Legal Appraisal & Key Automotive Industry Trends

The Trends in Automotive Industry witness managing supply chain disputes arising from Aluminum And Steel Tariffs. Trade issues and tariffs likely will be an important issue for automotive suppliers and manufacturers to manage in this decade. Due to the facts that automotive suppliers typically purchase raw materials and supply components and assemblies to Original Equipment Machines under long-term agreements with fixed prices suppliers without appropriate clauses addressing such cost changes for raw materials components. This book covers the Legal Appraisal of Automotive Industry how the Original Equipment Manufacturers (OEMs) are responsible for the safety of their systems enforced by law in terms of liability. At the same time there is a number of laws for example the Automobile Safety Act that has to be obeyed by the specification. We give insights into the current state of practice about how the automotive industry performs requirements engineering in order to comply with government laws and regulations. We analyze the challenges and give ideas from research work in progress for tackling them.