DENSO INTERNATIONAL AMERICA INC

AUT · Automotive Industry

Policies related to legislation intended to create a federal framework for testing and deployment of AVs, including how Tier 1 suppliers fit into AV ecosystem. Challenges filling vacant positions at various facilities, and importance of training, retention, and recruitment initiatives including expanded visa access to address shortfalls. Issues related to various executive orders relative to both Light-duty Vehicle GHG emission regulations (EPA) and Corporate Average Fuel Economy (CAFE) standards. Issues related to ongoing/expected rulemakings related to New Car Assessment Program (NCAP), AEB/PAEB, Automated Vehicles, Impaired Driving, and EDR.

TAX · Taxation/Internal Revenue Code

Policies related to manufacturing and innovation benefits of Congressional action to reinstate immediate R&D expensing for tax purposes that was sunset in 2021 as part of the Tax Cuts and Jobs Act (TCJA). Importance of credit to MI, NC, and TN. Issues related to various programs covered under the IRA in the context of ongoing tax reform debates.

TRD · Trade (domestic/foreign)

Policies related to the potential impact of manufacturing facilities relative to new/increased duties on steel, aluminum and derivative goods as assessed under Sec. 232. Potential impact to various manufacturing facilities relative to new/increased duties on covered automotive components as assessed under Sec. 232. Potential impact to various manufacturing facilities relative to new/increased duties on Canada, Mexico, and China imposed under IEEPA. Issues related to the importance of the USMCA for company operations, the automotive industry more broadly. Issues related to the continued exemption for USMCA qualifying goods from IEEPA tariffs on Canada and Mexico. Potential impact to new universal and reciprocal tariffs on various aspect of U.S. operations and supply chains. Challenges related to implementation of the new duties and possible interaction with other trade actions.