Mohammed Al-Sayed, P. Eng. MBA ☑’s Post

Happy to attend the Reuters Events: Automotive Europe 2024 in Munich with interesting inputs from different speakers. - Stellantis CEO Carlos Tavares: We need stable framework conditions, political objectives should not be constantly questioned. And protectionism is not the answer to Chinese competition. It leads to more inflation in the domestic markets and weak exports. - Volkswagen’s Group Board Member for Technology Thomas Schmall was also clear: A "Master Plan" is now needed in Europe. The USA had made a decisive strategic step with the Inflation Reduction Act, whereas China is following its own strategy as well. Something similar is lacking in Europe. There are still two to three years to react. - In the panel "How is Government Regulation changing the Automotive Industry Landscape?" I underlined this message. Our current problem is not the CO2 target for 2035, but instead we need flexibility, a robust enabling framework and suitable funding conditions to achieve this goal.

“ #ConfidentialInformation: With or without letters from the US, Chinese cars pave the way in Mexico” Opinion October 9, 2024 Pool CEO “ Chinese cars are paving their way in Mexico, regardless of the measures that US legislators are trying. While senators sent a letter to President Claudia Sheinbaum asking for measures against vehicles, Mexican representatives of the automotive industry recognized the importance of Asian brands for the Mexican market. The main Mexican automotive associations - AMIA, INA and AMDA - gave a support to the Chinese car brands at a conference on October 7. According to them, these are important investments (more than 500 agencies and 22 operational companies) that also provide employment to thousands of Mexicans. And, on the other hand, they do not despise Chinese promises of manufacturing. For the local industry, it would be positive if Chinese car brands ended up arriving with assembly plants because investments would deepen, there would be more jobs and economic spills in the regions where they land. And it doesn't matter that they don't export to the United States, it seems to be the common consensus. Claudia [Sheiunbam] should answer the Chinese car letters Despite the fact that Mexico - already - needs Chinese cars (about 10% of the units placed at the national level come from the Asian country) experts in international trade say they are concerned about the omission of the Mexican government to the letters of the legislators and Katherine Tai, the country's commercial representative. According to them, it is not necessary for Claudia to take any action in the short term - in the end, legislators see their own agendas based on the interests of their representatives. However, it would be a "courtesy" well seen by the "neighbors" that would ease the tension in relations between Mexico and the United States, especially in the face of a complicated review of the T-MEC in 2026. This response would be more important after a sepulchral silence by AMLO in this regard.” ….. ….. https://lnkd.in/gEP59ic8

On time or too late? Today in Brussels, the Belgian trade unions, reinforced by their European colleagues, organized a large and legitimate demonstration to express their concerns about the viability of European plants in support of Audi employees. It should be noted that the latter are impatient to see their production site taken over by ..... some Chinese industrial investor! Over the last few days I've seen a lot of enthusiasm for the Draghi report on EU competitiveness. I wonder whether this report has come too late for a number of industries? The decision to ban internal combustion cars is a great example of two increasingly glaring facts that explain why public strategies present high risks of failure from the outset. To be precise: a) The players who decide on a strategy are not the ones who have to implement it. Offering subsidies is not enough. Framework conditions are sometimes necessary, but it is consumer purchases that make or break the market. b) The strategies are not (yet?) based on any intervention logic, or any use of evidence place-based data. In the case of the automotive industry, this logic would have shown that EU manufacturers did not have sufficient comparative advantages to take advantage of the opportunities offered by the implementation of this type of strategy.

We’re back and refreshed for this afternoon’s trade sessions with Luca de Meo from European Automobile Manufacturers' Association (ACEA). Followed by a panel discussion on the “Brussels Effect” and how can Europe set the stage and navigate the implications for competitiveness in a rapidly changing landscape. 🚗💡 Don’t miss this opportunity to explore the future of European’s industry! #POLITICOCompetitiveWeek

How are leading industry players addressing the question of whether to stay and compete in China or separate from the market to protect investments? Join our automotive experts to discuss recent changes in China’s automotive industry structure, policy, and regulation. Register here today. #China #automotive https://okt.to/hiADZ9

Automotive developments on international markets Baden-Württemberg is undoubtedly shaped by the automotive sector like no other region in Germany. However, the mobility transition poses major challenges for the industry and all its players - from OEMs to suppliers. Find an overview of current market trends, developments and potential in the various regions of the world from Asia to Africa.

How are leading industry players addressing the question of whether to stay and compete in China or separate from the market to protect investments? Join our automotive experts to discuss recent changes in China’s automotive industry structure, policy, and regulation. Register here today. #China #automotive https://okt.to/Fsqaj7

How are leading industry players addressing the question of whether to stay and compete in China or separate from the market to protect investments? Join our automotive experts to discuss recent changes in China’s automotive industry structure, policy, and regulation. Register here today. #China #automotive https://okt.to/zFk6Hc

How are leading industry players addressing the question of whether to stay and compete in China or separate from the market to protect investments? Join our automotive experts to discuss recent changes in China’s automotive industry structure, policy, and regulation. Register here today. #China #automotive https://okt.to/Kg52mj

🚗🌍 Reflecting on Regional Integration in the Automotive Industry: Insights and Challenges 🌍🚗 The automotive industry is witnessing a trend of increasing regional integration, largely driven by Regional Trade Agreements (RTAs). Notably, in North America, the sector is experiencing unprecedented levels of integration, deemed necessary and further reinforced by regional initiatives. Similarly, a gradual integration is emerging between the European Union and Canada, albeit in a more limited fashion. 🌎 RTAs play a pivotal role in promoting regional integration within the automotive sector. However, their effectiveness is often hindered by outdated regulatory frameworks, limiting the potential for deeper integration. Despite these challenges, the industry is poised for further integration, albeit impeded by state-driven trade strategies and the rising tide of protectionism and Euroscepticism. 📖 In addition to internal obstacles, such as outdated regulations, external factors like growing environmental awareness can sometimes conflict with integration goals. National regulations may also impede integration, leading to tensions among industry stakeholders. 💢 Conclusion ➡ Despite challenges, regional integration in the automotive industry is inevitable and crucial for global competitiveness. Collaboration between governments and industry players is key to modernizing regulatory frameworks, overcoming political hurdles, and fostering sustainable and harmonious economic integration. ➡By working together, we can shape a future where the automotive industry thrives, driving growth and innovation in this rapidly evolving industry while helping to meet today's challenges. #Automotive #RegionalIntegration #Environment #Collaboration #Verizon