ANN ARBOR — A sudden escalation in Middle East tensions is rippling through the global economy, and Michigan businesses may soon feel the impact in the form of higher fuel costs, rising prices, and renewed pressure on supply chains. The flashpoint is the Strait of Hormuz, a narrow shipping corridor that handles roughly one-fifth of
GRAND RAPIDS - The 25th Michigan Automotive Suppliers Symposium in Grand Rapids at the Van Andel Trade Center on March 7, is an annual gathering of industry leaders, business owners, c-suite executives, managers, and key decision-makers from all tiers of the automotive sector is set to deliver crucial insights. This year’s Symposium will explore ways
TRAVERSE CITY - Magna International Inc. CEO Seetarama Kotagiri got right to the point in discussing the implications of an increasingly electrified vehicle fleet on the global automotive supply chain. Speaking as a keynote at the Center for Automotive Research (CAR) Management Briefing Seminars last week, Kotagiri started detailing the issue almost immediately as he took
ROYAL OAK - If you are a tech company looking to sell your products to the auto makers, you need to become aware of a contract that may be used called a Directed-Buy Agreement. Michael Brady, who heads up the Warner Norcross & Judd Automotive Practice Group, said a Directed-Buy Agreement is when the auto
SOUTHFIELD - The auto industry is rapidly changing in Detroit, Tokyo, and markets around the world where EVs and autonomous vehicles are dominating the conversation. A large part of that conversation is being driven by the Silicon Valley tech industry where automotive isn't simply changing – it’s emerging, and emerging with a wallop. One of
