Bill Koenig

6 days ago | forbes.com | Bill Koenig

This month is huge for auto racing. You have the Grand Prix of Monaco, one of the most famous Formula One events. You have the Coca-Cola 600, the longest race on the NASCAR calendar. Historically, however, the most famous May race is the Indianapolis 500. It began in 1911, two years after the facility was built. It has been held almost every year since then except for World War I and World War II. Still, Indy has its challenges. NASCAR passed IndyCar as the biggest U.S. racing series years ago.

2 weeks ago | forbes.com | Bill Koenig

The 2025 Auto Shanghai show has featured new models and component systems introduced. An automotive consultant said Monday there was one subject that wasn’t mentioned much but still had an impact on the show – the 145% U.S. tariffs on Chinese goods implemented by President Donald Trump. “The tariffs weren’t talked about but there a cloud,” said Tu Le, founder and managing director of Sino Auto Insights, a Beijing-based consulting firm.

3 weeks ago | forbes.com | Bill Koenig

Forvia, a major French-based automotive supplier, is using this week’s Shanghai auto show to introduce new products. The event is a sign that, despite the auto trade battle between the United States and China, the auto industry remains international. “Auto Shanghai is where the future of mobility becomes reality — a time machine fast-forwarding us into tomorrow,” Martin Fischer, chief executive officer of Forvia, said in a statement.

1 month ago | forbes.com | Bill Koenig

Tariffs being implemented by President Donald Trump are only part of the uncertainty facing the auto industry, the CEO of major auto supplier Magna International Inc. said Tuesday. “It’s already been disruptive,” Swamy Kotagiri said during a presentation sponsored by the Automotive Press Association at Magna’s headquarters in Troy, Michigan, north of Detroit. “I believe it is untenable in the long run,” he said of tariffs.

1 month ago | forbes.com | Bill Koenig

To see how automotive companies are trying to keep up with increased U.S. tariffs on vehicles and auto parts, Premium Guard Inc. is a good place to start. The company makes aftermarket auto products, including replacement fuel filters. It has facilities in Canada and Mexico. PGI also has worked to diversify its supply chain. During the first administration of President Donald Trump, PGI moved to lessen its dependency on products from China.