardner LLP
This report helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities. Key Developments - U.S....
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January 4, 2022: Recent Automotive Industry Updates
It is predicted that a return to balanced levels of new-vehicle supply and demand could occur sometime between October 2022 and late 2023, and the EPA’s new fuel efficiency standards will cause automakers to shift production to hybrid and/or electric vehicles.
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