By: Benjamin Glick At the top of 2016, forecasts anticipated a rise in U.S. auto sales to record levels of over 18 million vehicles. One year later, sales have corroborated this act of industrial clairvoyance. According to a report by Business Insider, U.S. auto sales rose to 18.4 million cars and light trucks, and GM… Read More 18th West Michigan Automotive Suppliers Symposium – Automotive’s Age of Change: What’s Next?
By: Benjamin Glick In May 2016, state political leaders in Alaska considered plans for expanding port facilities in the city of Nome, on the state’s western coast. Ships seldom make the voyage to the community of 3,800 residents less than 200 miles from the Arctic Circle, but city and state leaders have reasons to be… Read More Is the Arctic Shipping Route Closer to Being a Viable Alternative?
By Sonja Johnson, Executive Director Van Andel Global Trade Center Article originally published in Grand Valley State University’s Seidman Business Review 2017. The ever-changing global marketplace brings both potential increases in competition and provides many additional opportunities for Michigan businesses looking to diversify and tap into the over 95 percent of global consumers who reside… Read More Michigan Companies Growing Exports Through Foreign-Trade Zones
By Benjamin Glick The period of time between 2013 and 2014 saw the tax structure in Mexico change dramatically. Seen as a shift away from reliance on U.S. investment and manufacturing to its own industrial base, Mexico exerted many new tax increases and reforms – such as increasing taxes on foreign residents from 30 to… Read More Top 5 Tax Considerations for Mexico
By Benjamin Glick As companies in the U.S. and Mexico establish deeper ties within multi-national companies and growing commercial interaction, familiarity with the legal landscape of Mexico is essential for doing business in the country. Legal System Besides having different laws, Mexico’s legal system differs in other fundamental ways. Probably the most significant difference is… Read More 5 Legal Considerations for Doing Business in Mexico
By Ian Hibbard The Czech Republic, along with other rising Eastern European economies such as Hungary and Poland, recorded impressive economic growth since their transition from a state-controlled socialist economy in the early 1990’s. The country formerly known as Czechoslovakia was transformed during the 1989 Velvet Revolution when the communist regime collapsed and a multiparty… Read More Czech Republic: Re-establishing What They Started
Because of its proximity to the United States, Mexico is an integral trading partner whose value has only grown over the decades. Mexico ranks in the top 20 of the world’s largest economies and is more developed than it gets credit for. By purchasing power parity the country has a GDP similar to that of the… Read More Let’s Talk Mexico