DENSO INTERNATIONAL AMERICA INC

AUT · Automotive Industry

Legislative outlook and strategy related to creating a federal framework for testing and deployment of AVs, including educating Congressional staff on how Tier 1 suppliers fit into AV ecosystem. Issues related filling vacant positions at various facilities, and importance of training, retention, and recruitment initiatives including expanded visa access to address shortfalls. Issues related various executive orders relative to both Light-duty Vehicle GHG emission regulations (EPA) and Corporate Average Fuel Economy (CAFE) and future rulemakings. Issues related related to ongoing/expected/recently completed rulemakings related to New Car Assessment Program (NCAP), AEB/PAEB, Automated Vehicles, Impaired Driving, and EDR. Issues related to vehicle safety provisions and reforms of the National Highway Traffic Safety Administration (NHTSA); reauthorization of the Infrastructure Investment and Jobs Act (IIJA). Issues related to substance of final rule and possible intersection with more recent executive orders including America First Trade Policy EO

TAX · Taxation/Internal Revenue Code

Issues related to immediate expensing of R&D, capital equipment expensing, interest deductibility, international tax provisions established in the Tax Cuts and Jobs Act, proposed Sec. 899, clean energy and manufacturing tax credits.

TRD · Trade (domestic/foreign)

Issues related to potential impact to various DENSO facilities relative to new/increased duties on steel, aluminum and derivative goods as assessed under Sec. 232, challenges related to implementation of the new duties, and possible interaction with other trade actions. Issues related to potential impact to various DENSO facilities relative to new/increased duties on covered automotive components as assessed under Sec. 232, relief mechanisms for automotive suppliers from auto parts tariffs, challenges related to implementation of the new duties and possible interaction with other trade actions. Issues related to potential impact to various DENSO facilities relative to new/increased duties on Canada, Mexico, and China imposed under IEEPA, importance of USMCA flexibility where applicable. Issues related to importance of the USMCA for DENSO NA operations, the automotive industry more broadly, and in favor of continued exemption for USMCA qualifying goods from IEEPA tariffs on Canada and Mexico and Sec. 232 auto parts tariffs. Issues related to new universal and reciprocal tariffs on various aspect of DENSO U.S. operations and supply chains. Issues related to ongoing Sec. 232 trade investigations including copper, semiconductors, critical minerals, and medium- and heavy-duty vehicles and components, and robotics and industrial machinery