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ARTICLE · 10 AUGUST 2023

Foley Automotive Update

Foley & Lardner LLP
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This update helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities. Contact your Foley relationship partner, or Ann Marie Uetz...

United StatesTransport
Ann Marie Uetz
Ann Marie Uetz
Vanessa Miller
Vanessa Miller
Nicholas Ellis
Nicholas Ellis
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Analysis by Julie Dautermann, Competitive Intelligence Analyst

This update helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities. Contact your Foley relationship partner, or Ann Marie Uetz, Vanessa L. Miller, or Nicholas J. Ellis, to follow up.

Key Developments

  • U.S. new light-vehicle sales reached 1.3 million units in July, representing a SAAR of 15.8 million units, according to estimates from GlobalData featured in Just Auto. New vehicle sales are projected to hit 15.4 million units for full-year 2023, and 16 million units for 2024.

  • Foley & Lardner provided an overview of recent actions in the U.S. House to revive legislation regulating autonomous vehicles. Proposals in recent years have stalled due to differing viewpoints in areas including AV liability, as well as the roles of federal, state, and local governments in regulating emerging automotive technologies.

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