Managing the Risk of Regulatory Compliance
Carmakers and their suppliers are learning to cope with a regulatory focus on non-GAAP measures, such as fuel economy and emissions compliance.
Meeting the challenge demands a less traditionally structured and more holistic response, says Stephane Lagut, EY’s Global Automotive Assurance Leader.
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Delegates to the United Auto Workers union’s annual convention in Detroit have overwhelmingly approved a 31% raise for their salaried international leaders.
Chinese electric-car startup Nio Inc. is forming a manufacturing joint venture with Beijing E-Town International Investment and Development Co., which is investing 10 billion yuan ($1.5 billion) in the business.
Once the playground of exotic car makers, the definition of a niche vehicle has expanded to include image vehicles for mainstream OEMs, and specialist models produced on high-volume platforms.